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. Branch ______________________________ Speaker of the House I certify that H.R. No. 510 was adopted by the House on February 22, 2011, by a non-record vote. ______________________________ Chief Clerk of the House