Oct. 19, 2006, 11:42AM
Newest group also has the most money
By BETTY L. MARTIN
Copyright 2006 Houston Chronicle
As the Katy community moves closer to the Nov. 7 election, a second political action committee supporting the Katy school district’s $269.5 million bond package has emerged in what is becoming a war of PACs.
Another organization is opposed to the package.
Of the three bond-initiative-related PACs in Katy, the newest, Partners for Progress, has raised $62,955, the most money so far of the three.
The total includes $65,040 in contributions after deducting $2,085 in expenses paid to a helicopter company, according to a campaign report filed in late September, 30 days before the election in accordance with state law, by treasurer Ann Hodge, the Katy Area Chamber of Commerce’s chief executive officer.
The Partners for Progress PAC’s largest contributions are from area developers — $50,000 from Newland Communities and $15,000 from Trendmaker Homes — companies that favor passage of the bond.
“Developers have a huge vested interest in the market, and that’s where all this has come from,” said Stan Stanley, owner of Stanley Signature Signs, the PAC’s founder. …more…



