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R E S O L U T I O N
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WHEREAS, For the fourth consecutive year, the City of |
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Richardson has earned a coveted AAA bond rating from the Standard & |
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Poor's and Moody's credit rating agencies; and |
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WHEREAS, Richardson is one of only five communities in Texas |
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to hold "Triple A" ratings from both agencies; when assigning the |
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rating, both S&P and Moody's praised the city's participation in the |
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Dallas-Fort Worth Metroplex economy, its tenured and responsive |
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city management, and its strong financial policies and practices; |
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and |
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WHEREAS, Internationally known as a center for high-tech |
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innovation, Richardson is home to more than 5,000 businesses, |
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including a number of the world's largest telecommunications |
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companies; this sizable tax base also significantly contributes to |
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the city's success; and |
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WHEREAS, The leaders of Richardson are dedicated to ensuring |
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the long-term fiscal resilience of their community, and their |
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outstanding oversight and guidance today will continue to benefit |
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residents well into the future; now, therefore, be it |
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RESOLVED, That the House of Representatives of the 83rd Texas |
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Legislature hereby congratulate the City of Richardson on receiving |
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an AAA rating from the Standard & Poor's and Moody's credit rating |
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agencies and extend to the city's staff and elected officials |
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sincere best wishes for continued success. |