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Withdrawal/Redaction Sheet
Clinton Library
DOCUMENT NO.
SUBJECT/TTTLE
DATE
RESTRICTION
AND TYPE
001. email
To Mickey Ibarra (1 page)
06/25/1999
P5
002. list
Roundtable Recommendations; RE: phone number [partial] (I page)
06/29/1999
P6/b(6)
COLLECTION:
Clinton Presidential Records
Policy Development
Lisa Green
OA/Box Number: 20590
FOLDER TITLE:
Phoenix AZ [Arizona] [1]
2012-0043-S
ms253
RESTRICTION CODES
Presidential Records Act - 144 U.S.C. 2204(a)]
Freedom of Information Act - 15 U.S.C. 552(b)]
PI National Security Classified Information |(a)(1) of the PRA]
b(1) National security classified information [(b)(1) of the FOIA]
P2 Relating to the appointment to Federal office [(a)(2) of the PRAJ
b(2) Release would disclose internal personnel rules and practices of
P3 Release would violate a Federal statute |(a)(3) of the PRA]
an agency [(b)(2) of the FOIA]
P4 Release would disclose trade secrets or confidential commercial or
h(3) Release would violate a Federal statute [(b)(3) of the FOIA]
financial information [(a)(4) of the PRA]
b(4) Release would disclose trade secrets or confidential or financial
P5 Release would disclose confidential advice between the President
information [(b)(4) of the FOIA]
and his advisors, or between such advisors [a)(5) of the PRA]
b(6) Release would constitute a clearly unwarranted invasion of
P6 Release would constitute a clearly unwarranted invasion of
personal privacy |(b)(6) of the FOIA]
personal privacy [(a)(6) of the PRA]
b(7) Release would disclose information compiled for law enforcement
purposes [(b)(7) of the FOIA]
C. Closed in accordance with restrictions contained in donor's deed
b(8) Release would disclose information concerning the regulation of
of gift.
financial institutions |(b)(8) of the FOIA]
PRM. Personal record misfile defined in accordance with 44 U.S.C.
b(9) Release would disclose geological or geophysical information
2201(3).
concerning wells [(b)(9) of the FOIA]
RR. Document will be reviewed upon request.
HEOF PARTNERS
Enron
Just as Enron has used its innovation to become
a leader in the global energy market, Enron is
interested in developing innovative partnerships
that strengthen the communities where it does
business. As the lead sponsor, Enron is a
significant capital partner with a wealth of
experience in private equity investments, risk
management, financial structuring and asset
management.
Intrust USA
Since its inception in 1985, Intrust USA has
HOUSTON ECONOMIC
raised approximately $200 million in private
equity for investments in more than 85 projects
nationwide. Intrust USA is certified by the U.S.
opportunity
Treasury as a Community Development
FUND
Financial Institution (CDFI) and has collective
experience of over 70 years in banking, real
estate, asset management, finance, marketing,
and community development.
Managed by Enron and Intrust USA
ENHANCING OUR
Covenant Community Capital Corporation
in partnership with
Covenant Community Capital Corporation is a
Covenant Community Capital Corporation
non-profit organization founded in 1997. Its
COMMUNITY BY
mission is: "To enhance the beauty, safety and
economic vitality of low-income communities
FOSTERING SMALL
through the development of affordable housing,
ENRON
@
growing business enterprises and the building of
community assets." Covenant will serve as the
designated community partner through an
LT
COVENANT COMMUNITY
BUSINESS GROWTH
CAPITAL
advisory relationship with the Fund.
CORPORATION
T
he most powerful waterfalls are made from millions of single dro
Similarly, the most powerful communities result from many corpora
The Houston Economic Opportunity Fund
civic neighbors working together to improve the quality of life for citizens
is looking for economically viable projects
The mission of the Houston Economic Opportunity Fund (HEOF)
hance
located in or serving Houston's inner city
the Houston community by fostering small business growth.
market that create significant value for investors,
local entrepreneurs and Houston's underserved
inner city communities. We are targeting:
Existing businesses in urban Houston with
HEOF is a premier for-profit community
HOUSTON ECONOMIC
an established financial track record
investment vehicle that provides much needed
OPPORTUNITY FUND
Companies that share Enron's values of
financial resources to small urban businesses.
Respect, Integrity, Communication and
By building public-private partnerships, HEOF
Excellence
helps these businesses create and sustain a
competitive advantage.
ONE-STOP SHOPPING
Our investment focus consists of:
Equity
Light industrial projects
The benefits HEOF brings to Houston are
Debt placement
Residential and commercial real estate
best represented by the ripple effect of a single
Management consulting
Retail-based businesses
raindrop. The raindrop is the investment that the
Teleservices providers
Fund makes in urban businesses that provide
INVESTMENT OPTIONS
Women and minority-owned vendors
quality products and services to the Houston
Common stock
community. The ripple effect occurs when these
Preferred and convertible
If you believe that your business is a candidate
companies utilize HEOF resources to increase
preferred stock
to receive HEOF funding, please contact:
their revenues and employee base. The ripple
Subordinated debt
continues to expand as these once small
Partnership Interests
Enron Economic Development Corp.
businesses are now better positioned to supply
Income participation
1400 Smith Street
goods and services - not only to the Houston
certificates
Houston, TX 77002
community, but also to the very companies that
E-mail: [email protected]
invest in them.
Tel: (713) 345-7972
Website: http://www.eedc.enron.com/heof
HEOF PARTNERS
Enron
Just as Enron has used its innovation to become
a leader in the global energy market, Enron is
interested in developing innovative partnerships
that strengthen the communities where it does
business. As the lead sponsor, Enron is a
significant capital partner with a wealth of
experience in private equity investments, risk
management, financial structuring and asset
management.
Intrust USA
Since its inception in 1985, Intrust USA has
HOUSTON ECONOMIC
raised approximately $200 million in private
equity for investments in more than 85 projects
opportunity
nationwide. Intrust USA is certified by the U.S.
Treasury as a Community Development
FUND
Financial Institution (CDFI) and has collective
experience of over 70 years in banking, real
estate, asset management, finance, marketing,
and community development.
Managed by Enron and Intrust USA
ENHANCING OUR
Covenant Community Capital Corporation
in partnership with
Covenant Community Capital Corporation is a
Covenant Community Capital Corporation
COMMUNITY BY
non-profit organization founded in 1997. Its
mission is: "To enhance the beauty, safety and
economic vitality of low-income communities
FOSTERING SMALL
through the development of affordable housing,
ENRONNE
©
growing business enterprises and the building of
COVENANT
COMMUNITY
BUSINESS GROWTH
community assets." Covenant will serve as the
designated community partner through an
IT
CAPITAL
advisory relationship with the Fund.
COMMISSIONER
T
he most powerful waterfalls are made from millions of single drop
Similarly, the most powerful communities result from many corpora
The Houston Economic Opportunity Fund
civic neighbors working together to improve the quality of life for citizens.
is looking for economically viable projects
The mission of the Houston Economic Opportunity Fund (HEOF)
hance
located in or serving Houston's inner city
market that create significant value for investors,
the Houston community by fostering small business growth.
local entrepreneurs and Houston's underserved
inner city communities. We are targeting:
Existing businesses in urban Houston with
HEOF is a premier for-profit community
HOUSTON ECONOMIC
an established financial track record
investment vehicle that provides much needed
OPPORTUNITY FUND
Companies that share Enron's values of
financial resources to small urban businesses.
Respect, Integrity, Communication and
By building public-private partnerships, HEOF
Excellence
helps these businesses create and sustain a
competitive advantage.
ONE-STOP SHOPPING
Our investment focus consists of:
Equity
Light industrial projects
The benefits HEOF brings to Houston are
Debt placement
Residential and commercial real estate
best represented by the ripple effect of a single
Management consulting
Retail-based businesses
raindrop. The raindrop is the investment that the
Teleservices providers
Fund makes in urban businesses that provide
INVESTMENT OPTIONS
Women and minority-owned vendors
quality products and services to the Houston
Common stock
community. The ripple effect occurs when these
Preferred and convertible
If you believe that your business is a candidate
companies utilize HEOF resources to increase
preferred stock
to receive HEOF funding, please contact:
their revenues and employee base. The ripple
Subordinated debt
continues to expand as these once small
Partnership Interests
Enron Economic Development Corp.
businesses are now better positioned to supply
Income participation
1400 Smith Street
goods and services - not only to the Houston
certificates
Houston, TX 77002
community, but also to the very companies that
E-mail: [email protected]
invest in them.
Tel: (713) 345-7972
Website: http://www.eedc.enron.com/heof.
[email protected]
06/30/99 04:35:38 PM
Record Type:
Record
To:
Lisa Green/OPD/EOP, Laura A. Graham/WHO/EOP
CC:
[email protected], [email protected]
Subject: FW: Phoenix New Markets - Information on Botas Juarez
FYI
Original Message
From: Hodge, Millicent Y.
Sent: Wednesday, June 30, 1999 8:32 PM
To: '[email protected]'
Subject: RE: Phoenix New Markets - Information on Botas Juarez
The following is the information that we have on Botas Juarez:
Botus Juarez Western Wear
4231 South Central Avenue
Located in retail commercial strip in heart of South Phoenix.
(Located in an EC)
EVENT: Clutch and Presentation of cowboy boots, hat, etc. to the President
Walk through of commercial retail strip
RATIONALE FOR THIS SITE:
Botas Juarez Western Wear is a South Phoenix retailer that was assisted by
Chicanos Por La Causa (a CDFI) through an SBA-supported technical assistance
program.
If we have anything else, I'll forward it to you as soon as I receive it.
Original Message
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, June 30, 1999 7:24 PM
To: [email protected]
Subject: RE: phoenix new markets - Background on La Canasta
do you have stuff on botas juarez, too?
- att1.htm
[email protected]
06/30/99 04:35:38 PM
Record Type:
Record
To:
Lisa Green/OPD/EOP, Laura A. Graham/WHO/EOP
CC:
[email protected], [email protected]
Subject: FW: Phoenix New Markets - Information on Botas Juarez
FYI
Original Message
From: Hodge, Millicent Y.
Sent: Wednesday, June 30, 1999 8:32 PM
To: [email protected]'
Subject: RE: Phoenix New Markets - Information on Botas Juarez
The following is the information that we have on Botas Juarez:
Botus Juarez Western Wear
4231 South Central Avenue
Located in retail commercial strip in heart of South Phoenix.
(Located in an EC)
EVENT: Clutch and Presentation of cowboy boots, hat, etc. to the President
Walk through of commercial retail strip
RATIONALE FOR THIS SITE:
Botas Juarez Western Wear is a South Phoenix retailer that was assisted by
Chicanos Por La Causa (a CDFI) through an SBA-supported technical assistance
program.
If we have anything else, I'll forward it to you as soon as I receive it.
Original Message
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, June 30, 1999 7:24 PM
To: [email protected]
Subject: RE: phoenix new markets - Background on La Canasta
do you have stuff on botas juarez, too?
- att1.htm
where were are now us
when we was in 93
Dawn L. Smalls
06/24/99 03:52:23 PM
Record Type:
Record
Train Trip
To:
Lisa Green/OPD/EOP@EOP
CC:
story line story live
Subject: Draft TPs
Phoenix, AZ
SBA
Corella Electric Wire and Cable Plant
Successful partnership with ATT; 50% of employees are minority; Arizona MultiBank (a
CDFI) helped finance
NFL Yet Academy
Academy established after Super Bowl XXX with 1$ million in funding. Academy former
junk yard and center if some self-help housing initiatives.
Kentucky
Agriculture
Jackson County
five sites proposed of former Tobacco producing sites products of alternative farming
Mid South Electrics, Jackson County Industrial Park (Economic Development)
Annville, Kentucky's largest employer; manufacturer of telecommunications, electronic and
appliance components
JCR Industries (youth Opportunity)
company formed as part of the empowerment Zone and has received support from USDA,
Rural LISC, DoL, and HHS.
CDFI
JCR Industries, Inc.
Job training facility operated by local ,private employers in Jackson County with 103
employees.
here I took Andrews call to John- didut
suid this Mote 50 Jmn - wund to share w/ gn.
John -
RE: NEWMarkets LLocation>
ANDREW,CUOMO called to ask you to CONSIDES the
A) Pine Ridge: (he is holding off on scheduling
his conservence unhil he hears
Knm us m whether This could
be a MEW markets sitt)
B) LA
HE Thub This is a big mistake
because we have a 350m community
hinstruct bault That is a
MESS
c) Phoenix
Is ME of THE highest rated cities -
not appropriate for new markers
HE suggests:
1) any WHESE in MID. west like July Indiana;
2) any WHERE in new England Hartfard, loun
lenic
where a place WHERE The industrial base has
give Elsumere
[email protected]
07/01/99 08:51:37 PM
Record Type:
Record
To:
Lisa Green/OPD/EOP, [email protected]
CC:
[email protected]
Subject: Background info from HUD re: Phoenix Roundtable
This information just came in from HUD.
Leonard Moreno: Leonard Moreno has quietly built his small business into a
successful community fixture. With the financial assistance from HUD
through CDBG and the Enterprise Community, Moreno Welding currently has 18
employees and expects to hire several more through the end of the year. In
1995, the business was one of the first to receive funding from the
HUD-funded, City of Phoenix Expand program, a loan collaterialization
program that encourages lenders to make loans to businessess that might not
have otherwise been able to secure such funding. Mr. Moreno received a
$303,000 loan from First Interstate Bank collaterized by $75,000 from the
HUD-funded Expand program. Moreno Welding produces barbecue grills and
conveyers for such customers as the City of Phoenix, United Parcel Service,
local schools and equipment companies. In 1996, Moreno Welding was awarded
the Minority Enterprise Award in recognition of its success, stability and
committment to the community. In 1999, Moreno Welding will gross in the
neighborhood of $1.5 million.
Pete Garcia: Mr. Pete C. Garcia, President/CEO of Chicanos Por La Causa,
Inc., has a BA in Elementary Education from Arizona State University and a
Masters in Public Administration from the University of Southern California.
Mr. Garcia has a long history with the organization beginning in 1972 as an
Economic Development Specialist. Mr. Garcia has been the President/CEO
since 1984. He was recently named as one of the "Ten Most Influential
Hispanic" in Arizona.
Chicanos Por La Causa, Inc. has a comprehensive affordable housing agenda,
which has received long-standing support from the United States Department
of Housing and Urban Development (HUD) for over 25 years. Chicanos Por La
Causa, Inc. is comprised of two major divisions, one is Social Services, the
other is Economic Development. The Economic Development Division is
responsible for the construction of affordable housing, acquisition of
properties, management of CPLC's multifamily housing complexes, the
administration of revolving loan funds for small businesses, technical
assistance to small and emerging enterprises, and the development of small
incubator projects, which offer affordable space to small business.
Yolanda Kaiser: Ms. Yolanda Kaiser is owner and President of Builders's
Book Depot, retail, mail order and internet book dealership specializing in
national distribution of books and publications for the construction,
architectural, interior design and engineering fields. Ms. Kaiser served as
President of the Arizona Hispanic Chamber of Commerce in 1991 and 1992. Ms.
Kaiser has held several appointments and memberships in affiliations
throughout the community which include: City of Phoenix Commission on the
Economy, Governor's Strategic Plan for Economic Development, National
Association of Women Business Owners, Phoenix Chamber of Commerce, and
Arizona State University-President's Advisory Group on Enhancing Diversity.
Saunders
202.205.3646
- att1.htm
06/28/99
16:40
A/S FOR CPD
94562223
NO. 435
002
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
MEMORANDUM
DATE:
JUNE 28, 1999
FROM:
JACQUIE LAWING
MICHAEL N. COHEN
Sana Serd gehm
TO:
MILLICENT HODGE
NEW MARKETS INITIATIVE
PRESIDENT CLINTON'S VISIT TO PHOENIX
famo,
The Memorandum of June 25, 1999 from Jacquie Lawing, Michael N. Cohen and Lisa
MacSpadden emphasized HUD's support for Chicano por La Causa ("CPLC") Small
Business Incubator to be featured during President Clinton's July 7, 1999 visit to
This
Phoenix, Arizona. The purpose of this Memorandum is to provide more background on
is
the Incubator in support of original discussion.
sik
the
Many of the foremost hispanic leaders in the state have been associated with CPLC
including Congressman Ed Pastor, State Senator Joe Eddie Lopez, former Majority
have
Leader of the Arizona State Senate Alfredo Gutierrez, Tommy Espinosa, and Art Othon.
as.
as.
CPLC is not a government agency nor a pass through conduit for government programs.
Possible
CPLC is a non-profit organization that received some funding several years ago from
governmental entities (including $140,000 from HUD CDBG) and foundations to begin
an incubator. its primary funding source was the Ford Foundation. This represents a true
financial partnership between public and private funding sources.
The CPLC Small Business Incubator provides a variety of services to the fledgling, but
growing, business. They provide lower rent to the businesses in the incubator and
provide technical assistant to businesses. They assist with business plan preparation and
Are
pro forma financial statements.
side
The Incubator includes the following small businesses:
Aztec Accounting -- (2 employees) Ron Piceno, Kim and Clarence Newman
Parry
principals. Accounting services for small business.
anyx
Renewable Marketing. (1 employee) Phase I and II environmental reports for
many companies including the two largest utilities in Arizona.
El Sol -- (4.5 employees) Spanish language weekly newspaper. Earl and Mary
to
Rose Wilcox principals.
that yetz
06/28/99
16:40
A/S FOR CPD -> 94562223
NO. 435
903
Tiempo Real Estate -- (5 employees) A for profit subsidiary of CPLC doing
munti family residential development. Manny Gauna, President and CEO.
Tiempo Property Management -- (90 employees, 10 at the center) A for profit
subsidiary of CPLC. Manny Gauna, President and CEO.
CPLC Economic Development -- (2 employees) Greg Rodriguez and Raul
Torres, principals.
Small Business Development Center -- (3 employees) Teresa Miranda and Joe
Martinez.
The CPLC incubator is about 7,500 square feet. It was constructed about two
years ago at a total cost of $550,000. The source of funds for the Incubator comes from:
$54,000 CDBG from Phoenix, grant
$50,000 Arizona Community Foundation, grant
$25,000 Norwest, grant
$25,000 Wells Fargo, grant
$5,000 Arco Foundation grant
$280,000 loan (permanent finance) from the National Cooperative Bank,
Washington DC
This program would seem to be an ideal place to expound upon the theme of the visit
which is hispanic business development. In addition to the many businesses that got their
start thanks to CPLC, the President would have the opportunity to visit with five that are
just beginning to grow. The Incubator is a successful partnership between public and
private entities and a model for the rest of the country.
cc:
Maria Echaveste
Alvin Brown
Lisa Green
Withdrawal/Redaction Marker
Clinton Library
DOCUMENT NO.
SUBJECT/TTTLE
DATE
RESTRICTION
AND TYPE
001. email
To Mickey Ibarra (1 page)
06/25/1999
P5
COLLECTION:
Clinton Presidential Records
Policy Development
Lisa Green
OA/Box Number: 20590
FOLDER TITLE:
Phoenix AZ [Arizona] [1]
2012-0043-S
ms253
RESTRICTION CODES
Presidential Records Act - [44 U.S.C. 2204(a)]
Freedom of Information Act - 15 U.S.C. 552(b)]
P1 National Security Classified Information |(a)(1) of the PRAJ
b(1) National security classified information {(b)(1) of the FOIA]
P2 Relating to the appointment to Federal office [(a)(2) of the PRA]
b(2) Release would disclose internal personnel rules and practices of
P3 Release would violate a Federal statute [(a)(3) of the PRA]
an agency |(b)(2) of the FOIA]
P4 Release would disclose trade secrets or confidential commercial or
b(3) Release would violate a Federal statute |(b)(3) of the FOIA]
financial information [(a)(4) of the PRA]
b(4) Release would disclose trade secrets or confidential or financial
P5 Release would disclose confidential advice between the President
information [(b)(4) of the FOIA]
and his advisors, or between such advisors [a)(5) of the PRA]
b(6) Release would constitute a clearly unwarranted invasion of
P6 Release would constitute a clearly unwarranted invasion of
personal privacy [(b)(6) of the FOIA]
personal privacy [(a)(6) of the PRA]
b(7) Release would disclose information compiled for law enforcement
purposes [(b)(7) of the FOIA]
C. Closed in accordance with restrictions contained in donor's deed
b(8) Release would disclose information concerning the regulation of
of gift.
financial institutions [(b)(8) of the FOIA]
PRM. Personal record misfile defined in accordance with 44 U.S.C.
b(9) Release would disclose geological or geophysical information
2201(3).
concerning wells [(b)(9) of the FOIA]
RR. Document will be reviewed upon request.
Gene Sperling (NEC)
Melissa Green 65385
CLINTON LIBRARY PHOTOCOPY
JUL 01 '99 13:27 FR
TO 94562223
P.01/04
ROUNOTABLE RECOMMENDATIONS
Small business South Phoenix/Phoenix recommended by Congressman Pastor
June 29, 1999
(25 business names)
ATL Inc.
2912 W. Clarendon
Phoenix, AZ 85017
Contact: Frank Rivera, Owner
Frank is the new national President of the National Association of Minority Contractors.
(602) 241-1097
Azteca Plaza Bridals and Formals
1010 E. Washington St.
Phoenix, AZ 85034
Contact: Greg Torres
(602) 253-2171
Madera Component Systems
6323 W. Van Buren St.
Phoenix, AZ 85043
Contact; Bob Singh, Owner
(602) 245-1001
Northridge Mechanical Inc.
4106 S. Seventh St.
Phoenix, AZ 85040
Contact: Daniel Ortega Sr., Owner
(602) 268-2100
Tres Hermanos Inc. DBA Oaxaca Restaurant
1516 W. Van Buren St.
Phoenix, AZ 85007
Contact: Fred Verdugo
(602) 258-0804
AR Utility Specialists, Inc.
106 E. Buchanan St.
Phoenix, AZ 85004
Contact: Alejandro Reynoso
(602) 252-3227
Adventures in Travel
JUL 01 '99 13:27 FR
TO 94562223
P.02/04
3401 E. Broadway Road
Phoenix, AZ 85040
Contact: Deby Wyckoff
(602) 243-3410
Austin's Cash Market
1445 S. 13th Place
Phoenix, AZ 85034-4613
Contact: Vince Austin
(602) 254-7693
Ax-Cent Packaging, Inc.
2533 W. Holly
Phoenix, AZ 85009
Contact: Joash (pronounced Joe Ash) Duke
(602) 272-8070
Botas Juarez
4231 S. Central Ave.
Phoenix, AZ 85040
Contact: Miguel Peña
(602) 268-9068
CC Foods Inc.
3348 E. Weir
Phoenix, AZ 85040
Contact: Bob Casillas, CEO
(602) 276-7974
C.G. Manufacturing, Inc.
2625 E. University Drive, Suite B
Phoenix, AZ 85034
Contact: Carmen Goitia
(602) 275-5703
Carolina's Mexican Food and Carryout
1202 E. Mohave St.
Phoenix, AZ 85034
Contact: Joe Abril
(602) 252-1503
Del's Wrought Iron
2212 S. 16th St.
Phoenix, AZ 85034
Withdrawal/Redaction Marker
Clinton Library
DOCUMENT NO.
SUBJECT/TITLE
DATE
RESTRICTION
AND TYPE
002. list
Roundtable Recommendations; RE: phone number [partial] (1 page)
06/29/1999
P6/b(6)
COLLECTION:
Clinton Presidential Records
Policy Development
Lisa Green
OA/Box Number: 20590
FOLDER TITLE:
Phoenix AZ [Arizona] [1]
2012-0043-S
ms253
RESTRICTION CODES
Presidential Records Act - [44 U.S.C. 2204(a)]
Freedom of Information Act - 15 U.S.C. 552(b)]
PI National Security Classified Information |(a)(1) of the PRAJ
b(1) National security classified information [(b)(1) of the FOIA]
P2 Relating to the appointment to Federal office [(a)(2) of the PRAJ
h(2) Release would disclose internal personnel rules and practices of
P3 Release would violate a Federal statute [(a)(3) of the PRA]
an agency [(b)(2) of the FOIA]
P4 Release would disclose trade secrets or confidential commercial or
b(3) Release would violate a Federal statute |(b)(3) of the FOIA]
financial information [(a)(4) of the PRA]
b(4) Release would disclose trade secrets or confidential or financial
P5 Release would disclose confidential advice between the President
information [(b)(4) of the FOIA]
and his advisors. or between such advisors [a)(5) of the PRA]
b(6) Release would constitute a clearly unwarranted invasion of
P6 Release would constitute a clearly unwarranted invasion of
personal privacy [(b)(6) of the FOIA]
personal privacy |(a)(6) of the PRA|
h(7) Release would disclose information compiled for law enforcement
purposes [(b)(7) of the FOIA]
C. Closed in accordance with restrictions contained in donor's deed
b(8) Release would disclose information concerning the regulation of
of gift.
financial institutions |(b)(8) of the FOIA]
PRM. Personal record misfile defined in accordance with 44 U.S.C.
b(9) Release would disclose geological or geophysical information
2201(3).
concerning wells [(b)(9) of the FOIA]
RR. Document will be reviewed upon request.
JUL 01 '99 13:28 FR
TO 94562223
P.03/04
Contact: Del Sedillo
(602) 276-2584
[002]
El Mesquite Restaurant
26 E. Baseline Road #21
Phoenix, AZ 85040
Contact: Juanita and Dora Modora
Business: (602) 243-7107
Juanita's residence:
P6/(b)(6)
The Farm at South Mountain (restaurant)
6106 S. 32nd St.
Phoenix, AZ 85040
Contact: Patricia Christofolo
(602) 276-6360
Interface Data Systems
3333 W. Flower St.
Phoenix, AZ 85017
Chairman/CEO Mahasen Samaravijaya
Contact: Barry Ebert, (602) 998-7232
La Canasta Mexican Foods, Inc.
3101 W. Jackson St.
Phoenix, AZ 85009
Contact: Mrs. Carmen Abril
(602) 269-7721
Moreno Welding Manufacturer and Fabricator
3414 S. 3rd Place
Phoenix, AZ 85040
Contact: Leonard Moreno
(602) 276-9508
Mrs. White's Golden Restaurant
808 E Jefferson St.
Phoenix, AZ 85034
Contact. Mrs. Elizabeth J. White
(602) 262-9256
Ramirez Mechanical Systems, Inc.
3308 E. Madison
Phoenix, AZ 85034
Contact: Carlos Ramirez
(602) 244-8994
JUL 01 '99 13:28 FR
TO 94562223
P. 04/04
Sam Kee Restaurant
1101 W. Grant Road
Phoenix, AZ 85007-3410
Contact: Irene Yee (daughter of Sam and Lily Yee, owners)
(602) 253-6649
Serna Doors
948 E. Broadway Road
Phoenix, AZ 85040
Contact: Eufemia Serna
(602) 268-3223
Shante Beauty Supplies
730 S. 15th Ave.
Phoenix, AZ 85007
Contact: Ms. Ethel Lane
(602) 495-1952
Tireworks Co.
4050 E. Blanche Drive
Phoenix, AZ 85032
Contact: Chuck Scott
(602) 390-1159
** TOTAL PAGE. . 04 **
ARIZONA CDFI's
1. Arizona MultiBank Community Development Corporation
101 North First Avenue, 18th Floor
Phoenix, Arizona 85003
602-594-4444
Mission: To provide financial and technical assistance for the advancement of small
business, low and moderate income housing, and economic development.
2. Chicanos Por La Causa, Inc.
1112 East Buckeye Road
Phoenix, Arizona 85034
602-257-0700
Mission: To make people self-sufficient or keep them self-sufficient as long as
possible.
3. First American Credit Union
Box 1969
Window Rock, Arizona 86515
520-871-4767
Mission: To be a full service Credit Union.
4. Hopi Credit Association
P.O. Box 1259
Keams Canyon, Arizona 86034
520-738-2205
Mission: To provide loans to eligible Hopi members.
5. Neighborhood Housing Services of Phoenix, Inc.
320 East McDowell Street, Suite 120
Phoenix, Arizona 85004
602-258-1659
Mission: To revitalize Phoenix neighborhoods by providing a full range of
programs and services that encourage, create, and support homeownership.
6. P.P.E.P. Microbusiness and Housing Development Organization
1100 East Ajo Way, Suite 209
Tucson, Arizona 85713
520-806-9513
Mission: To improve the quality of life for rural residents by providing business
technical assistance and loan products.
7. Southpark/Pueblo Gardens Community Credit Union
P.O. Box 27434
Tucson, Arizona 85726
520-770-9345
Mission: To provide financial services, employment, empowerment.
8. Local Initiatives Support Corporation
Phoenix Office:
111 West Monroe, Suite 1610
Phoenix, Arizona 85003
602-256-0015
07/01/1999
20:24
HUD SPEC ACTION
94562223
NO. 209
002
CEOs bio.doc
Page 1
Leonard Moreno: Leonard Moreno has quietly built his small business into a successful community
fixture. With the financial assistance from HUD through CDBG and the Enterprise Community, Moreno
Welding currently has 18 employees and expects to hire several more through the end of the year. In
1995, the business was one of the first to receive funding from the HUD-funded, City of Phoenix Expand
program, a loan collaterialization program that encourages lenders to make loans to businessess that
might not have otherwise been able to secure such funding. Mr. Moreno received a $303,000 loan from
First Interstate Bank collaterized by $75,000 from the HUD-funded Expand program. Moreno Welding
produces barbecue grills and conveyers for such customers as the City of Phoenix, United Parcel Service,
local schools and equipment companies. In 1996, Moreno Welding was awarded the Minority Enterprise
Award in recognition of its success. stability and committment to the community. In 1999, Moreno Welding
will gross in the neighborhood of $1.5 million.
Pete Garcia: Mr. Pete C. Garcia, President/CEO of Chicanos Por La Causa. Inc., has a BA in
Elementary Education from Arizona State University and a Masters in Public Administration from the
University of Southern California. Mr. Garcia has a long history with the organization beginning in 1972 as
an Economic Development Specialist. Mr. Garcia has been the President/CEO since 1984. He was
recently named as one of the "Ten Most Influential Hispanic" in Arizona.
Chicanos Por La Causa, Inc. has a comprehensive affordable housing agenda, which has received
long-standing support from the United States Department of Housing and Urban Development (HUD) for
over 25 years. Chicanos Por La Causa, Inc. is comprised of two major divisions, one is Social Services,
the other is Economic Development. The Economic Development Division is responsible for the
construction of affordable housing, acquisition of properties, management of CPLC's multifamily housing
complexes, the administration of revolving loan funds for small businesses, technical assistance to small
and emerging enterprises, and the development of small incubator projects, which offer affordable space
to small business.
Yolanda Kaiser: Ms. Yolanda Kaiser is owner and President of Builders's Book Depot, retail, mail
order and internet book dealership specializing in national distribution of books and publications for the
construction, architectural, interior design and engineering fields. Ms. Kaiser served as President of the
Arizona Hispanic Chamber of Commerce In 1991 and 1992. Ms. Kalser has held several appointments
and memberships in affiliations throughout the community which include: City of Phoenix Commission on
the Economy, Governor's Strategic Plan for Economic Development. National Association of Women
Business Owners. Phoenix Chamber of Commerce, and Arizona State University-President's Advisory
Group on Enhancing Diversity.
Alving winl prople dykgs
wl
03
FAA
06/23/99
19:25
00
anyoin
Small Business Incubator Programs
South Phoenix (AZ)
June 1999
Ronnie Lopez Small Business Incubator
Chicanos Por La Causa, Inc. (CPLC)
1107 E. Tonto
Phoenix, AZ 85034
Contact: Pete Garcia, (602) 257-0700, or Raul Torres, (602) 257-7080
Fax: (602) 257-7082
This facility serves 8.3 CPLC's Incubator Center. The Center provides affordable office space and
is combined with the Small Business Assistance Center, which provides technical assistance and
access to fax machines, personal computers and business software, copiers and shared receptionist
services. Currently, the Center has four tenants with room for one additional business.
Westside Small Business Assistance Center
Chicanos Por La Causa, Inc. (CPLC)
3210 W. Van Buren St.
Phoenix, AZ 85004
Contact: Pete Garcia, (602) 257-0700, Raul Torres, (602) 257-7080
This facility provides technical assistance and access to fax machines, personal computers and
business software, and copiers. The services are free to small businesses and micro enterprises within
the City of Phoenix Enterprise Community.
-
City of Phoenix Community and Economic Development (CEDD) Incubator Program
Contacts: Terri Taylor Lima, City of Phoenix CEDD Incubator Program, (602) 262-5040
or Lynn Timmons, City of Phoenix Intergovernmental Programs, (602) 256-4257
This program was designed to promote business growth in the Enterprise community. The city has
worked to establish four small business incubators. These agencies provide technical assistance or
help with creating business plans, developing marketing strategies, tax preparation, and general
business administration services. Incubator services such as access to computers, copiers, fax
machines, telephones, and office supplies are provided to small businesses within the EC. The
current incubators are:
Greater Phoenix Urban League, 1402 S. Seventh Ave., Phoenix, AZ
Community Excellence Project, 2457 E. Broadway Road, Phoenix, AZ
Chicanos For La Causa, Inc., 1102 E. Tonto St., Phoenix, AZ
Carl Hayden Center, 3216 W. Van Buren St., Phoenix, AZ
Cumulatively, these four incubators have projected that they will achieve the following results over
the 1998-1999 grant year:
- Provide outreach to an estimated 200 small businesses
Chart April for for Cansol
07/06/99
22:38
FAX
NATL ECONOMIC COUNCIL
009
Formerly Senior Vice President of the Financial Services Corporation in New York.
Serves on the Arizona State Housing Commission, the Phoenix Local Initiatives Support
Corp. and the Foundation for Technology Financing.
FRANK TRUJILLO BALLESTEROS, Executive Director of the MICRO Industry Credit
Rural Organization (MICRO)
Mr. Ballesteros has been the Executive Director of the MICRO Industry Credit Rural
Organization - a joint program of Project Portable Practical Educational Preparation
(PPEP) and Microbusiness and Housing Development corporation (PMHDC) - since
1986.
He is also the Chief Administrative Officer of PMHDC, a U.S. treasury certified
community development financial institution.
An impassioned advocate for microenterprise development, Mr. Ballesteros has testified
before Presidential Task Forces and Congressional Committees.
The MICRO Loan Fund has $5million budget of which $3million is being used by 345
active loan customers in 6 different counties.
MICRO is also responsible for the disbursement of approximately 2, 574 loans - average
loan amount is $2640 - to over 1,133 MICRO-enterprises.
The MICRO-enterprise loans have helped to create over 600 jobs and stabilize over 700
microenterprises.
In 1994, SBA named Frank the Arizona's Minority Small Business Advocate, he was
later named the nation's Minority Small Business Advocate. Four years later, 1998, SBA
recognized the MICRO Loan Fund as one of the "models for excellence to the Vision
2000."
In May 1995, you appointed Frank as a Presidential Delegate to the White House
Conference on Small Business. Later that same year (October 1995), you appointed him
to the Community Development Advisory Board - this is the national board that advises
the Director of the Community Development Financial Institution (CDFI) Fund on
policies regarding activities of the Fund. Finally, in December 1998, the MICRO Loan
Fund was awarded the Presidential award in the "access to Capital" category for its
practices as a high impact, credit-oriented model for promoting micro entrepreneurship in
low-income, rural Arizona communities.
(See your attached remarks from February 5, 1999 ceremony).
In October 1998, Frank was selected by Hispanic Business Magazine as one of America's
100 Most Influential Hispanics.
07/06/99 22:37 FAX
NATL ECONOMIC COUNCIL
006
ROUNDTABLE PARTICIPANTS
GENE HUMPHREY, President and CEO, Enron Economic Development Corporation (EEDC)
Enron Economic Development Corporation invests in community development projects that
serve the economically disadvantaged.
Enron Economic Development Corporation seeks to increase wealth through local
entrepreneurship, expanded job opportunities and the creation of a profit-oriented "social
investing" business.
Gene joined Enron in 1990. Established Enron Capital & Trade Resources, an energy
merchant finance company.
Enron has established the Houston Economic Opportunity Fund, a fund similar to the funds
we are trying to encourage. Enron capitalized the fund with $20 million and is trying to raise
additional funds from local investors.
To date, they have invested over $5 million in new businesses, many of them in Hispanic
businesses.
STEVEN BURD, CEO & President, Safeway Inc.
Born in Minot, North Dakota. Son of a railroad executive.
Joined Safeway six years ago after a career in management consulting.
Safeway, based in Pleasanton, California, is one of the largest food and drug retailers in
North America (1,300 plus stores).
Steve has boosted efficiency and service at Safeway, resulting in a 20-fold increase in share
price and adding more than $27 billion to Safeway's equity capitalization.
JOHN CORELLA, President & CEO, Corella Companies
Corella Companies includes Corella Electric (which John founded in 1976 with $250 and a
used truck) and Corella Electric Wire & Cable (founded in 1992 and selected to enter into a
$300 million strategic manufacturing alliance with AT&T to operate a wire manufacturing
facility in Phoenix).
His company is now a $30 million a year producer of precision color coated copper wire.
07/06/99 22:37 FAX
NATL ECONOMIC COUNCIL
007
His former electrical contracting company was an SBA borrower and, in 1986, was named an
SBA "Minority Small Business of the Year."
Corella hired the first high school graduate of the NFL YET Academy.
Served as a mentor to a SELF (Self Employment Loan Fund) participant, Marilyn's Day
Care Center, which grew from 4 enrolled children to a new location licensed for 100
children.
MS. JOSIE IPPOLITO, Co-Owner, La Canasta Mexican Foods, Inc.
La Canasta Mexican Foods Products Inc., was founded in 1962 by Richard and Carmen Abril
(Josie's parents). It began as a tortilla factory that supplied fresh, "hand-made" tortillas to
restaurants. Unexpectedly widowed in 1974, Mrs. Carmen Abril [Lopez] was left alone to
support herself and her seven children. With the help of her children the business continued
to grow - by 1976 tortillas were being shipped into the Midwestern US - prompting the
expansion of the factory in 1979. LL 1981 another expansion occurred into the Minnesota
market area - La Canasta of Minnesota went public in 1991.
One of Arizona's largest manufacturers of tortillas and tortilla chips for the food service
industry. Refrigerated and frozen products are also shipped to distributors throughout the
U.S. under the brand name "My Nana's Tortillas".
The business has over $6 million in sales and employs over 140 people within the inner-city
community.
In February of 1996, in order to meet expansion needs, SBA assisted La Canasta Mexican
Food Products, Inc. via its 504 fixed asset loan program. With the loan from SBA, La
Canasta was able to purchase land and construct a new 25, 000 sq. ft. food processing plant
adjacent to its original 15, 000 sq. ft. manufacturing plant - total cost of $1.2 million.
MYRNA SONORA, General Manager & Vice President. KTVW-33 Univision
KTVW Channel 33 is the Phoenix affiliate of Univision Network, Americas fastest growing
broadcast network, which broadcasts Spanish language programming 24 hours a day,
including local Phoenix newscasts at 5:00 p.m. and 10:00 p.m.
Ms. Sonora comes to Phoenix from her position as Vice-President & News Director at
Univision 23 (WLTV) in Miami, Florida.
Ms. Sonora has acquired nearly 20 years of broadcast journalism experience at several
stations and networks in the South Florida market.
07/06/99 22:38 FAX
NATL ECONOMIC COUNCIL
010
LEONARD MORENO, Owner, Morena Welding
Moreno took welding classes at the Phoenix Union High School and after a stint in the Army
went to work as a welder. In 1979, he started his own welding business in his garage with
$100. Today his company has 18 employees and in 1998 reported sales of $1.32 million.
Moreno Welding produces barbecue grills and conveyers for such customers as the City of
Phoenix, United Parcel Service, local schools and equipment companies.
In 1996, Moreno Welding was awarded the Minority Enterprise Award in recognition of its
successes.
In 1995, the business was one of the first to provide funding from the HUD-funded, City of
Phoenix Expand program, a loan collaterialization program that encourages lenders to make
loans to businesses that might not have otherwise been able to secure funding. Mr. Moreno
received a $303, 000 loan from First Interstate Bank collaterized by $75,000 from the HUD-
funded Expand program.
YOLANDA KAISER, Owner and President, Builder's Book Depot
Builders's Book Depot, retail, mail order and internet book dealership, specializing in
national distribution of books and publications for the construction, architectural, interior
design, and engineering fields.
Ms. Kaiser served as President of the Arizona Hispanic Chamber of Commerce in 1991 and
1992.
Ms. Kaiser throughout has held several appointments and memberships in affiliations
throughout the community which include:
City of Phoenix Commission on the Economy,
Governor's Strategic Plan for Economic Development,
National Association of Women Business Owners,
Phoenix Chamber of Commerce,
Arizona State University-President's Advisory Group on Enhancing Diversity.
07/06/99 22:37 FAX
NATL ECONOMIC COUNCIL
008
As news director of Univision 23 in Miami, she was credited with creating and implementing
a multi-departmental strategy that integrated the efforis of the Creative Services Operations,
and Promotions and Research Departments, in a successful drive to position Univision 23 as
a leading contender in the Miami news market.
She has been received six Florida Emmy Awards for important broadcasts in which she was
involved.
MIKE WELBORN, President, Bank One Arizona
Bank One is the largest financial institution in Arizona.
Mike joined Bank One in January 1996. Previously, he was a principal at The Venture West
Group and before that was chairman and CEO of Citibank, Arizona.
Mike's community honors include winning the 1998 Anti-Defamation League Torch of
Libert Award. He has served as chairman of Greater Phoenix Leadership, the Super Bowl
Host Committee, Arizona Bankers Association, and Arizona Young President's
Organization.
Mike lives in Phoenix with his wife and three children.
Bank One previously invested in Arizona MultiBank and will be making a $1.5 million new
investment in the LMI SBIC. Magnet Capital will provide growth capital in the form a
mezzanine financing to small business in Arizona. Investments will range from $250,000 to
$1.5 million.
Under the SBA Microloan Program, Bank One provided a $640,000 credit facility to PPEP
Microbusiness, INC., one of the longest running and most successful microenterprise
organizations in the country. Bank One also provided Chicanos Por La Causa (your first stop
in Arizona) with a $500,000 credit facility under the SBA Microloan Program.
ANDREW GORDON, President, Arizona Multibank Community Development Corporation
This CDFI was created by the Arizona Bankers Association. It's initial capitalization of over
$10 million is one of the largest in the nation for a statewide, non-profit, community
development corporation.
Through June 30, 1999, Arizona MultiBank has provided $12.7 million in loans to 203
projects.
Andy joined Arizona Multibank in May 1991.
He was raised in Arizona, attended public schools, worked at his family's grocery store in
downtown Phoenix, and was a VISTA volunteer in rural Nevada, which he says helped shape
his life-long commitment to professionally contribute to the public well-being.
Rep Pastor - Sorry , the Per. did not get Told that
he was Spoord to had theround table.
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ROUNDTABLE PARTICIPANTS
doing,
guat
GENE HUMPHREY, President and CEO, Enron Economic Development Corporation (EEDC)
Enron Economic Development Corporation invests in community development projects that
serve the economically disadvantaged.
Enron Economic Development Corporation seeks to increase wealth through local
entrepreneurship, expanded job opportunities and the creation of a profit-oriented "social
investing" business.
Gene joined Enron in 1990. Established Enron Capital & Trade Resources, an energy
merchant finance company.
Enron has established the Houston Economic Opportunity Fund, a fund similar to the funds
we are trying to encourage. Enron capitalized the fund with $20 million and is trying to raise
additional funds from local investors.
To date, they have invested over $5 million in new businesses, many of them in Hispanic
businesses.
STEVEN BURD, CEO & President, Safeway Inc.
Born in Minot, North Dakota. Son of a railroad executive.
Joined Safeway six years ago after a career in management consulting.
Safeway, based in Pleasanton, California, is one of the largest food and drug retailers in
North America (1,300 plus stores).
Steve has boosted efficiency and service at Safeway, resulting in a 20-fold increase in share
price and adding more than $27 billion to Safeway's equity capitalization.
JOHN CORELLA, President & CEO, Corella Companies
Corella Companies includes Corella Electric (which John founded in 1976 with $250 and a
used truck) and Corella Electric Wire & Cable (founded in 1992 and selected to enter into a
$300 million strategic manufacturing alliance with AT&T to operate a wire manufacturing
facility in Phoenix).
His company is now a $30 million a year producer of precision color coated copper wire.
His former electrical contracting company was an SBA borrower and, in 1986, was named an
SBA "Minority Small Business of the Year."
Corella hired the first high school graduate of the NFL YET Academy.
Served as a mentor to a SELF (Self Employment Loan Fund) participant, Marilyn's Day
Care Center, which grew from 4 enrolled children to a new location licensed for 100
children.
MS. JOSIE IPPOLITO, Co-Owner, La Canasta Mexican Foods, Inc.
La Canasta Mexican Foods Products Inc., was founded in 1962 by Richard and Carmen Abril
(Josie's parents). It began as a tortilla factory that supplied fresh, "hand-made" tortillas to
restaurants. Unexpectedly widowed in 1974, Mrs. Carmen Abril [Lopez] was left alone to
support herself and her seven children. With the help of her children the business continued
to grow - by 1976 tortillas were being shipped into the Midwestern US -- prompting the
expansion of the factory in 1979. In 1981 another expansion occurred into the Minnesota
market area - La Canasta of Minnesota went public in 1991.
One of Arizona's largest manufacturers of tortillas and tortilla chips for the food service
industry. Refrigerated and frozen products are also shipped to distributors throughout the
U.S. under the brand name "My Nana's Tortillas".
The business has over $6 million in sales and employs over 140 people within the inner-city
community.
In February of 1996, in order to meet expansion needs, SBA assisted La Canasta Mexican
Food Products, Inc. via its 504 fixed asset loan program. With the loan from SBA, La
Canasta was able to purchase land and construct a new 25, 000 sq. ft. food processing plant
adjacent to its original 15, 000 sq. ft. manufacturing plant - total cost of $1.2 million.
MYRNA SONORA, General Manager & Vice President, KTVW-33 Univision
KTVW Channel 33 is the Phoenix affiliate of Univision Network, Americas fastest growing
broadcast network, which broadcasts Spanish language programming 24 hours a day,
including local Phoenix newscasts at 5:00 p.m. and 10:00 p.m.
Ms. Sonora comes to Phoenix from her position as Vice-President & News Director at
Univision 23 (WLTV) in Miami, Florida.
Ms. Sonora has acquired nearly 20 years of broadcast journalism experience at several
stations and networks in the South Florida market.
As news director of Univision 23 in Miami, she was credited with creating and implementing
a multi-departmental strategy that integrated the efforts of the Creative Services Operations,
and Promotions and Research Departments, in a successful drive to position Univision 23 as
a leading contender in the Miami news market.
She has been received six Florida Emmy Awards for important broadcasts in which she was
involved.
MIKE WELBORN, President, Bank One Arizona
Bank One is the largest financial institution in Arizona.
Mike joined Bank One in January 1996. Previously, he was a principal at The Venture West
Group and before that was chairman and CEO of Citibank, Arizona.
Mike's community honors include winning the 1998 Anti-Defamation League Torch of
Libert Award. He has served as chairman of Greater Phoenix Leadership, the Super Bowl
Host Committee, Arizona Bankers Association, and Arizona Young President's
Organization.
Mike lives in Phoenix with his wife and three children.
Bank One previously invested in Arizona MultiBank and will be making a $1.5 million new
investment in the LMI SBIC. Magnet Capital will provide growth capital in the form a
mezzanine financing to small business in Arizona. Investments will range from $250,000 to
$1.5 million.
Under the SBA Microloan Program, Bank One provided a $640,000 credit facility to PPEP
Microbusiness, INC., one of the longest running and most successful microenterprise
organizations in the country. Bank One also provided Chicanos Por La Causa (your first stop
in Arizona) with a $500,000 credit facility under the SBA Microloan Program.
ANDREW GORDON, President, Arizona Multibank Community Development Corporation
This CDFI was created by the Arizona Bankers Association. It's initial capitalization of over
$10 million is one of the largest in the nation for a statewide, non-profit, community
development corporation.
Through June 30, 1999, Arizona MultiBank has provided $12.7 million in loans to 203
projects.
Andy joined Arizona Multibank in May 1991.
He was raised in Arizona, attended public schools, worked at his family's grocery store in
downtown Phoenix, and was a VISTA volunteer in rural Nevada, which he says helped shape
his life-long commitment to professionally contribute to the public well-being.
Formerly Senior Vice President of the Financial Services Corporation in New York.
Serves on the Arizona State Housing Commission, the Phoenix Local Initiatives Support
Corp. and the Foundation for Technology Financing.
FRANK TRUJILLO BALLESTEROS, Executive Director of the MICRO Industry Credit
Rural Organization (MICRO)
Mr. Ballesteros has been the Executive Director of the MICRO Industry Credit Rural
Organization - a joint program of Project Portable Practical Educational Preparation
(PPEP) and Microbusiness and Housing Development corporation (PMHDC) -- since
1986.
He is also the Chief Administrative Officer of PMHDC, a U.S. treasury certified
community development financial institution.
An impassioned advocate for microenterprise development, Mr. Ballesteros has testified
before Presidential Task Forces and Congressional Committees.
The MICRO Loan Fund has $5million budget of which $3million is being used by 345
active loan customers in 6 different counties.
MICRO is also responsible for the disbursement of approximately 2, 574 loans -- average
loan amount is $2640 -- to over 1,133 MICRO-enterprises.
The MICRO-cnterprise loans have helped to create over 600 jobs and stabilize over 700
microenterprises.
In 1994, SBA named Frank the Arizona's Minority Small Business Advocate, he was
later named the nation's Minority Small Business Advocate. Four years later, 1998, SBA
recognized the MICRO Loan Fund as one of the "models for excellence to the Vision
2000."
In May 1995, you appointed Frank as a Presidential Delegate to the White House
Conference on Small Business. Later that same year (October 1995), you appointed him
to the Community Development Advisory Board - this is the national board that advises
the Director of the Community Development Financial Institution (CDFI) Fund on
policies regarding activities of the Fund. Finally, in December 1998, the MICRO Loan
Fund was awarded the Presidential award in the "access to Capital" category for its
practices as a high impact, credit-oriented model for promoting micro entrepreneurship in
low-income, rural Arizona communities.
(See your attached remarks from February 5, 1999 ceremony).
In October 1998, Frank was selected by Hispanic Business Magazine as one of America's
100 Most Influential Hispanics.
ROUNDTABLE FOR PHOENIX, ARIZONA
July 8, 1999
5:30 - 6:45 PM
BACKGROUND
The purpose of the Roundtable is to highlight investment
opportunities in Hispanic communities and to bring attention to
many of the positive private sector investment taking place in
South Phoenix.
The moderator will be Rep. Ed Pastor whose district includes
South Phoenix.
Pastor will make brief remarks and introduce YOU.
YOU will begin with brief remarks and then open up the
roundtable to discussion.
Pastor will make closing remarks.
10005 - 554 Fridy United
1100 7 48
800-847-0242
KC52
-AMBX MAVEL-
THE WHITE HOUSE
WASHINGTON
July 6, 1999
TOUR and ROUNDTABLE DISCUSSION at LA CANASTA FACTORY
DATE:
July 7, 1999
TIME:
5:05pm-5:25pm
Tour Factory
5:30pm-6:45 pm
Roundtable Discussion
LOCATION: South Phoenix, Arizona
FROM:
Gene Sperling
I.
PURPOSE
To bring together local government official, local business owners, and CEOs 500
companies to have an open discussion about the most effective way to form a partnership
to help distressed communities.
II.
BACKGROUND
For roundtable script and background on roundtable participants see attachment.
La Canasta Mexican Foods Products Inc., was founded in 1962 by Richard and Carmen
Abril. It began as a tortilla factory that supplied fresh, "hand-made" tortillas to
restaurants. Unexpectedly widowed in 1974, Mrs. Carmen Abril [Lopez] was left alone
to support herself and her seven children. With the help of her children the business
continued to grow - by 1976 tortillas were being shipped into the Midwestern US --
prompting the expansion of the factory in 1979. In 1981 another expansion occurred into
the Minnesota market area - La Canasta of Minnesota went public in 1991. Today, La
Canasta continues to be one of Arizona's largest manufacturers of tortillas and tortilla
chips for the food service industry. Refrigerated and frozen products are also shipped to
distributors throughout the U.S. under the brand name "My Nana's Tortillas". The
business has over $6 million in sales and employs over 140 people within the inner-city
community. In February of 1996, in order to meet expansion needs, SBA assisted La
Canasta Mexican Food Products, Inc. via its 504 fixed asset loan program. With the loan
from SBA, La Canasta was able to purchase land and construct a new 25, 000 sq. ft. food
processing plant adjacent to its original 15, 000 sq. ft. manufacturing plant - total cost of
$1.2 million.
III.
PARTICIPANTS
-
Administrator Aida Alvarez
-
Representative Ed Pastor, moderator
-
Josie Ippolito, President, Owner of La Canasta Mexican Foods, Inc.
-
Mr. Gene Humphries, CEO of ERON Economic Development Core
-
Mr. Steven Byrd, CEO of Safeway
-
Mr. John Corella, Owner of Corella Electric
-
Ms. Myma Sonora, General Manager KTVW-33, Univision
-
Mr. Mike Welborn, President of BancOne Arizona
-
Mr. Andy Gordon, Executive Director, Arizona Multibank
-
Mr. Frank Ballesteros, Executive Director, Micro Industry Credit Rural
Organization
IV.
SEQUENCE OF EVENTS
-
YOU, accompanied by Administrator Alvarez, Representative Ed pastor, and 2
CEO's (TBD) are led on a tour of the facility by Carmen Abril Lopez (One of the
Owners of la Canasta and mother of Josie)and Josie Ippolito. (pool press)
-
Off-stage announcement of Administrator Alvarez and Rep. Pastor.
-
YOU are announced off-stage accompanied by Carmen Abril Lopez and Joise
Ippolito.
-
YOU proceed to your seat at the table.
-
Rep. Pastor, moderator, makes brief opening remarks and introduces YOU.
-
YOU make remarks and open the discussion.
-
Rep. Pastor concludes the discussion.
-
YOU work a ropeline and depart.
V.
PRESS COVERAGE
Tour:
Pool Press
Roundtable: Open Press
VI.
REMARKS
Prepared by Speechwriting
VII.
ATTACHMENTS
Roundtable Script (prepared by the road)
Bios of Roundtable Participants
ROUNDTABLE PARTICIPANTS
GENE HUMPHREY, President and CEO, Enron Economic Development Corporation (EEDC)
Enron Economic Development Corporation invests in community development projects that
serve the economically disadvantaged.
Enron Economic Development Corporation seeks to increase wealth through local
entrepreneurship, expanded job opportunities and the creation of a profit-oriented "social
investing" business.
Gene joined Enron in 1990. Established Enron Capital & Trade Resources, an energy
merchant finance company.
Enron has established the Houston Economic Opportunity Fund, a fund similar to the funds
we are trying to encourage. Enron capitalized the fund with $20 million and is trying to raise
additional funds from local investors.
To date, they have invested over $5 million in new businesses, many of them in Hispanic
businesses.
STEVEN BURD, CEO & President, Safeway Inc.
Bom in Minot, North Dakota. Son of a railroad executive.
Joined Safeway six years ago after a career in management consulting.
Safeway, based in Pleasanton, California, is one of the largest food and drug retailers in
North America (1,300 plus stores).
Steve has boosted efficiency and service at Safeway, resulting in a 20-fold increase in share
price and adding more than $27 billion to Safeway's equity capitalization.
JOHN CORELLA, President & CEO, Corella Companies
Corella Companies includes Corella Electric (which John founded in 1976 with $250 and a
used truck) and Corella Electric Wire & Cable (founded in 1992 and selected to enter into a
$300 million strategic manufacturing alliance with AT&T to operate a wire manufacturing
facility in Phoenix).
His company is now a $30 million a year producer of precision color coated copper wire.
His former electrical contracting company was an SBA borrower and, in 1986, was named an
SBA "Minority Small Business of the Year."
Corella hired the first high school graduate of the NFL YET Academy.
Served as a mentor to a SELF (Self Employment Loan Fund) participant, Marilyn's Day
Care Center, which grew from 4 enrolled children to a new location licensed for 100
children.
MS. JOSIE IPPOLITO, Co-Owner, La Canasta Mexican Foods, Inc.
La Canasta Mexican Foods Products Inc., was founded in 1962 by Richard and Carmen Abril
(Josie's parents). It began as a tortilla factory that supplied fresh, "hand-made" tortillas to
restaurants. Unexpectedly widowed in 1974, Mrs. Carmen Abril [Lopez] was left alone to
support herself and her seven children. With the help of her children the business continued
to grow - by 1976 tortillas were being shipped into the Midwestern US - prompting the
expansion of the factory in 1979. In 1981 another expansion occurred into the Minnesota
market area - La Canasta of Minnesota went public in 1991.
One of Arizona's largest manufacturers of tortillas and tortilla chips for the food service
industry. Refrigerated and frozen products are also shipped to distributors throughout the
U.S. under the brand name "My Nana's Tortillas".
The business has over $6 million in sales and employs over 140 people within the inner-city
community.
In February of 1996, in order to meet expansion needs, SBA assisted La Canasta Mexican
Food Products, Inc. via its 504 fixed asset loan program. With the loan from SBA, La
Canasta was able to purchase land and construct a new 25, 000 sq. ft. food processing plant
adjacent to its original 15, 000 sq. ft. manufacturing plant - total cost of $1.2 million.
MYRNA SONORA, General Manager & Vice President, KTVW-33 Univision
KTVW Channel 33 is the Phoenix affiliate of Univision Network, Americas fastest growing
broadcast network, which broadcasts Spanish language programming 24 hours a day,
including local Phoenix newscasts at 5:00 p.m. and 10:00 p.m.
Ms. Sonora comes to Phoenix from her position as Vice-President & News Director at
Univision 23 (WLTV) in Miami, Florida.
Ms. Sonora has acquired nearly 20 years of broadcast journalism experience at several
stations and networks in the South Florida market.
As news director of Univision 23 in Miami, she was credited with creating and implementing
a multi-departmental strategy that integrated the efforts of the Creative Services Operations,
and Promotions and Research Departments, in a successful drive to position Univision 23 as
a leading contender in the Miami news market.
She has been received six Florida Emmy Awards for important broadcasts in which she was
involved.
MIKE WELBORN, President, Bank One Arizona
Bank One is the largest financial institution in Arizona.
Mike joined Bank One in January 1996. Previously, he was a principal at The Venture West
Group and before that was chairman and CEO of Citibank, Arizona.
Mike's community honors include winning the 1998 Anti-Defamation League Torch of
Libert Award. He has served as chairman of Greater Phoenix Leadership, the Super Bowl
Host Committee, Arizona Bankers Association, and Arizona Young President's
Organization.
Mike lives in Phoenix with his wife and three children.
Bank One previously invested in Arizona MultiBank and will be making a $1.5 million new
investment in the LMI SBIC. Magnet Capital will provide growth capital in the form a
mezzanine financing to small business in Arizona. Investments will range from $250,000 to
$1.5 million.
Under the SBA Microloan Program, Bank One provided a $640,000 credit facility to PPEP
Microbusiness, INC., one of the longest running and most successful microenterprise
organizations in the country. Bank One also provided Chicanos Por La Causa (your first stop
in Arizona) with a $500,000 credit facility under the SBA Microloan Program.
ANDREW GORDON, President, Arizona Multibank Community Development Corporation
This CDFI was created by the Arizona Bankers Association. It's initial capitalization of over
$10 million is one of the largest in the nation for a statewide, non-profit, community
development corporation.
Through June 30, 1999, Arizona MultiBank has provided $12.7 million in loans to 203
projects.
Andy joined Arizona Multibank in May 1991.
He was raised in Arizona, attended public schools, worked at his family's grocery store in
Jowntown Phoenix, and was a VISTA volunteer in rural Nevada, which he says helped shape
his life-long commitment to professionally contribute to the public well-being.
Formerly Senior Vice President of the Financial Services Corporation in New York.
Serves on the Arizona State Housing Commission, the Phoenix Local Initiatives Support
Corp. and the Foundation for Technology Financing.
FRANK TRUJILLO BALLESTEROS, Executive Director of the MICRO Industry Credit
Rural Organization (MICRO)
Mr. Ballesteros has been the Executive Director of the MICRO Industry Credit Rural
Organization - a joint program of Project Portable Practical Educational Preparation
(PPEP) and Microbusiness and Housing Development corporation (PMHDC) -- since
1986.
He is also the Chief Administrative Officer of PMHDC, a U.S. treasury certified
community development financial institution.
An impassioned advocate for microenterprise development, Mr. Ballesteros has testified
before Presidential Task Forces and Congressional Committees.
The MICRO Loan Fund has $5million budget of which $3million is being used by 345
active loan customers in 6 different counties.
MICRO is also responsible for the disbursement of approximately 2, 574 loans -- average
loan amount is $2640 to over 1,133 MICRO-enterprises.
The MICRO-enterprise loans have helped to create over 600 jobs and stabilize over 700
microenterprises.
In 1994, SBA named Frank the Arizona's Minority Small Business Advocate, he was
later named the nation's Minority Small Business Advocate. Four years later, 1998, SBA
recognized the MICRO Loan Fund as one of the "models for excellence to the Vision
2000."
In May 1995, you appointed Frank as a Presidential Delegate to the White House
Conference on Small Business. Later that same year (October 1995), you appointed him
to the Community Development Advisory Board - this is the national board that advises
the Director of the Community Development Financial Institution (CDFI) Fund on
policies regarding activities of the Fund. Finally, in December 1998, the MICRO Loan
Fund was awarded the Presidential award in the "access to Capital" category for its
practices as a high impact, credit-oriented model for promoting micro entrepreneurship in
low-income, rural Arizona communities.
(See your attached remarks from February 5, 1999 ceremony).
In October 1998, Frank was selected by Hispanic Business Magazine as one of America's
100 Most Influential Hispanics.
LEONARD MORENO, Owner, Morena Welding
Moreno took welding classes at the Phoenix Union High School and after a stint in the Army
went to work as a welder. In 1979, he started his own welding business in his garage with
$100. Today his company has 18 employees and in 1998 reported sales of $1.32 million.
Moreno Welding produces barbecue grills and conveyers for such customers as the City of
Phoenix, United Parcel Service, local schools and equipment companies.
In 1996, Moreno Welding was awarded the Minority Enterprise Award in recognition of its
successes.
In 1995, the business was one of the first to provide funding from the HUD-funded, City of
Phoenix Expand program, a loan collaterialization program that encourages lenders to make
loans to businesses that might not have otherwise been able to secure funding. Mr. Moreno
received a $303, 000 loan from First Interstate Bank collaterized by $75,000 from the HUD-
funded Expand program.
YOLANDA KAISER, Owner and President, Builder's Book Depot
Builders's Book Depot, retail, mail order and internet book dealership, specializing in
national distribution of books and publications for the construction, architectural, interior
design, and engineering fields.
Ms. Kaiser served as President of the Arizona Hispanic Chamber of Commerce in 1991 and
1992.
Ms. Kaiser throughout has held several appointments and memberships in affiliations
throughout the community which include:
City of Phoenix Commission on the Economy,
Governor's Strategic Plan for Economic Development,
National Association of Women Business Owners,
Phoenix Chamber of Commerce,
Arizona State University-President's Advisory Group on Enhancing Diversity.
THE WHITE HOUSE
WASHINGTON
July 6, 1999
REMARKS TO THE PINE RIDGE INDIAN RESERVATION COMMUNITY
DATE:
July 7, 1999
TIME:
11:10 am-12:10 pm
LOCATION: Pine Ridge High School Outside Field
FROM:
Gene Sperling
1.
PURPOSE
To highlight the need for public and private commitments that focus on the untapped
potential of the Pine Ridge Reservations and other Native American Communities.
II.
BACKGROUND
Below is a list of deliverables that your speech will touch on:
PRIVATE SECTOR ANOUNCEMENTS IN PINE RIDGE AND OTHER NATIVE
AMERICAN COMMUNITIES
Fannie Mae
$1 million Tri-Party agreement among Fannie Mae, the Ogalala Sioux and Norwest mortgage
that will enable tribal members to purchase homes on trust lands.
Fannie Mae will commit to invest up to $3 million over the next 5 years through its
American Communities Fund, which is an equity investment vehicle.
A Fannie Mae Partnership Office will be opened in Sioux Falls by October 1. Part of the
Investment Plan will be a partnership with the South Dakota Housing Development
Authority for first time homebuyers. Fannie will commit to purchase $35 million in
mortgage revenue bonds. Of this amount, $2 million will be set aside-exclusively for Pine
Ridge residents to purchase homes at below-market interest rates.
Norwest Mortgage
Norwest, in partnership with Fannie Mae, is providing $1.4 million in loans and providing
mortgage counseling to families.
Citibank
Citibank South Dakota announced a $150,000 Citigroup Foundation grant to fund installation
of Classroom, Inc. career simulation software in public schools throughout the state. Under
the program, Classroom, Inc. software will be installed in 125 schools over the next 12-24
months. More than 200 teachers will also receive related computer training.
Bart Harvey, Enterprise Foundation
The Enterprise Foundation is working with HUD on the Pine Ridge effort with the Oglala
Sioux Tribe. Enterprise has also been part of a team of consultants working with HUD and
PriceWaterhouseCoopers to create the non-profit Oglala Sioux Tribe Partnership for
Homeownership.
Gateway
Gateway has agreed to work with the Oglala Lakota Community College to develop a
curriculum and donate materials to teach Indian students data processing and computer
programming. They have committed $50,000 to the program.
Microsoft
Microsoft has agreed to provide over $300,000 in software and to work with the Oglala
Lakota college and the Gateway program to deliver training to five reservations.
The Native American Homeownership Initiative
The Mortgage Bankers Association will team with Countrywide, Norwest, Banc One,
FirstStar, M&T, National Bank of Alaska, Washington Mutual, and Bank of America and
other private mortgage lenders mortgage lenders to more than double the number of
government insured or guaranteed home mortgages in Indian Country for each of the next
three years. This Initiative will mean 1,000 additional Native American homeowners.
Bank One
BancOne Capital Markets and George K. Baum & Company have committed to underwrite
$300 million in bonds per year for the next five years to raise funds to be lent to tribes, tribal
housing authorities and individual Native American homebuyers. This new initiative will
also result in lower interest rates on mortgages in Indian Country.
Mortgage Insurance Companies of America's Five Year Alliance with Tribes
Members of the Mortgage Insurance Companies of America (MIC) will work to meet the
homeownership needs of Native Americans. In all, commitments include insuring a total of
$37 million of home mortgages. Commitments under this initiative include:
Republic Mortgage Insurance Company will launch the Native American "Financial
Independence" pilot project, which will begin by giving 2,000 Pine Ridge students each year
the financial knowledge and tools they need to achieve their financial independence.
The PMI Mortgage Insurance Company recently announced that it has expanded its Native
American mortgage insurance initiative nationwide and increased the amount of the
commitment by $20 million. PMI is insuring home mortgages for members of four Indian
tribes and is negotiating with others. Under the initiative, PLMI agrees to insure loans that
require as little as 1% downpayment from the homebuyer with flexible underwriting
guidelines and risk shared between the Indian tribes and PMI. Over 76 loans have already
been made and over 100 loans are in process.
GE Capital will start a pilot program to insure $2 million in mortgage loans in Indian
Country.
The Mortgage Guaranty Insurance Corporation will create homeowner education courses for
the tribal colleges and develop new home financing mechanisms tailored to the specific needs
of Native Americans.
New $6 Million Manufacturing Facility
Champion Enterprises has partnered with the Gila River Indian Tribe to open a new $6
million manufactured housing facility on the Gila River Reservation in Arizona. When it
begins operations in late July, the plant will employ approximately 300 new workers.
Champion is actively recruiting members of the Gila River Tribe to fill those jobs.
State of the Art Construction Certification Program for Tribal Colleges
Owens Corning and all of the nation's tribal colleges will work together to bring the Certified
Energy Professionals program to Indian Country. This program will offer Native Americans
the chance to become certified experts in energy efficiency in homes and the latest
construction technologies.
Owens Corning will train instructors from every tribal college on housing technology and
energy efficiency and on the best methods for teaching their students in these areas.
North American Steel Framing Alliance
The North American Steel Framing Alliance, Amity and Worthington Industries will help
establish job training courses in steel framing at all of the tribal colleges.
The companies will also facilitate business relationships between other private companies in
the construction industry and Native American economic development organizations.
Cellular Telephones Industry Association's Wireless Foundation
CTIA's Wireless Foundation has announced its commitment to expand its three national
programs to help address some of the communications challenges facing Native American
communities.
Over the next year the wireless industry has agreed to donate 1,000 phones and airtime to
improve education and other community activities on Indian reservations across the country.
The United States Telecommunications Training Institute
At the request of the FCC, the United States Telecommunications Training Institute, a non-
profit venture between leading U.S. communications corporations and the federal
government, will provide training and advice to Native Americans. The USTTI provides
tuition-free training each year to communications officials throughout the developing world.
PUBLIC SECTOR ANNOUNCEMENTS IN PINE RIDGE AND OTHER NATIVE
AMERICAN COMMUNITIES
Federal Communications Commission
Informed by recent field hearings, the FCC will be announcing in August several regulatory
solutions and begin a rulemaking proceeding to improve universal service support for
telecommunications in underserved areas, including Native American reservations.
The FCC is also working to secure a spectrum sharing arrangement with the Dept. of Defense
that will allow underserved and unserved reservations to benefit from wireless
telecommunications services.
United States Department of Agriculture
The Department of Agriculture has designated an Empowerment Zone on Pine Ridge and 9
Enterprise Communities in Indian Country. The signing ceremony for the Empowerment
Zone and Enterprise Communities will occur during the Pine Ridge Summit.
The Rural Utilities Service (RUS) has committed to hold workshops to improve
telecommunications and utility infrastructure in Indian Country. RUS is the federal
government lead agency to promote reliable, affordable utility services in rural America.
The U.S. Department of Agriculture's Water 2000 initiative seeks to bring running water and
sewer systems to Indian Country. Current plans include 12 water projects in 8 states with a
total of $15.9 million in loans and grants.
Department of Housing and Urban Development
HUD will expand Ginnie Mae's successful Targeted Lending Initiative (currently available
only in Empowerment Zones and Enterprise Communities) to increase lending in Indian
Country by $1.5 billion. Targeted Lending attracts mortgage lenders by cutting the fees they
pay to place their loans in Ginnie Mae securities by up to 50%.
HUD has awarded 28 grants totaling $8 million to Native American run non-profits and
tribes. The grants will go toward projects such as new housing, utilities, water and sewer
lines, as well as economic development projects such as a revolving loan fund and
partnership for economic development.
HUD's new program, Homeownership South Dakota, a five-year, $650 million investment
plan, will finance affordable housing for 7,500 families. The plan is a comprehensive strategy
to assist the state in addressing its housing needs by expanding the capacity for single-family,
multifamily and new construction lending.
Federal Home Loan Bank of Des Moines
The Federal Home Loan Bank of Des Moines will award $1.3 million in grants to the Oglala
Sioux Tribe Partnership for Housing, the Rosebud Housing Authority and the Native
American Advocacy Project. The Oglala Sioux will use their grant of $499,000 to build 45
new single-family homes in Pine Ridge.
Construction of Lakota Sioux Heritage Culture Center
The National Park Service will request $12 million to construct the Lakota Sioux Heritage
Culture Center Complex to replace the current White River Visitor Center on the Southern
Unit of Badlands National Park. The new Center would attract tourism and display the
culture and heritage of the Tribe. The new Center would serve as a link between Mount
Rushmore and Wind Cave National Park. The project also would bring revenue directly to
Pine Ridge because the new visitor center will contract for its concessions services with the
Oglala Sioux Tribe.
The Departments of Labor, Defense, Transportation, Interior, and the State of South Dakota
are partnering to build and repair the roads leading to the new Center. These agencies are
looking into providing job training to the Oglala Sioux Tribe in construction related to the
roads and visitor center as well as to build skills for the long term.
III.
PARTICIPANTS
-
Secretary Andrew Cuomo
-
Secretary Daniel Glickman
-
Senator Thomas Daschle
-
Senator Tim Johnson
-
Rep. John Thune
-
Frank Raines, CEO, Fannie Mae
-
Harold Salway, president, Oglala Sioux Nation
-
Tribal leadership TBD
IV.
SEQUENCE OF EVENTS
-
Off-stage announcement of Secretary Cuomo, Secretary Glickman, Senator
Daschle, Senator Johnson, rep. Thune, Frank Raines and Tribal Leadership TBD.
-
YOU are announced off-stage with Harold Salway.
-
Opening Prayer is offered.
-
Traditional pipe ceremony.
-
Secretary Cuomo makes brief remarks.
-
YOU and President Harold Salway exchange gifts.
-
Harold Salway makes brief remarks and introduces you.
-
YOU make remarks, work a ropeline, and depart.
-
There will be approximately 1000 guests.
V.
PRESS COVERAGE
Open Press
VI.
REMARKS
Prepared by speechwriting.
So Corosto
[email protected]
06/30/99 04:33:40 PM
Record Type:
Record
To:
Lisa Green/OPD/EOP, Laura A. Graham/WHO/EOP
CC:
Subject: FW: phoenix new markets - Background on La Canasta
FYI
Original Message
From: Hodge, Millicent Y.
Sent: Wednesday, June 30, 1999 3:59 PM
To: "[email protected]'
Subject: RE: phoenix new markets - Background on La Canasta
Background on La Canasta:
La Canasta Mexican Food Products Inc.
3101 West Jackson
Phoenix, AZ
(602) 269-7721 (602) 269-7725 FAX
Contact: Josie Ippolito
Details:
1. Located in EC Zone (being confirmed by HUD)
2. SBA borrower
3. Success story
4. New Markets appeal
5. Good press potential
6. Strong SBA supporter
SUCCESS STORY COMMENTS: Founded in 1962 by Richard and Carmen Abril, La
Canasta Mexican Food Products, Inc. began as a tortilla factory that
supplied fresh, "hand-made" tortillas to restaurants. Unexpectedly widowed
she will lead
in 1974, Mrs. Carmen Abril Lopez was left alone to support herself and her
seven children. With help from her children, the tortilla business
town
continued to prosper and grow. In 1976, tortillas were being shipped into
the midwestern United States, prompting the expansion of the factory in
1979.
By 1981, La Canasta tortillas were so well known in the midwest that another
expansion occurred into the Minnesota market area. La Canasta of Minnesota
went public in 1991. As of today, the Minnesota tortilla manufacturing
maintains operations under the name of SPARTA FOODS. In Arizona, La Canasta
Mexican Food Products, Inc. is owned by Mrs. Carmen Abril Lopez and her
three daughters, Josie Ippolito, Diane Mendoza and Linda Rios. Day to day
operations are handled by the three daughters. The other familiy members,
Richard Abril, Sylvia Menchaca, Lydia Abril and Leticia Abril, each own
their very own La Canasta restaurant!
La Canasta Mexican Food Products, Inc. continues to be one of Arizona's
largest manufacturers of tortillas and tortilla chips to the foodservice
industry. The business has over $6 million in sales and employs over 140
people within the inner-city community. In February, 1996, in order to meet
expansion needs, SBA assisted La Canasta Mexican Food Products, Inc. via its
504 fixed asset loan program. La Canasta was able to purchase land and
construct a new 25, 000 sq. ft. food processing plant adjacent to its
original 15,000 sq. ft. manufacturing plant -- total project cost of $1.2
million.
La Canasta Mexican Food Products, Inc. currently produces over 800,000 flour
and corn tortillas and tortilla chips DAILY. Refrigerated and frozen
products are also shipped to distributors throughout the U.S. under the
brand name "MY NANA'S TORTILLAS". For over 36 years, La Canasta has used
the "original" tortilla recipe known throughout the country. Special
emphasis has always been to provide its customers with QUALITY HOMEMADE
TORTILLAS and OLD-FASHIONED CUSTOMER SERVICE! With the capability to
provide "custom-made tortillas per customer specifications, La Canasta
customers have come to expect the BEST tortilla products and this is what La
Canasta delivers - - "with HISPANIC PRIDE!"
Original Message
From: [email protected] [mailto:[email protected]]
Sent: Wednesday, June 30, 1999 3:39 PM
To: [email protected]
Subject: phoenix new markets
Hi Millicent. My name is June Shih and I am the new speechwriter for this
portion of this trip. will you pls. add me to your email list; can you
also email/fax (456-5709) whatever background you have on la canasta (the
tortilla factory) thanks.
- att1.htm
JUL-03-1999 08:43
PHOENIX STAFF ADV
16027440330
P. 001
3101 WEST JACKSON
6.2223
OFFICE: 602-269-7721
PHOENIX, AZ 85009
Mexican CANASTA
Lisa
FAX: 602-269-7725
Mailing Address:
Green
P.O. BOX 6939
PHOENIX, AZ 85005
Pri-
Renehan
Dear Mr. President and Staff,
On behalf of South Phoenix, Small businesses, Woman owned businesses and the
Hispanic community, We would like to thank you for recognizing the need for Fe: eral
assistance within the South Phoenix business community, the " Enterprise Zone Area."
I would like to outline a few items for your consideration in developing the
" New Markets Plan program.
RED TAPE - We understand the need for qualification evaluation, however
sometimes the qualification process is too cumbersome, complicated, and time
consuming which discourages the potential recipient from going through with 1 ne
qualification and evaluation process.
EXISITNG SMALL BUSINESS CLASSIFICATION- Existing Small businesses
should have a separate set of requirements that are reasonable to qualify.
Many of us have been providing employment to the South Phoenix community for
years and would like to have the ability to qualify for the same Federal tax cuts : nd or
low interest loans to expand their existing businesses as those New Businesses 1 at are
being solicited to the blighted areas.
FEDERAL PROGRAM ANALYIS- A study should be done to evaluate the existing
business sizes in the South Phoenix area to insure that any program developed vould
be structured to qualify both existing and new business development for South
Phoenix. In our case for example, we do not qualify for certain programs becau e we
are either too small, or too large of a company.
JOB TRAINING PROGRAMS - New and existing businesses have the on goint;
challenge of employee shortages. Job training tax incentives should be conside ed in
structuring the Job training programs.
PROPERTY ESTHETICS - Funds should be made available to upgrade the prc perty
Esthetics. This should include monies for the City to beautify the neighborhood and
business surrounding. This would help in having people take pride in ownership This
would also make people feel proud of where they work and live.
large enough to meet your needs,
small enough to care!
TOTAL P. 001