Powers Always Knew About the 12% Interest Approved on the Gateway TIF Contract

A few months ago it was revealed that the City of Forney has accumulated a $44,248,226.98 debt to Petro-Hunt developers for infrastructure improvements associated with the Gateway development project.

Since that time, many Forney residents have asked for more information about which council members were responsible for approving the Tax Incentive Finance Agreement reached between the City of Forney and Petro-Hunt land developers.

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