Fort Worth city leaders are considering a public improvement district that would pay for amenities on Panther Island as redevelopment in the area along downtown begins.
The Fort Worth City Council tentatively will hold a public hearing Feb. 10 on the proposed district, under which property owners pay an extra assessment for improvements such as water enhancements along the Trinity River, street improvements, lighting and other needs to establish and maintain Panther Island.
Officials from the Tarrant Regional Water District, or TRWD, a major property owner and driver of the flood control project that will open up more than 300 acres for development, have taken the unusual step of agreeing to pay assessments even though it’s tax-exempt…