Bill Text: TX SR672 | 2015-2016 | 84th Legislature | Enrolled
Bill Title: Recognizing Nathan C. Hallett on the occasion of his retirement.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Passed) 2015-04-30 - Reported enrolled [SR672 Detail]
Download: Texas-2015-SR672-Enrolled.html
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| WHEREAS, The Senate of the State of Texas is pleased to | ||
| recognize Nathan C. Hallett, who is retiring April 30, 2015, as | ||
| treasurer of Dallas Area Rapid Transit after 15 years of | ||
| outstanding service; and | ||
| WHEREAS, Mr. Hallett has throughout his career been noted | ||
| for his expertise in the field of finance and his extraordinary | ||
| vision and foresight; and | ||
| WHEREAS, He has negotiated terms for $3.4 million in | ||
| long-term bonds and $200 million in short-term notes, and he has | ||
| managed these instruments with a strong sense of fiscal | ||
| responsibility; he also negotiated four tax-advantaged lease | ||
| transactions that have generated approximately $20 million in | ||
| cash for the agency; and | ||
| WHEREAS, Mr. Hallett has expertly managed the agency's | ||
| fuel and electricity hedge programs; he has been a member of the | ||
| agency's Retirement Committee and also served as chair of its | ||
| Investment Committee; and | ||
| WHEREAS, An exemplary administrator and public servant, he | ||
| is respected and admired by his colleagues, and his presence at | ||
| Dallas Area Rapid Transit will be greatly missed; now, therefore, | ||
| be it | ||
| RESOLVED, That the Senate of the State of Texas, 84th | ||
| Legislature, hereby commend Nathan C. Hallett on his exceptional | ||
| service to the people of Dallas as treasurer of Dallas Area Rapid | ||
| Transit and extend to him best wishes for continued success in | ||
| all his endeavors; and, be it further | ||
| RESOLVED, That a copy of this Resolution be prepared for | ||
| him as an expression of esteem from the Texas Senate. | ||
| West | ||
| ________________________________ | ||
| President of the Senate | ||
| I hereby certify that the | ||
| above Resolution was adopted by | ||
| the Senate on April 30, 2015. | ||
| ________________________________ | ||
| Secretary of the Senate | ||
| ________________________________ | ||
| Member, Texas Senate | ||
