PRESS RELEASES - JUNE 2007

June 25, 2007

Arlington Tomorrow Foundation to Award Its First $1 Million Check
Check Presentation is 6:30 p.m. Tuesday in Council Chamber

This week, the Arlington Tomorrow Foundation will make its first $1 million investment into the community.

The River Legacy Foundation is the $1 million award recipient for its environmental efforts to preserve and enhance land along the Trinity River.

 Following a reception at City Hall, Arlington Tomorrow Foundation Board members will present the check during a special presentation at 6:30 p.m. Tuesday, June 26, in Council Chamber at 101 W. Abram St.

According to Arlington Tomorrow Foundation Board President Ron Wright, the Arlington Tomorrow Foundation has been incorporated by the State of Texas and granted an official charge to make monetary investments into the Arlington community with funds derived from natural gas revenues on city-owned property. Ninety percent of gas well lease bonus earnings and 50 percent of all royalties earned from the wells will go into a permanent endowment fund. According to the foundation, the interest earnings from the fund will be distributed locally through community grants.

For more information about the Arlington Tomorrow Foundation and upcoming grant opportunities, visit the City of Arlington website at www.arlingtontx.gov, call 817-459-6244 or send an e-mail to Senior Management Analyst Pamela Rambo-Estill at Pamela.Rambo-Estill@arlingtontx.gov.

Special note: Good photo and video opportunity of check presentation.