FM PROPERTIES INC. ANNOUNCES CREATION OF WATER QUALITY PROTECTION ZONE FOR BARTON CREEK DEVELOPMENT NEAR AUSTIN, TEXAS.NEW ORLEANS--(BUSINESS WIRE)--Dec. 8, 1995--FM Properties Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :FMPO) today announced the designation of a Water Quality Protection Zone for its Barton Creek Barton Creek is one of the tributaries that feeds the Texas Colorado River from the Texas Hill Country. The creek passes through some of the more scenic areas in the Austin region and forms a greenbelt that is the habitat for many indigenous species of flora and fauna. real estate development near Austin, Texas, by the Texas Natural Resource Conservation Commission (TNRCC TNRCC Texas Natural Resource Conservation Commission ) and the TNRCC's approval of FMPO's water quality plan. This approval enables the development of the Barton Creek project to proceed with specified development requirements designed to protect the water quality in Barton Creek. Richard C. Adkerson, Chairman of the Board and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. said, "We are pleased that our Barton Creek project has been granted the first Water Quality Protection Zone under the new state law. We will work cooperatively with the TNRCC to ensure that our development proceeds in an environmentally responsible way in accordance with the laws of the State of Texas. The Water Quality Protection Zone designation and the TRNRCC's approval of our water quality plan provide our company regulatory certainty which is essential to the future commercial success of our project. It is a major milestone for the Barton Creek project and our company." FMPO is engaged in the development and marketing of real estate in the Austin, Dallas, Houston and San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation). San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S. areas. CONTACT: FM Properties Inc., New Orleans Craig E. Saporito, 504/582-4476 Chris D. Sammons, 504/582-4474 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion