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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Texas city using treated wastewater for drinking

EMILY SCHMALL, Associated Press


FORT WORTH, Texas (AP) — As much of Texas grapples with lingering drought, a second city in the Lone Star State has begun reusing treated wastewater in a state-approved recycling process to bolster drinking supplies.

Wichita Falls, near the Oklahoma border, on Wednesday began reusing millions of gallons of water at the River Road Waste Treatment plant that's been purified to meet government drinking standards. The water is then sent by a 12-mile pipeline to the Cypress Water Treatment Plant for additional purification.

The Texas Commission on Environmental Quality approved Wichita Falls' proposal for a toilet-to-tap reuse program for up to six months.

The West Texas town of Big Spring, whose spring dried up decades ago, implemented an indirect potable reuse program — where effluent flows into another body of water before being treated — earlier this year. The water is then filtered through reverse osmosis. The city of Brownwood, about 80 miles south of Abilene, has approval for a project similar to Wichita Falls' to treat 1.5 million gallons of water daily, but it has not started doing so.

Wichita Falls is operating under a Stage 5 drought catastrophe, in which outdoor watering is banned and conservation is urged. Demand for city water has dropped 45 percent, according to City Manager Darron Leiker.

Still, the city's reservoirs are on a trajectory to run dry by August 2016, according to the Texas Water Development Board. The Wichita Falls area needs drinking water for about 150,000 people, and supplies from local reservoirs have plummeted from nearly 90 percent capacity before the drought began in late 2010 to about 20 percent capacity in late June.

"We can't conserve our way out of this," Leiker said.

The city's cloud-seeding experiments to stimulate rain have been unsuccessful. It's considering using a polymer product to coat the surface of its reservoirs to repress evaporation, though a recent field test proved disappointing.

The situation is fallout from Texas' driest year ever in 2011. Since then, when rain has fallen in the western half of the state, it didn't land into lakes' watersheds.

The drought is the second-worst in Texas after the 1950s Dust Bowl, according to the state's climatologist, John Nielsen-Gammon.
 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?