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Ice cancels flights, snarls traffic; snow in North Texas forecast

DALLAS (AP) — More wintry weather was expected across parts of North Texas through Wednesday.

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Riverside: Developer sees revitalization with apartments, townhomes driving commercial projects

A Dallas developer is seeking to rezone more than 18 acres in Fort Worth’s Riverside area overlooking Oakhurst Scenic Drive, the Trinity River and downtown, with plans to build as many as 400 apartments and townhomes aimed at renters who want to live in or near the central city. D

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Einstein Bagels closing two Tarrant locations

Einstein Bagels is closing two Tarrant County locations, part of a series of 39 closings around the country, according to the company’s owners, JAB Holding Co.

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Berkshire Hathaway company acquires Fort Worth firm

M&M Manufacturing, a producer of sheet metal products for the air distribution and ventilation market based in Fort Worth, has been acquired by MiTek Industries Inc., a subsidiary of Warren Buffett’s Berkshire Hathaway Inc.,

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Plans for Grand Prairie indoor ski resort, Hard Rock Hotel evaporate

Plans for a $215 million indoor ski resort and Hard Rock Hotel in Grand Prairie have been shelved. Sherman Thurston, a member of the development team, sent a

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Fort Worth energy firm files suit against city of Dallas

 

 

Trinity East Energy of Fort Worth on Thursday filed a lawsuit against the city of Dallas after the company paid more than $19 million to secure oil and gas leases on city property, only to have drilling permits on three separate tracts denied by the Dallas City Council.


The lawsuit claims breach of contract, fraud and unconstitutional taking/inverse condemnation stemming from written and oral assurances made by former Dallas City Manager Mary Suhm and other Dallas officials in support of Trinity East Energy's plan to drill for natural gas in the Barnett Shale geological formation deep under 3,600 acres of uninhabited and undeveloped portions of west Dallas.
According to the lawsuit, Trinity East ultimately invested more than $30 million in an attempt to extract natural gas conveyed to the company through its lease purchases. The company's total losses over the lifetime of the wells exceed several hundred million dollars.


The saga began in 2007, when Dallas city leaders raised much-needed revenue by asking energy companies, including Trinity East, to submit proposals to lease city property and drill for oil and gas. Trinity East officials say they worked closely with city officials to design the necessary system of equipment on remote, uninhabited city property, much of which is in a flood plain and cannot be developed.
 

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