Thursday, September 3, 2009

Trinity Gang

The Water Board's responsibilities are to provide clean, adequate water and reduce flooding.

What are they up to these days?

They are seizing land from business owners that are "in the way" of Trinity Uptown.

Today's Fort Worth Star-Telegram daily newspaper has an article that you can't afford to miss.

"As far as I know, the offer they gave us really was not open for negotiation," said Mike Page, 53, whose family built the building at 1035 N.Henderson St. in 1967. "It was take it or leave it," he said.

"What we’ll be left with is a piece of property that is not worth anything," Page said.

At Wednesday’s meeting the Trinity River Authority also adopted a resolution saying it favors lengthening its tax increment finance district to 40 years to cover $320 million of the project’s $909 million cost. The board heard two consultants’ reports stating that a 40-year TIF could generate $448 million to $840 million.

The project’s official cost has climbed from $880 million in July since board members indicated they wanted $29 million in so-called "betterments" added that will pay for trees, pedestrian walkways and other amenities designed to lure foot traffic to the bypass channel. For now, the Trinity River Vision board is holding off on adding more projects to the tab.

What Mark Twain said about the Mississippi River holds true for the Trinity as well,

The Mississippi River will always have its own way; no engineering skill can persuade it to do otherwise...

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