News - Page 35

City of Houston approves clear guidelines for reinvestment zones

The Houston City Council recently passed new guidelines for Tax Increment Reinvestment Zones (TIRZ) creation, termination, and timelines.   The new guidelines include several boundaries:   The city will evaluate the performance of these zones.   The new policy was delayed several times to give
September 15, 2023

Record heat causes problems for Texas water systems

The Dallas/Fort Worth area has seen 53 days of temperatures over 100 degrees so far in 2023. In Waco, that number is 65. Texas’ prolonged heat wave, coupled with below-average rainfall statewide, has created conditions that are just right for water line
September 15, 2023

Almost 40% of U.S. bridges need repairs or replacement, report shows

More than 222,000 bridges in the U.S. – about 36 percent – need major repair, including 76,000 that should be replaced, according to an analysis of the U.S. Department of Transportation (USDoT) 2023 National Bridge Inventory (NBI) database.  Nearly 42,400 of the bridges
September 13, 2023

Fort Worth Economic Development Partnership announces inaugural board

Recently, the Fort Worth executive board introduced a new, privately funded nonprofit, the Fort Worth Economic Development Partnership (FWEDP), as a partnership to boost economic growth in the city. A board of 11 executives will lead the nonprofit, each bringing experience from
September 1, 2023

New space institute planned next to NASA

The Texas A&M University Board of Regents has dedicated $200 million toward constructing a space institute on 32 acres next to the National Aeronautics and Space Administration (NASA) Johnson Space Center in Houston.  The Texas A&M Space Institute will support applied research,
August 25, 2023

City of Austin approves $5.5B budget

The city of Austin approved a $5.5 billion budget that will include city services and capital projects. The total amount includes $1.4 billion for city operations and services along with a capital budget of $1.6 billion.  Capital projects will include a significant
August 18, 2023
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