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RTC REGION 6 ADVISORY BOARD TO HOLD OPEN MEETING

 RTC REGION 6 ADVISORY BOARD TO HOLD OPEN MEETING
 The sale by the Resolution Trust Corporation (RTC) of real estate


from failed S&Ls is among topics to be discussed when the RTC's Region 6 Advisory Board meets from 9 a.m.-12:30 p.m., Tuesday, Feb. 25, in Tucson, Ariz.
 Among those scheduled to address the advisory group is Federal Reserve Bank economist Brian Cromwell. The meeting also will include discussions of an RTC program aimed at providing affordable housing for low- and moderate-income families.
 The meeting will be held in the Coconino Room of the Tucson Convention Center, 260 South Church St., Tuscon. Time will be available for members of the public to address the board concerning the RTC's sale of real estate.
 The Financial Institutions Reform, Recovery and Enforcement Act of 1989 required the establishment of six regional boards to advise the RTC on policies and programs for the disposal of real estate acquired from insolvent S&Ls. The five-member boards meet four times yearly at various sites in their respective regions.
 Region 6 represents the states of Arizona, California, Hawaii, Nevada and Utah.
 Members of the Region 6 Advisory Board are: James Simmons of Phoenix, chairman; Sydney Fonnesbeck of Salt Lake City; Lilly Lee of Los Angeles; David Lund of Los Angeles, and Gordon Parker of Phoenix.
 CONTACT: Bonnie M. Limbach of the Oversight Board, Resolution Trust Corporation, 202-786-9672.
 -0- 2/12/92


CO: Oversight Board, Resolution Trust Corporation ST: Arizona IN: SU:

SB-MK -- DC035 -- 9431 02/12/92 17:06 EST
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Publication:PR Newswire
Date:Feb 12, 1992
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