March 10, 2015
New property tax bills would stymie appeals from trophy towers
Three new bills up in the Texas legislature this year take aim at a passage in the tax code that counties are saying has sharply increased the number of lawsuits against appraisal districts in the state — and taxpayers are footing a $16.1 million bill to cover the litigation.
Sands Stiefer, the chief appraiser for Harris County, said the city is currently dealing with 5,200 appraisal appeals, including 190 office buildings.
“We’ve got 33 of 34 downtown high-rises in litigation for 2013, and all…
The Denver City Council approved a long-awaited makeover plan for the site of the National Western Stock Show, opening the doors to an $856 million redevelopment.
The Woodlands-based NextDecade LLC is yet to make an official splash, but the liquefied natural gas exporting company has two major Texas projects on the horizon.
The president and chief financial officer of FieldPoint Petroleum Corp. said Tuesday that his company is taking a cautious approach toward spending as oil prices remain depressed.
The New York Power Authority board of trustees has approved a round of low-cost power to support capital projects for HSBC Bank USA Inc. and Wendt Corp.