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Residential land at Chisholm Trail Ranch purchased

Stratford Land, Legacy Capital Co. and the Walton Group of Cos. have snapped up 268 acres of residential land at Chisholm Trail Ranch in Fort Worth.

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Fort Worth to consider adopting 15-year Cavile Place redevelopment plan

The 300-unit Cavile Place housing project in Southeast Fort Worth would be razed and replaced in phases, with a significant number of the units redistributed into the neighborhood.

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Fort Worth payment processor acquired by pension plan group

Fort Worth-based First American Payment Systems has been acquired by an investor group led by the Ontario Teachers’ Pension Plan (Teachers’), with participation of members of the First American management team.

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Texas adds 19,100 nonfarm jobs in June; Fort Worth-Arlington jobless rate 5.3 percent

Seven of Texas' 11 major industry segments added jobs in June, the Texas Workforce Commission reported.

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Fort Worth council members approve Cavile Place redevelopment plan

The vote kicks off what officials say will be a 10-15-year implementation.

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Texas governor candidate Davis announces ed plan

 

NOMAAN MERCHANT, Associated Press


ARLINGTON, Texas (AP) — Texas gubernatorial candidate Wendy Davis made the first policy announcement of her campaign Thursday, offering proposals aimed at luring new public school teachers with guaranteed college admission, teaching jobs and loan forgiveness.

The Fort Worth state senator and presumptive Democratic nominee didn't say how much her ideas would cost. She said she would not seek a tax increase.

"Within existing state resources, I absolutely believe that we can fund and make a priority public education in the state of Texas," she said following an event at the University of Texas at Arlington. "It takes leadership and a partnership between the governor's office and her Legislature in order to make that happen, and that will be one of my priorities."

Davis sought again to tie Texas Attorney General Greg Abbott, her expected Republican rival, to $5 billion in school funding cuts the Republican-controlled Legislature made in 2011 in response to a massive shortfall in state revenue. Much of those cuts were reversed during last year's session.

"I think it's a pretty clear distinction between what our focus and what our priorities are," she said.

Abbott has declined to take a position on the funding cuts, though his office is representing the state in an ongoing case brought by more than half of Texas' 1,000-plus public school districts after the cuts were made.

In an email Thursday, Abbott spokesman Matt Hirsch called Davis' proposals "fuzzy math — a plan that will increase spending and impose more mandates on Texas universities without explaining how to pay for it."

Davis said high school students in the top 20 percent of their classes should be guaranteed admission to the University of Texas at Austin or other state institutions and a job teaching in a state school after graduation.

She said the state should forgive one year of student loan debt for every teacher who works two years in a qualifying school, and that loan forgiveness should be available to potential teachers in all fields of study.

Davis said Texas teachers were underpaid and decried stories of some teachers working a second or third job to make ends meet, saying they "simply aren't earning enough." According to the National Education Association, the national teachers' union, starting Texas teachers were paid about $1,000 less than the national average during the 2011-12 academic year.

She also wants to boost the number of teacher's aides and school counselors in the state.

Two years before her 11-hour filibuster of an anti-abortion measure brought her national attention, Davis staged a filibuster in 2011 over the Republican-controlled Legislature $5 billion cuts to school funding. Much of the money cut then was restored during last year's legislative session.

____

Associated Press writer Paul J. Weber in Austin, Texas, contributed to this report.

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