DALLAS -- Fort Worth officials plan to meet today to decide whether to sue the parties to a 1985 bond issue by the city's Trinity Housing Finance Corp. that the Internal Revenue Service says is no longer tax-exempt.

Judson Bailiff, the city's director of finance, said that litigation may be the only way the nonprofit agency can raise funds to settle with the IRS, which is demanding payment for arbitrage profits on the $27 million Overton Ridge Square multi-family housing deal.

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