Quantcast
  Free Report!
  5 Secrets to Successful Stock Investing   
 


Win Over $12,000
in Cash Prizes Predicting the Direction of a Stock!


Stocks

Trading Ideas

Short Term
Long Term
All Trading Ideas


Trading Lessons

Strategies
Courses
Interviews
Glossary
All Trading Lessons


Daily Stock Setups

Connors Daily Battle Plan
Haggerty Professional
Kaltbaum Intra-day Set-ups
Short Term PowerRatings
Long Term PowerRatings
TM Indicators


Trading News

Markets Updates
Technical Alerts
Breaking News


PowerRatings

Short Term
Long Term
Charts


Indicators

Stocks
Market Bias


Quotes

Markets
Stocks
Charts
Level II
Historical Data
Options


Trading Contests

Up or Down


 
Arlington wants vacant buildings registered inspections
Saturday, May 10, 2008; Posted: 12:13 PM
ARLINGTON, May 10, 2008 (Fort Worth Star-Telegram - McClatchy-Tribune Information Services via COMTEX) -- -- A squat cinderblock building has sat vacant on a dead-end street near the south Arlington Target store since at least 1994.

Free Report!
Five Secrets of Short Term Stock Trading Success
 
 
 

The crumbling building, a former concrete-making business, is fenced off but still attracts homeless people and bored juveniles. In December, Arlington firefighters put out a small fire a homeless man had set inside to stay warm. In March, kids set another fire that caused a butane tank inside to explode, leaving jagged cracks in the concrete walls.

"It's an eyesore," said Marvin Espinoza, who owns an aircraft parts manufacturing business across the street. "It needs to be torn down."

Arlington plans to become the first city in Texas to implement a registration and annual inspection program for buildings that have been vacant a year or longer, Community Services Director Lee Hitchcock said. The initiative is designed to prevent unoccupied structures from becoming a blight in neighborhoods and to encourage the owners to rehabilitate, sell, lease or demolish their vacant homes and commercial buildings.

"Chronically vacant structures do degrade neighborhood integrity and afford increased opportunities for criminal activity," Hitchcock said. "We feel we need to come up with a systematic and sustainable program that will address this head-on."

The vacant cinderblock building on Knight Street is one of an estimated 2,000 vacant buildings, mostly houses, in Arlington, city officials said. While most vacant properties are concentrated in older, central Arlington neighborhoods, they can be found across the city.

The Arlington City Council, which heard an overview of the proposed program Tuesday, directed the staff to draft an ordinance. The council could vote on the proposal as soon as next month and, if approved, the program could begin Oct. 1 after a three-month educational period, Hitchcock said.

Residents and property owners can comment during a public hearing before a vote is taken on the ordinance.

Proposed program

Those affected: Owners of buildings without an active water account for at least six months would register their property with the city as vacant, at no cost. Then police and code enforcement officers would closely monitor the properties for signs of vandalism, trespassing or neglect, Hitchcock said.

Fees: Property owners with buildings unoccupied for a year or longer would pay the city a fee for inspections. Properties vacant less than two years would be inspected once every three months. Those vacant between two and four years would be inspected every two months and those vacant four years or longer would be inspected monthly, according to documents given to the City Council.

Arlington's proposed annual inspection fees range from at least $250 for a building left vacant at least one year, to more than $1,000 for those left vacant five years or longer, city documents show. The fees are designed to make the inspection program self-sustaining.

To see more of the Fort Worth Star-Telegram, or to subscribe to the newspaper, go to http://www.dfw.com. Copyright (c) 2008, Fort Worth Star-Telegram, Texas Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.

Morning Coffee with TradingMarkets -- Free Newsletter


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Stocks RSS Submit to del.icio.us Submit to Digg it



Most Popular


  As of ET
  Updates every 2 hrs

NameSymbolPR
Western Refining Inc    WNR8
Renal Care Group Inc    RCI8
Rait Financial Trust    RAS8
Penn Va Resource Partners Lp    PVR8
Netflix Inc    NFLX8
More Top Rated Stocks >>
Free Trial
Short Term   Long Term   PowerRatings Charts
PREMIER SPONSORED LINKS
TRADE CENTER
 
 
 

The TradingMarkets Directory
Stocks
Quotes
Charts
How to Trade
Commentary and Analysis
PowerRatings
Training Classes
Tools
Stock Scanner
Daily Market Bias

Options
Quotes
Charts
How to Trade
Commentary and Analysis

Forex
How to Trade
Forex Momentum Index
Pivots

E-mini/Futures
Quotes
Charts
How to Trade
Daily Market Bias

How to Trade
Stocks
Options
Forex
E-mini/Futures
Glossary

Tools
Short Term PowerRatings
Long Term PowerRatings
Stock Screener
Quotes & Charts
Stock Indicators
Market bias Indicators

PowerRatings
Short Term PowerRatings
Long Term PowerRatings
Industry PowerRatings
PowerRatings Charts
Training Classes
PowerRatings Strategies
Search PowerRatings

Trading Contests
Up or Down Stock Contest
#1 - Win $1000 every month

Up or Down Forex Contest -
Win $1000 every month


Premium Subscription Services
Short Term PowerRatings Free Trial
Long Term PowerRatings Free Trial
TradingMarkets Subscription Free Trial
Daily Battle Plan Free Trial
Gary Kaltbaum - Intraday Breaking Alerts Free Trial
Kevin Haggerty Professional Trading Service Free Trial
Forex Force with Mark Whistler Free Trial

RELATED SITES
Nothing but forex





All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2008 The Connors Group, Inc.