HomeMy WebLinkAbout2000/01/14-Minutes-HEDC City of Fort Worth
City Council
Economic Development Committee
Highlights of the Meeting Held
Friday,January 14,2000
Committee Members Present: Jeff Wentworth, Becky Haskin, and Frank Moss
Other Council Members and Staff Present: Mike Groomer, Tom Higgins, David Yett, and Ardina
Washington
1. Call to Order: The meeting was called to order by Chairman Wentworth at 10:48 a.m.
2. Mattel Tax Abatement Application: Tom Higgins, Economic Development Director, presented
information from the Meacham 191 Railway and Mattel, Inc. tax abatement application. A copy of the
presentation is attached. After a lengthy discussion of the details of the abatement structure and of the
benefits of retaining Mattel in Fort Worth, Chairman Wentworth and the Committee directed the staff to
revise the presentation to include the total amount of additional taxes that will be received from Mattel and
then present the abatement request to the entire Council. Chairman Wentworth asked that the record reflect
two committee members (Wentworth and Moss) were comfortable with tax abatement request and one
committee member(Haskin)was not comfortable with the request.
3. Adjourn: The meeting was adjourned by Chairman Wentworth at 11:58 a.m.
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Approved By:
-Jeff Wentworth, Chairman