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One of the key arguments made by the Walsh Ranch Development Team and by ERA is that developing the project, as a master-planned community will create real value in excess of inflation for the project over time. This fiscal impact model represents today's dollars and does not reflect this appreciation. Walsh Ranch will consistently show a net positive economic benefit to the City of Fort Worth. In year 10, for example, the benefit is estimated to be $4.6 million for that year. At project stabilization it is estimated that Walsh Ranch will generate $21.6 million to the City of Fort Worth for that year and each year thereafter. An additional benefit to the City would be any
ad valorem taxes derived from the Barnett Shale mineral rights, which
have not been included
in the snapshot fiscal impact model. Conceptual Phaze I
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