(CD 5) Deny the Request by Fort Worth Leased Housing Associates III, LP to the City of Fort Worth for a 50% Property Tax Exemption Pursuant to Section 11.1825 of the Texas Tax Code for an Affordable Housing Development Known as Cobblestone Manor, Located at 8201 Sartain Drive, Fort Worth, TX 76120 and Determine the City Cannot Afford the Loss of Ad Valorem Tax Revenue that would Result from Approving the Exemption (Continued from a Previous Meeting)

Staff Report & Agenda Item Details

Council Member Peoples made a motion, seconded by Council Member Hall, that the 50% property tax exemption described in M&C 25-1124 be approved as amended. Motion passed 11-0.

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 8.4/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.