TITLE: Recognizing the Texas Economic Development Council on the occasion of its 50th anniversary.

SUMMARY: Recognizing the Texas Economic Development Council on the occasion of its 50th anniversary.

FULL TEXT:
WHEREAS, The Senate of the State of Texas is pleased to recognize the Texas Economic Development Council, also known as the TEDC, on the occasion of its 50th year of service; and WHEREAS, The Texas Economic Development Council, originally known as the Texas Industrial Development Council, was founded in 1961 as an organization of professionals interested in the economic development of Texas; and WHEREAS, The council was first housed at the Industrial Economics Research Office at Texas A&M University and remained in College Station until April of 1991, when it was moved to Austin; and WHEREAS, The council was instrumental in the creation of the economic development sales tax in 1989 and has supported other critical economic development programs such as the Texas Enterprise Fund, the Texas Emerging Technology Fund, the Texas Economic Development Act, and the Skills Development Fund; and WHEREAS, The Texas Economic Development Council's 800 members are from every corner of the state and work tirelessly to bring jobs and investment to Texas; now, therefore, be it RESOLVED, That the Senate of the State of Texas, 82nd Legislature, hereby honor the Texas Economic Development Council for its support of economic development efforts at the state and local level and congratulate the council as it celebrates its 50th year in 2011; and, be it further RESOLVED, That a copy of this Resolution be prepared for the council as an expression of esteem from the Texas Senate. Jackson President of the Senate I hereby certify that the above Resolution was adopted by the Senate on February 9, 2011.