December 1995 Inland Empire Business Journal
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California State University, San Bernardino CSUSB ScholarWorks Inland Empire Business Journal John M. Pfau Library 12-1995 December 1995 Inland Empire Business Journal Follow this and additional works at: http://scholarworks.lib.csusb.edu/iebusinessjournal Part of the Business Commons Recommended Citation Inland Empire Business Journal, "December 1995" (1995). Inland Empire Business Journal. Paper 91. http://scholarworks.lib.csusb.edu/iebusinessjournal/91 This Article is brought to you for free and open access by the John M. Pfau Library at CSUSB ScholarWorks. It has been accepted for inclusion in Inland Empire Business Journal by an authorized administrator of CSUSB ScholarWorks. For more information, please contact [email protected]. VOLUME 7, NUMBER 12 DECE:-1BPR !995 S2.00 At Deadline I A Cahforma State University, orne $32 7 nulhon 111 re\ enue that auhnes pay too much in Los Atrports to f1x any fin,mCiotltmpropn· Long Beach economic forecast from Ontario International Angeles lntemottional Auport !.mdmg eties. released :-;o,. 30 says Riverside, San SAirport ,mc.I the three other a•r• fees anc.I hould he refunded $5.5 mtl However, Ontario cuy offtc1.:lls Bem,mhno and Los Angeles counties ficlc.Is owned hy the Los Angeles lton. Admmistraltve I aw Judge .,,ud they \\ere confident that some "ill lead the Southern C.tltfnrm.t Dcp~rtmcnt of Airporto; was m1sused Burton S Kolko of Washmgton D C $80 m11lion in federal fundmg would regiOn's recovery c.Iunng 1990 ,mc.I over .1 rhrce-yeM span, federal .tudit also ch llsed auport ofltLials for not be cut off for the new, $300 mtl 1997 says. usmg lanc.Img fees as o1 re\ enue pro hon termmal Byron Ely, Ontano KEYNOTE SPEAKER !\teanwhile, Or,mge Jnd Vcnturot The aud1t, rele,tsed Ot1. 30. found ducer for uty poltce and lue dep.trt d1rector of development, pomted out counlles \\Ill lotg slightly behmd, th,lt much ef the money "Was \Hong!) ments. Department of Airports ofh that the bulk of fund ng for the pro If you Make Just One MARCIA CLARK according to the second annual d1verted to Los Angeles cuy depart c•als Solid the rultng \\Ill he olppcJled JCCt 1s through a spec1al fee to~c.ked "Economic Forecast for Southern ments, su1..h as pohce and fne Bes1des ONl the Cit) of los onto ,mime tickets, ots well as hondo; Investment All Year, SPEAKING ON Californi.t ,md Its Counlles ' The further, the report adv1ses that pre Angeles owns the Los Angeles sold bv the ctty of I 05 Angele~ NU)S Ofhc1.1ls of anhncs opcrutmg at report \\oilS releasec.I b) the Oflice of venia live m ures should be tot ken to lnkmoliiOnotl, Palmc.Iale and v.m the Ont,mo 31rport have long c.on GENDER & JUSTICE EconomiC Res arch Jt Cal State, av01c.l the cut-off ef millions ol dol a1rport Make It In Yourself. tendec.I that the) would support the I ong Beach. lars in federal fund ng for transporta Regardmg the f Jer.1l otudtt termmal proJect onl) 1f ttmcluded the "These numhers reflect contm tion pwjects, mclud ng the two-hu•ld• report fmdmgs, the lnspedor $80 m1l ton m federal avmtlon funds STOP ued strengthcnmg of the manufadur lllg termmal under construcllon oil Generals Off1ce recommended that !'he A1r Tra!l">port A-;.soC!allon, a mg ector, combmed wtth sust.uned Ontano the Federal Avwuon Admm1slrauon Then, m late !'o' ember, a tederal become a beuer watchdog anc.I force DONT' MISS OUT!! ON THE 6TH ANNUAL Conrmued n Page 9 Con11nutd on Pag~ 69 the Los Angeles Department of JUd0 e 1ollowed wtth o1 tentottive rulmg Clo<ol! Up : Douglas La Bclk WOMEN & BUSINESS EXPO (Pic.tsc 'C" Page") ecogmzmg the1r contnbu C'I!Jpter, each hsted here along \\ tth PomonJ, \\ere recognued a Ye.s, Jt\ that lime ag,un" You 'll he sure to v.antto allend the Inland F:mpm! Bull/It'\.,. Journal\ stxth annual Women & Busmess Expo! llons to "improving the quah the orgamzallons for whlth the) drew Outstanding Ph1lanthrop1c;t Thts year's nentts '-<:hedulcd tor f·nday, M.ty 17th, 1996 at the Rtverstdt• Conventum Center. We have a very excitmg program planned for ry of hfe for people 111 the spcctfic pr.use, mcluded Burdelle and I he couple made the lcader'ihtp & I Bu~ine~~ R lhts yeltr's Women Bu tne" Expo. can't remember a spect.tl e\Cnl v.c 've been more cxcttcd ahoutthan the 1996 Women & Inland f:.mp1re," the ••tllonal Soc1cty Helen Bmleau (LeRo> II ) nes Center g•ft that llllllolted the L..eRo) llo~ynes Expo lls our Keynnte Spedkcr is .'\1arcia Clarl- 1 Over 4,000 were turned uv..ty v.hen ~~b . Clark spoke recently at the Long Beach Women's of Fund R.nsmg Execullves honored for Ch1ldr n and htmll] SeT'. 1ces 111 Center's Chant.. ble Rcmamder Conference sponsored hv the Governor\ Offtce. Thts year our proJection wtll he approximately ~~~()() allcndces We arc exctled about the La Verne), Ted Po\\ers (lltllvle"W Annuity Tru-;t l'lanneJ Givmg r~ponse from the busmcs.s communuy to the Women & Busine" Expo. The purpose of the Women & Bw.iness Expo is to bring together four md1V1duals and two organiZtt· profesSional women to learn, share tdc:ts, and establish quahty relattonshtps Wtlh other profcsstonal women who truly destre to improve the t10ns on 'ov 14 ott the Sun Ac.res Ch1ldrens Home m Chmo), Program Also, the B01leaus ha\ e quality of hvmg and dmng husinc"' tn the Inland Emptre. Bernotrdino ll•lton. Included were 17- E L Yeager Cono;trucuon Compan)' helped to further the mtss1on of other year-old Cory Harner of San (the River<;!de Commuml) and local non profit orgamzat10ns, such There are several opportunities to become involved with the Women and Bu\iness Expo 1996!!! Bernardino and longtime loc.1l bene Mountam Commumt)' hospttal foun s the Mt Bald) Umted Way, • Corporate sponsorshtps (cut-of! date: Jan. 10, 1996) factor £:. L Yeager Construc.hon dauons), Hafif Famtl} Foundauon Pomona Valle> YMCA, Pomon.1 (Umverslt) of La Verne); and Harner Ch pter Amcncan Red Cro s, Tnmty • Booth sponsorshtps (first come, first ser•cd) Company of R1Vers1de fhose singled out by the (Chtldren's rund, San Bernardino). • Adverttsmg tn "special " women's supplement m the Inland l:mp1re Bumu:ss Journal ~SFRL-'s Inland Burdette and Helen Boileau, of Conrmued on Pagt· 69 Please call for further information on tbe above opportunities. Call now for information, on booth or sponsorship opportunity! ec.Ilanc.Is Centennial Bank Features include a bnck masonry REGISTI{ATION- ""WoMEN & BusiNEss Ex1.. o 1996" broke grounc.l in !'\ovember front anchored at the base of columns R on u n~'\\ h.mk building in hy green marble, arched doors and Rrptntioa rrr iltdad<S. lunch, three lcarrung work· ' ·- -·-----·--1 downtown Rcc.Ilands-the first con \\ inc.Iows, anc.I a second-story with an mop.. rwo krynol< ipQlm and lltlWrdmg struction in the core of the historic e,uly Rec.llands-style verandnh on f'rt.R.. l'tnboo Rtqoind · Name T1tle State Street nreot in nearly 15 year . each s1de of a large, arched window. The ruU-dJy pn:•r<gJSIDUOD COS! IS $99 per person Comp•n) Org•ntLAIIon Under general contractor Zander The bank was founded five years Company t.blc:s $720 (Group of 8) ~cphon:..e----- Add"''' Fa. Smith Con tructlon Company, the ago by a group of Redlands resident'> R1vemdc Conventron Qntcr LOCAno!'c l'.!} 8,500-square-foot building 1s going anc.I husines.<> people soon after the 344) Or.. gc Street, R•vcrstdc:, CA Bank of Redlands was acquired by (behind tbc Hotidoy Inn) Conference Rcg.,trallon S'19 per person up aero s the street from Redlands Comp•ny table of (H) at S720 Centenmal's pre ent location at State Pasadena-based Community Bank. MAIL OR fAX PAYMENT AND R£GISTRA110'1 I •m cnclosmg my check I mont) order lor the amount ol S and Seventh streets. Rcdlanc.ls Centennial bank has report fORM TO: cc.I eight straight quarters of profit, lnt ..d Empue Busmess Journal Plc;ose charge my (cudc one) M.utcrcard VISA The building, c.Iestgned hy local and 11 received the Fmdley Repo11's 8560 Ymeyard Ave. Sune 360 II hp Date architect Gary Stegemann, is planned Rancho Olcamonga, CA 9 I 730 "Premier Performing" award as well S•gn•turc Artist\ m 11Jering shllws the tunt-{}f-the<CTIIrll)' arclutecture ofanew Redullllis to complement the area's tum-of-the (909) 484-9765 'Fax(909) 391-3160 as a five-star rating from Bauer CenJt'llllial Bank huilditrg, now heing huill ur the heart oftkM1IIlM71 Redlands. For century architecture. more news oo Jnlond Empire banking, please !i('l? pages JJ.J9. Financial reports . .A. DECEMBER 199 DECEMBER 1995 PAGE 4 • INL..AI"D EMPIRE· BUSII\OESS JOURSAI 5 INLAND EMP IRE BUSINESS JOURNAL • PAGE 5 This Month in the IEBJ We're Making ONT Terminal Funding Up in Air Again? 3 ALSO ... Federal audit finds that the Los Angeles Department of Airports At Deadline WHY WATCH NEW m1sused $32.7 million m revenue, 3 ra1stng new questiOnS about fundmg Bankruptcies for Ontario International Airport's 16 YEAR'S EVE ON new terminal. California Venture Forum 58 Banking on the Inland Empire 19 Temecula assets management expert Chamber of Commerce 14 THE l \!7 Business Loans! says there's a number of good rea sons to be bullish on the region's • Term Loans Classifieds 15 economy for 1996.