The reason for high water bills due paying for future road improvements in the River Trails area.
"....Under the TIF, the city would contribute 85 percent of its projected increase in tax revenue --$59.5 million -- over 20 years. Tarrant County, if commissioners approve, would contribute 50 percent of its projected incremental increase -- or $10.8 million over 20 years. And the Tarrant Water Regional District would contribute all of its $1.6 million in projected increase....."
"...Under the TIF, Newell can use tax revenue for streets, water, sewer, utilities, streetscape and private costs like environmental remediation, demolition and historic restoration, Chapa said"
Read more here: http://www.star-telegram.com/2012/11/13/4411690/fort-worth-clearing-way-for-massive.html#storylink=cpy
Read more here: http://www.star-telegram.com/2012/11/13/4411690/fort-worth-clearing-way-for-massive.html#storylink=cpy
