Argyle Town Council approved an agreement with the developer and property owner of the Heritage commercial development on I-35W to receive a reimbursement of a portion of the general fund sales tax collected within the development at the Oct. 20 meeting. 

What’s happening? The agreement is with Heritage property owner and developer for the site, DF Denton Fund 28 LTD, an affiliate of R.Y. Properties, Town Manager Mike Sims said. 

The developer will receive half of the town’s 1% general fund sales tax collected within the development up to $20 million, according to town documents. This is to help the developer get back a portion of the funds they will pay for public infrastructure, Sims said. The public infrastructure cost is expected to be $25 million, per town documents.

The overview: Work Simple, a coworking space, is coming soon to Flower Mound, according to a filing with the Texas Department of Licensing and Regulation. 

Zoom in: It will offer private meeting rooms as well as high-speed wifi, on-site parking and break out rooms, according to its website. Construction on Work Simple is expected to begin in December and wrap up in February 2026. The 8,294 square-foot renovation is anticipated to cost $800,000.

• 1001 Cross Timbers Road, Floor 2, Ste. 2300 Flower Mound

Need something to do this weekend? Here is a list of five events happening in and around the Dallas-Fort Worth area Oct. 31-Nov. 2. This list is not comprehensive.

1. Red Zeppelin’s Halloween Party in McKinney: The Groovy Coop in downtown McKinney is hosting a Halloween-themed dance party and costume contest. Individuals of all ages are welcome to attend.

• Oct. 31, 7-10 p.m.
• Free (admission)
• 109 S. Tennessee St, McKinney

• Oct. 31, 5-7 p.m.
• Free (admission)
• 317 W. Mulberry St., Denton

Huntington Bancshares announced in October that it would acquire Cadence Bank, which has several locations throughout Austin, Dallas and Houston. 

What you need to know: Huntington Bancshares shared an Oct. 27 news release stating that it would acquire Cadence Bank, which has 390 locations throughout the southern U.S. 

The release states that with the acquisition, Huntington will not close any existing Cadence Bank branches. 

Texas homeowners could see larger property tax breaks on this year’s bills if voters approve two state propositions on the Nov. 4 ballot.

The details: Proposition 13 would raise the property tax exemption on a Texas homeowner’s main residence, known as a homestead exemption, from $100,000 to $140,000. Proposition 11 would give homeowners who are over 65 years old or have a disability a $200,000 exemption.

The exemptions would apply only to taxes charged by public schools.

The impact: Sen. Paul Bettencourt, the Houston Republican who authored the legislation, estimated in June that the average Texas homeowner would see about $484 in annual savings if the tax cuts are approved by voters, with roughly $950 in savings for seniors and people with disabilities. These estimates do not account for potential tax rate increases by local governments.

If voters approve the two ballot measures, the cuts will take effect for the current tax year and appear on homeowners’ upcoming tax bills, according to the Texas House Research Organization.