VOLUME 24, NUMBER 8 $2.00 August 2012
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President Al Karnig and President Clinton to Speak at C3 Summit
Riverside Appoints Al Zelinka as Community Development Director Chamber Applauds Appointment of Al Zelinka as City’s New Community Development Director. Riverside City Manager Scott Barber recently announced the appointment of Al Zelinka as community development director. Zelinka is presently Al Zelinka community development director in the city of Fullerton and has over 20years of planning and community development experience in both the public and private sectors. As community development director, Zelinka will lead the city’s planning, building, code enforcement and development programs. Zelinka holds a master of regional planning from Cornell University and a bachelor of science in public planning with a minor in business administration from continued on page 39 MAIL TO:
Bill Clinton
Albert Karnig
Albert Karnig, having recently retired as president of California State University San Bernardino, will jumpstart his “golden days” as a speaker and panel chair at the “C3 Summit 2012: The 21st Century Business Challenges in U.S.-Arab Opportunities,” being held in New York City on Sept. 13-14, 2012—a U.S.-Arab Global Event. President William Jefferson “Bill” Clinton, 42nd president of the United Sates will be a keynote speaker. Other confirmed speakers will include: • Paula Cox (Premier, Bermuda) • His Excellency Abdullah A. Zainel Alireza (former Minister of Commerce and Industry of the Kingdom of Saudi Arabia) • David Hamod (President and CEO, The National U.S.-Arab Chamber of Commerce) • Tim Cook (CEO of Apple) For further information regarding the summit and additional speakers, visit www.c3-summit.com.
Redevelopment Funding to Cover Completion of Riverside Projects Construction of local community improvement projects to be completed with former redevelopment agency funding Riverside was successful in securing $25.7 million in former redevelopment funding needed for the completion of local communiFuture “Renaissance Block” will include the Coil School for the Arts and the Center ty projects. The chamber has supported the for Social Justice & Civil Liberties development and implementation of the city’s Renaissance Initiative, and is pleased that the improvement can move forward. The state’s Department of continued on page 39 Finance overturned its earlier deci-
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A $15.2 Million Industrial Sale/Lease in Ontario NAI Capital industrial specialists Philip T. Attalla and Richard Horn with the Commerce office represented the buyer, CenterPoint Properties, a real estate asset management company owned by CalPERS and based in Chicago, Illinois, in the pur-
chase of a state-of-the-art, 106,055-square-foot, food grade industrial building located at 2539 East Philadelphia Avenue in Ontario, from the Seller, Legacy Property Management LLC. In conjunction with the sale, Attalla and Horn also represented the tenant, Passport continued on page 21