Chapter 312 Abatement Reports

Abatement Basic Information

CAD Name: Tarrant CAD
Lead Taxing Unit: Fort Worth City
Reinvestment Zone Name: City of Fort Worth Reinvestment Zone No. 98
Abatement Status: Active
Property Owner Name(s): Ben E Keith
Employment Created: N

Property Information

Property Type: Both
Business Activity: Expanding/Modernizing
Business Type: Industrial/Commercial
Business Size: Large (500+)
Physical Structure: New
New Construction: Y
Current Facility Renovation/Remodeling: N
Current Facility Retooling/Upgrading: N
Furniture/Fixture Purchase: N
New Machinery/Equipment Purchase: N

New Abatement Execution, Effective, and Expiration Dates

Abatement Execution Date: 2019-04-18
Abatement Effective Date: 2023-01-01
Abatement Expiration Date: 2029-12-31
Base Value: $0

Abatement Percent/Year Information

Taxing Unit Name: Fort Worth City
Taxing Unit Type: Lead Taxing unit
Property Type: All Property
Property Account: 07345925

Percent of Value Abated:

• Year 1: 50%
• Year 2: 50%
• Year 3: 50%
• Year 4: 50%
• Year 5: 50%
• Year 6: 50%
• Year 7: 50%
• Year 8: 0%
• Year 9: 0%
• Year 10: 0%

Taxing Unit Name: Tarrant County
Taxing Unit Type: Participating Taxing Unit
Property Type: All Property
Property Account: 07345925

Percent of Value Abated:

• Year 1: 50%
• Year 2: 50%
• Year 3: 50%
• Year 4: 50%
• Year 5: 50%
• Year 6: 50%
• Year 7: 50%
• Year 8: 0%
• Year 9: 0%
• Year 10: 0%

Property Owner Information

Property Owner Name: Ben E Keith
Property Account: 07345925
NAICS: 424490
Taxpayer ID: 0
Length of Abatement Term: 7

Additional Incentives Offered

Other Tax Incentives: N
Grants: N
Loans: N
Job Training Assistance: N
No Incentive Offered: Y
Total Value of Incentives: No Response
Clawbacks: No Response

Modified Abatement Report

Executed Modification Date: Not Applicable
Effective Modification Date: Not Applicable
Reason for Modification: Not Applicable

Canceled Abatement Report

Executed Cancellation Date: Not Applicable
Effective Cancellation Date: Not Applicable
Reason for Cancellation: Not Applicable
Dollar Amount Given to Business: Not Applicable
ISD Name: Not Applicable
Taxing Unit Recapture: Not Applicable