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Legislative Update2010 Tarrant County
Commercial Real Estate Forecast
Susan Halsey
Jackson Walker L.L.P.
[email protected]
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Last year we said, 'Things can't go on like this', and
they didn't, they got worse.
Buy land. They ain't making any more of the stuff.
-Will Rogers
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Politics is the ability to foretell what is going to
happen tomorrow, next week, next month and next
year. And to have the ability afterwards to explainwhy it didnt
happen.
-Winston Churchill
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Flexibility for tax abatements
Ability to extend TIF terms
Broader uses for TIF funds
2009 Accomplishments
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2011 Expectations
Increase job creation in the Texas manufacturingindustry
Resolve issues relating to the eminent domainlegislation
introduced in 2009
Survey local ordinances governing surface use ofproperty in oil
and gas development and recommend
changes for regulation of the operation of oil and gasindustries
in urban areas in the Barnett Shale
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What will they really do?
Budget
Sales tax revenues - down nearly $700 million
Natural gas taxes - down $420 million
Revised franchise taxdown $111 million
--Center for Public Policy Priorities
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What will they really do?
Redistricting
For 2010 Census numbers
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Upcoming Elections
Early VotingFebruary 16 through February
26
PrimaryMarch 2
Primary Runoff if neededApril 13
General ElectionNovember 2
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Two reasons to participate
Democracy is a process by which the people are free tochoose the
man who will get the blame.
Laurence J. Peter
Everyone has his day and some days last longer than
others.Winston Churchill
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Local Events
January 15Kay Granger / Fort Worth Rotary
January 22Roger Williams / Leaders in Business
February 5Kay Bailey Hutchison / Leaders in Government
February 25Mayor Mike Moncrief / State of the City
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Legislative Update
2010 Tarrant CountyCommercial Real Estate Forecast
Susan Halsey
Jackson Walker L.L.P.
[email protected]
