Good Environmental Practices Increase Value

RECEIVED Wed., June 1, 2005

Dear Editor,
   Michael King did a great job in his article regarding HB 2833 ["The Lege v. Austin," News, May 27]. Good environmental practices increase property values. Property rights are important, but more important are the rights of the community – we, the people – to protect irreplaceable community environmental assets such as the Edwards Aquifer.
   What is under the property is a part of the true market value of a property. Politicians and developers who interfere with the marketplace betray their fear of competition against more competent developers who are operating within the true market value of property over the aquifer and doing quite well.
   Austin is not the only environmentally conscious city in the region. Other cities, such as Sunset Valley, are involved in the Legislature to protect our rights as a city and the environment that makes this area such a desirable place to live and raise children. The more you promote the good things that the rest of us are doing, the more Austin will be encouraged to continue to walk its talk.
Mayor Terry Cowan
City of Sunset Valley
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