82R8862 JGH-F
By: Branch H.R. No. 510
R E S O L U T I O N
WHEREAS, Members of the Real Estate Councils of Texas are
gathering in Austin on February 22, 2011, to celebrate Commercial
Real Estate Development Day at the State Capitol; and
WHEREAS, A statewide coalition of real estate professionals,
RECsTX was founded in September 2008 to educate the public on issues
affecting the real estate industry and to advocate on the
industry's behalf; founding members include the Real Estate
Councils of San Antonio, Austin, Dallas, Greater Fort Worth, and
Houston, as well as Houstonians for Responsible Growth; and
WHEREAS, The mission of RECsTX is to serve as the unified
voice of the real estate development industry in Texas and to
enhance the role of real estate within the state's economy; members
of the organization also hope to raise public awareness about the
significant economic impact of the real estate industry on Texas;
in 2007, the industry provided approximately $3.8 billion in state
tax revenue and generated more than $270 billion in total economic
activity; furthermore, it contributed $76.8 billion in labor income
and produced 1.75 million jobs; and
WHEREAS, The well-being of Texas residents depends on
economic prosperity throughout the state, and professional
organizations like the Real Estate Councils of Texas are working to
keep Texas moving forward on its path to a bright future; now,
therefore, be it
RESOLVED, That the House of Representatives of the 82nd Texas
Legislature hereby recognize February 22, 2011, as Commercial Real
Estate Development Day at the State Capitol and extend to the Real
Estate Councils of Texas sincere best wishes for continued success;
and, be it further
RESOLVED, That an official copy of this resolution be
prepared for the Real Estate Councils of Texas as an expression of
high regard by the Texas House of Representatives.