Press Release
November 7, 2014
Mary Kelleher, Director TRWD
Subject: Groundbreaking-TRV Panther Island Bridges
On Monday, November 10, 2014, many of Fort Worth's elite will attend a groundbreaking ceremony for the TRV (Trinity River Vision) Panther Island Bridges. As a Director of the TRWD (Tarrant Regional Water District), I received an invitation to this event but I will not be in attendance. I do not want to go down in history as being present for the groundbreaking of what many anticipate, myself included, will be referred to one day as the biggest boondoggle in the history of Fort Worth. I'm disappointed in the decision to move ahead with building bridges over dry land without funding certainty.
Some of you may not know about the TRV project and don’t feel bad because you never actually voted for it. What you voted for back in 2008 was a proposition which read, “The issuance of public securities for street improvements in the aggregate sum of $150,000,000”. This proposition passed and has turned into a public/private development scheme using tax revenues to finance a giant waterfront project to attract more people to Fort Worth. The plan is to divert the Trinity River to create a 33-acre town lake with water-front restaurants, bars, businesses, and condos.
Sounds great…..but there’s one big problem. This almost billion dollar water project won’t bring one drop of water to Fort Worth and will place even more strain on the limited water supply we do have. It’s irresponsible to spend hundreds of millions of dollars for an economic development project when we are in a record drought and there are cities in Texas running out of water.
This serious issue was raised and the public/private clique responded with claims that this project is necessary for flood control. Part of the plan calls for lowering the levees so people can have more access to the Trinity River. Lowering levees increases flood risks.
The TRV is an unnecessary financial risk to the taxpayers, a financial blow to many of the Fort Worth property owners displaced by the taking of their land for this project, and a financial windfall for the chosen individuals, businesses, developers, contractors, and elected officials who have and will benefit from this project.
Saturday, November 8, 2014
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