Personal life
David Wallace attendedPolitical career
In 2001, Wallace was elected to Sugar Land City Council as a Single District Member representing District Four. During the first year of his first term as a member of City Council, Wallace decided to pursue a mayoral campaign against the three-term incumbent mayor Dean A. Hrbacek, also a Republican. Wallace gained support of the Fort Bend County Republican Party Chair Eric Thode and former Sugar Land Mayor Lee Duggan. Wallace defeated Hrbacek in May 2002, winning approximately 55% of the vote. While mayor, Wallace negotiated with2006 congressional election
While Wallace ran unopposed in 2006, a political development was happening at the federal level in Sugar Land. On the night of April 3, 2006, former House Majority Leader Tom DeLay decided to retire from Congress instead of facing a difficult re-election bid (for a twelfth term). On June 9, 2006, he officially resigned from Congress. DeLay had been the focus of an indictment issued in Travis County, Texas stemming from his funding of Republican candidates through such groups as TRMPAC, which funded Texas candidates, and ARMPAC, which funded federal candidates. Republican Party precinct chairs ultimately endorsed Wallace's opponent, Shelley Sekula-Gibbs, to face Democrat Nick Lampson, a former Congressman from Beaumont who moved to Stafford, north of Sugar Land, with the original intent of challenging DeLay before DeLay dropped out. Although Wallace previously indicated that he would continue to run even if Sekula-Gibbs received the party's endorsement, Wallace announced on August 21, 2006 that he would abandon his write-in campaign and that he would endorse Sekula-Gibbs, who won the remainder of Tom DeLay's unexpired term in a special election. Nick Lampson won the general election, despite a strong showing by Sekula-Gibbs and a visit by President George W. Bush and U.S. Senator Kay Bailey Hutchison. Wallace also announced that he would not run for re-election as mayor of Sugar Land.Wallace-Bajjali and personal bankruptcy
Wallace co-founded Wallace Bajjali Development Partners, L.P., a real estate development firm. Wallace was no longer the chief executive officer, as announced on January 7, 2015. On March 24, 2015, David Wallace filed personal Chapter 7 bankruptcy in the U.S. Bankruptcy Court in Houston and, on the same day, Houston Public Media reported that Wallace Bajjali Development Partners had "lost millions of dollars in the 2009 collapse of the BizRadio Ponzi Scheme".Andrew Schneider, "The Rise and Fall of Wallace Bajjali – Part 1: BizRadio Days", aReferences
* {{DEFAULTSORT:Wallace, David G. Year of birth missing (living people) Living people People from Sugar Land, Texas Mayors of places in Texas Union College (New York) alumni Place of birth missing (living people) University of North Texas alumni Texas Republicans