Annual Awards Luncheon Recognizes Outstanding Leadership and Performance in Community Development.Business Editors LOS ANGELES--(BUSINESS WIRE)--Oct. 21, 2002 The California Economic Development Lending Initiative (CEDLI CEDLI California Economic Development Lending Initiative ), a statewide, multi-bank community development corporation, today announced the recipients of their Fifth Annual Awards for Excellence in Community Economic Development. The awards will be presented at a ceremony on Oct. 21, 2002 at the Omni Hotel in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , and is in partnership with CARAT--California Resources and Training, and co-sponsored by Wells Fargo. A nonprofit organization Nonprofit Organization An association that is given tax-free status. Donations to a non-profit organization are often tax deductible as well. Notes: Examples of non-profit organizations are charities, hospitals and schools. , CARAT is a statewide economic development initiative designed to enhance community economic development in California. CARAT provides capacity building services and resource development for business assistance providers in California. George E. Williamson, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CEDLI, will be recognized by the Los Angeles District Office of the U.S. Small Business Administration with the Lifetime Achievement Award. Alberto G. Alvarado, district director of the U.S. Small Business Administration in Los Angeles, will present the award. "Mr. Williamson has been instrumental in providing outstanding leadership and entrepreneurial support to the growth of small businesses in California. We're very pleased to recognize his commitment to economic development in the community," Alvarado said. Three other award categories will honor recipients for their contributions to community economic development: for Outstanding Performance in Community Development Lending -- Wells Fargo Bank, Comerica Bank-California, Community Bank, and CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation Small Business Finance; for Outstanding Performance in Community Economic Development and Revitalization -- Alston Tascom, Inc., Fresno Interdenominational in·ter·de·nom·i·na·tion·al adj. Of or involving different religious denominations. interdenominational Adjective among or involving more than one denomination of the Christian Church Adj. Refugee Ministries, and SAFE-BIDCO; and for Outstanding Leadership and Innovation in Community Economic Development -- William Hanna, president of Cedars Bank. Contributors to this year's awards luncheon are Cal Fed Bank, Comerica Bank-California, Union Bank of California Union Bank of California is one of the 30 largest commercial banks in the United States. It has 327 branches, the majority of which are in San Diego, Los Angeles and Orange Counties. , Washington Mutual, Bank of the West, California Statewide Certified Development Corp., City National Bank, TMC TMC Technology Marketing Corporation (Norwalk, Connecticut) TMC Texas Medical Center (Houston, TX) TMC Traffic Message Channel TMC The Movie Channel TMC Traffic Management Center Development, California Commerce Bank, and Community Bank. Community contributors are Business Resource Group, California Coastal Rural Development Corp., CDC Small Business Finance Corp., Community Financial Resource Center, Long Beach Area Certified Development Corp., and San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. Development Corp. Started in Oakland, Calif., CEDLI was established in July 1995 to offer loans to small business and community development organizations throughout California. In 1999 CEDLI established a Southern California division with offices in Los Angeles and in 2001 opened an office in Chico, Calif., to service the rural communities of California. This statewide, community development corporation includes investors from many of California's financial institutions, insurance companies and corporations. For more information on this annual event, contact George Williamson at 510/267-8997. |
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