82R7699 MGR-D By: Strama H.R. No. 420 R E S O L U T I O N WHEREAS, The Texas Economic Development Council is observing the 50th anniversary of its creation in 2011; and WHEREAS, Originally known as the Texas Industrial Development Council, the organization was founded in 1961 by a group of individuals representing railroads, banks, utility companies, chambers of commerce, and civic associations from all across the state; preliminary meetings were held in Dallas, Abilene, and Austin, and the first general membership meeting took place in College Station, where the council's central administrative office would be located at Texas A&M University for nearly three decades; and WHEREAS, The council was a driving force behind the institution of the economic development sales tax in 1989 and has supported the Texas Enterprise Fund, the Texas Emerging Technology Fund, the Texas Economic Development Act, and the Skills Development Fund; in 1991, the organization relocated to Austin, and three years later the group adopted its present name; today, the nearly 900 members of TEDC continue to work on issues of great importance to the state, including investment, education, and workforce development; and WHEREAS, For half a century, TEDC has played an instrumental role in spurring economic growth in the Lone Star State, and the benefits of its accomplishments will positively affect Texans long into the future; now, therefore, be it RESOLVED, That the House of Representatives of the 82nd Texas Legislature hereby commemorate the 50th anniversary of the founding of the Texas Economic Development Council and extend to its members sincere best wishes for continued success; and, be it further RESOLVED, That an official copy of this resolution be prepared for TEDC as an expression of high regard by the Texas House of Representatives.