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SENATE RESOLUTION NO. 898
WHEREAS, The Brazos Higher Education Authority,
Incorporated, is celebrating its 30th anniversary on May 16, 2005;
and
WHEREAS, Established three decades ago in Waco, the
organization began with the goal of helping area residents obtain
affordable student loans; since that time, the Brazos Higher
Education Authority has become the largest not-for-profit holder
of Federal Family Education Loan Program loans in the country and
is ranked sixth nationwide among all Federal Family Education
Loan Program loan holders; and
WHEREAS, In 1980, the Brazos Higher Education Service
Corporation, Inc., was established by Murray Watson, Jr., to
support the education-financing efforts of the authority; in
October of that same year, the authority issued its first bond
issue debt in the amount of $6 million; and
WHEREAS, Today, Brazos is also committed to supporting the
communities it serves in other ways; affirming the philosophy
that "youth are our future leaders," the Brazos Group of
companies has contributed to more than 40 charitable projects
focused on children and educational opportunities and donated
scholarship money to a number of institutions of higher
education; and
WHEREAS, For 30 years, the Brazos Higher Education
Authority has enabled countless young people to successfully
pursue their dreams of a brighter future, and for its efforts,
the organization is truly deserving of special praise; now,
therefore, be it
RESOLVED, That the Senate of the State of Texas,
79th Legislature, hereby honor the Brazos Higher Education
Authority, Incorporated, on its 30th anniversary and extend
sincere best wishes for continued success to all those associated
with this notable organization; and, be it further
RESOLVED, That an official copy of this resolution be
prepared for the Brazos Higher Education Authority as an
expression of high regard from the Texas Senate.
Averitt
________________________________
President of the Senate
I hereby certify that the
above Resolution was adopted by
the Senate on May 16, 2005.
________________________________
Secretary of the Senate
________________________________
Member, Texas Senate