SENATE RESOLUTION NO. 317
WHEREAS, The Senate of the State of Texas is pleased to
join the Real Estate Councils of Texas in recognizing February
22, 2011, as Commercial Real Estate Development Day in Texas; and
WHEREAS, The organization known as the Real Estate
Councils of Texas was formed in 2008 to serve as an industry
resource and to enhance the role of real estate within the
state's economy; and
WHEREAS, Recognizing a need for statewide representation,
real estate professionals from across Texas have formed a
coalition to educate the public on issues that affect the
industry and to advocate in behalf of the industry; the founding
members are the Real Estate Councils of San Antonio, Austin, and
Dallas, as well as the Greater Fort Worth Real Estate Council,
the Houston Real Estate Council, and Houstonians for Responsible
Growth; the organization represents the state's major markets,
and its mission is to serve as the unified voice of the real
estate development industry of Texas and to establish a statewide
economic footprint; and
WHEREAS, By working together, the members of the Real
Estate Councils of Texas hope to ensure that the public becomes
aware of the significant impact the industry has on the state's
economy; in 2007, the real estate industry provided
approximately $3.8 billion in state tax revenue and generated
more than $270 billion in total economic activity; moreover, it
contributed $76.8 billion in labor income and produced 1.75
million total 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 Senate of the State of Texas, 82nd
Legislature, hereby commend the members of the Real Estate
Councils of Texas for their service to the real estate industry
and contributions to the Texas economy and extend to all those
associated with the organization sincere best wishes for a
memorable and productive Commercial Real Estate Development Day;
and, be it further
RESOLVED, That a copy of this Resolution be prepared for
the Real Estate Councils of Texas as an expression of high regard
from the Texas Senate.
Watson
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President of the Senate
I hereby certify that the
above Resolution was adopted by
the Senate on February 22, 2011.
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Secretary of the Senate
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Member, Texas Senate