2009 Tarrant County Commercial Real Estate Forecast Susan Halsey Jackson Walker L.L.P. 2008 Bill Meadows appointed to TX DOT Board Rail North Texas Traffic Delays Cost $2. Billion Texas Transportation Institute Fort Worth Star Telegram Tax Increment Financing Districts Extension of Termination Dates Maintain Original Increment Tax Base Approval of Each Taxing Authority Other Issues of Interest Sales Price Disclosure Bill Tax Relief for Green Building Efforts Eminent Domain Restrictions Not for economic development Not for
2009 Tarrant County Commercial Real Estate Forecast Susan Halsey Jackson Walker L.L.P. 2008 Bill Meadows appointed to TX DOT Board Rail North Texas Traffic Delays Cost $2. Billion Texas Transportation Institute Fort Worth Star Telegram Tax Increment Financing Districts Extension of Termination Dates Maintain Original Increment Tax Base Approval of Each Taxing Authority Other Issues of Interest Sales Price Disclosure Bill Tax Relief for Green Building Efforts Eminent Domain Restrictions Not for economic development Not for
2009 Tarrant County Commercial Real Estate Forecast Susan Halsey Jackson Walker L.L.P. 2008 Bill Meadows appointed to TX DOT Board Rail North Texas Traffic Delays Cost $2. Billion Texas Transportation Institute Fort Worth Star Telegram Tax Increment Financing Districts Extension of Termination Dates Maintain Original Increment Tax Base Approval of Each Taxing Authority Other Issues of Interest Sales Price Disclosure Bill Tax Relief for Green Building Efforts Eminent Domain Restrictions Not for economic development Not for
Commercial Real Estate Forecast Susan Halsey Jackson Walker L.L.P. shalsey@jw.com 2008 • Bill Meadows appointed to TX DOT Board • Rail North Texas • Traffic Delays Cost $2.5 Billion • Texas Transportation Institute • Fort Worth Star Telegram • Regional Leaders • City Councilman, Jungus Jordan • Mayor Mike Moncrief • County Judge Glen Whitley • Commissioner Gary Fickes • NRH Mayor, Oscar Trevino • Arlington Mayor, Bob Cluck • Arlington City Councilwoman, Kathryn Wilemon • Tax Increment Financing Districts • Extension of Termination Dates • Maintain Original Increment Tax Base • Approval of Each Taxing Authority Other Issues of Interest • Sales Price Disclosure Bill • Tax Relief for Green Building Efforts • Eminent Domain Restrictions • Not for economic development • Not for recreational purposes • Not for urban renewal- unless immediate health and safety threat 2009 Year of Opportunity • Fort Worth and Tarrant County • Get more leaders appointed to State boards and commissions • Region • Commuter Rail Efforts • State • Make TIF Funding more flexible Legislative Update 2009 Tarrant County Commercial Real Estate Forecast Susan Halsey Jackson Walker L.L.P. shalsey@jw.com