HOUSE CONCURRENT RESOLUTION NO. 98

(By Delegates McCuskey, Ashley and Gearheart)

Requesting the Division of Highways to rename the road from the entrance of the Summit Bechtel Family National Scout Reserve to Route 61, known as Mill Road or Garden Ground Mountain Road, as "Jack Furst Drive" to match the name of the road through the Summit Bechtel Family National Scout Reserve.

            Whereas, Mr. Furst developed an interest in the Cub Scout and Boy Scout programs during his youth and, as an adult, became an Eagle Scout; and

            Whereas, Mr. Furst serves as an officer and executive board member of Circle Ten Council of the Boy Scouts of America in Dallas, Texas; as an executive board member of Longhorn Council of the Boy Scouts of America in Fort Worth, Texas; and as an officer and executive board member of the National Council of the Boy Scouts of America; and

            Whereas, Mr. Furst is the head volunteer that oversees all of the national council's high adventure programs that serve over 50,000 scouts a year; and

            Whereas, Mr. Furst serves as a team leader for developing and programming the Summit Bechtel Family National Scout Reserve near Mount Hope, West Virginia, the home of the National Scout Jamboree; and

            Whereas, As an adult, Mr. Furst's scouting activity honors include the Silver Beaver Award, the Silver Antelope Award, the Silver Buffalo Award and The Order of the Arrow's Vigil Honor Award; and

            Whereas, In 2007, Mr. Furst had the privilege to serve as head of the United States Contingent at the World Jamboree in Chelmsford, England, where 4,500 scouts from America attended. He is 21st Century Wood Badge trained, has staffed several Wood Badge courses held at Philmont and the Florida Sea Base and has been a course director; and

            Whereas, Mr. Furst is a distinguished private equity investor. He manages his own capital, making investments in real estate, oil and gas, fixed income securities and public and private equities. He has over twenty-five years of private investment experience, completing over $50 billion in transactions which resulted in attractive returns for investors; and

            Whereas, Mr. Furst was a founding partner in HM Capital Partners, established in 1989, specializing in private investments of companies primarily serving the energy, financial services, food, manufacturing and media sectors of the economy. Prior to founding HM Capital, Mr. Furst was a partner at Hicks & Haas Incorporated, a private investment firm from 1987 to 1989. From 1984 to 1986, he was a merger and acquisition/corporate finance specialist for The First Boston Corporation in New York. Before joining First Boston, Mr. Furst was a financial consultant at Price Waterhouse in Phoenix, Arizona; and

            Whereas, Mr. Furst received his B. S. degree with honors from the College of Business Administration at Arizona State University and his M. B. A. degree with honors from the Graduate School of Business at the University of Texas at Austin; and

            Whereas, Mr. Furst serves as a member of the University of Texas at Austin McComb's School of Business Advisory Council and is a founding Advisory Council member of the MBA Investment Fund. Mr. Furst is also an Adjunct Professor at the University of North Texas, the "Harvard of the Southwest", where he teaches finance and investments; and

            Whereas, Mr. Furst is a founding family and board member of Cross Timbers Community Church in Argyle, Texas, is an advisory board member of Christian Community Action in Lewisville, Texas, and serves as a trustee and board member of the National Safety Council in Chicago; and

            Whereas, Mr. Furst is a 1998 Henry Crown Fellow, a fellowship of leaders that is administered by the Aspen Institute. He was inducted into W. P. Carey School of Business Hall of Fame at Arizona State University in 1999. In 2003, Mr. Furst received the Outstanding Young Texas Ex Award and in 2008 he received the W. P. Carey School of Business Distinguished Alumni Achievement Award. Mr. Furst also serves on the boards of directors of several companies; and

            Whereas, Mr. Furst and his wife Debra have two children, Jackson and Jordan, and they reside at their ranch in Argyle, Texas; and

            Whereas, It is fitting to commend Jack D. Furst's long-term passion, commitment and dedication to the Boy Scouts program and the Summit Bechtel Family National Scout Reserve near Mount Hope, West Virginia; therefore, be it

            Resolved by the Legislature of West Virginia:

            That the Division of Highways is hereby requested to rename the road from the entrance of the Summit Bechtel Family National Scout Reserve to Route 61, known as Mill Road or Garden Ground Mountain Road, as"Jack Furst Drive" to match the name of the road through the Summit Bechtel Family National Scout Reserve; and, be it

            Further Resolved, That the Division of Highways is hereby requested to have made and be placed signs at both ends of the road identifying it as "Jack Furst Drive"; and, be it

            Further Resolved, That the Clerk of the House of Delegates forward a certified copy of this resolution to the Commissioner of the Division of Highways, the Boy Scouts of America and Jack D. Furst.