Tuesday, March 18, 2008

Fort Worth Approves Change in Deal with Bank

"Fort Worth will be giving its bankers a smaller cut of gas drilling revenues under a new agreement unanimously approved Tuesday with JPMorgan Chase, which handles the city's mineral leases."

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Monday, March 17, 2008

Rainwater's 'Single Worst Investment'

Sometimes even billionaires make bone-headed moves. Richard Rainwater, the legendary Fort Worth investor, has seen a 70% decline in just two months on some $100 million he put into troubled home lender Thornburg Mortgage . Rainwater calls it the "the single worst investment of my career.

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Tuesday, March 11, 2008

Fort Worth May Back Down from Planned Fees for Developers

"A consensus is building among land developers and city staffers that would scale back the proposed road impact fees on new construction in Fort Worth.

New homes in most of Fort Worth would see an impact fee of $1,500 under the proposal, with lower fees in two regions of town and no fee in most neighborhoods inside Loop 820. Under the original proposal, the area inside Loop 820 would have been largely exempt, but the fees in other areas would have ranged from a few hundred dollars to a maximum of $6,102."

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Monday, March 10, 2008

Banks in D-FW Feel the Pinch of Weaker Loans

"After a decade-long run of growth, Dallas-Fort Worth banks were reminded in 2007 that what goes up can come down."

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Wednesday, March 05, 2008

The Dolly Johnson - 45th Annual Antique Show

March 8-9, 2008
Will Rogers Memorial Center
3400 Burnett-Tandy
Fort Worth, TX 76107

"For a new spin on presidential politics, the March 8-9 Dolly Johnson Antique Show will feature “Antiques and Their Presidents” at the 45th annual show in Fort Worth Texas. Over 50 exhibitors from across the nation will arrive at the Will Rogers Memorial Center with American antique furniture and accessories, including many treasures identified by presidential eras, from Washington to Ike."