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Lance Drummond

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NEWS
November 18, 1992 | JOHN MITCHELL
In September, Lance E. Drummond, chairman of Economic Resources Corp., a nonprofit, Lynwood-based company, announced that he had signed a joint-venture agreement with Kansas City-based American Multi-Cinema Inc. (AMC), a major national theater chain, to operate movie theaters in South Los Angeles. The joint venture has been applauded as a model approach to solving the nagging problem of attracting new businesses into the city's beleaguered urban core. For years, Economic Resources Corp.
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NEWS
November 18, 1992 | JOHN MITCHELL
In September, Lance E. Drummond, chairman of Economic Resources Corp., a nonprofit, Lynwood-based company, announced that he had signed a joint-venture agreement with Kansas City-based American Multi-Cinema Inc. (AMC), a major national theater chain, to operate movie theaters in South Los Angeles. The joint venture has been applauded as a model approach to solving the nagging problem of attracting new businesses into the city's beleaguered urban core. For years, Economic Resources Corp.
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BUSINESS
January 3, 1989 | JUBE SHIVER Jr., Times Staff Writer
In the 12 years that Gregory B. Boyd spent working in corporate lending departments at banks in California and Texas, his employers helped finance only one minority business. Now, as a principal of a new Los Angeles venture capital fund, Boyd hopes to improve the odds for cash-strapped minority entrepreneurs. Backed with $500,000 in seed money from Lynwood-based Economic Resources Corp.
BUSINESS
January 3, 1989 | JUBE SHIVER Jr., Times Staff Writer
In the 12 years that Gregory B. Boyd spent working in corporate lending departments at banks in California and Texas, his employers helped finance only one minority business. Now, as a principal of a new Los Angeles venture capital fund, Boyd hopes to improve the odds for cash-strapped minority entrepreneurs. Backed with $500,000 in seed money from Lynwood-based Economic Resources Corp.
NEWS
September 3, 1992 | Lee Harris
CITY COUNCIL APPEAL DENIED: Denied an appeal by the Miracle Mile Action Committee that opposed a parking variance granted for construction of a senior citizen building at 404 Cochran in the Park La Brea area. The variance allows 14 parking spaces instead of the required 38 spaces. APPOINTMENT: Approved the appointment of Samuel L. Williams to the board of telecommunication commissioners. Williams replaces Lance Drummond on the five-member commission. His terms ends June 30, 1997.
BUSINESS
September 14, 1992 | JOHN L. MITCHELL, TIMES STAFF WRITER
A major national theater chain and a black-owned Los Angeles theater have agreed to a joint venture to operate movie theaters in South Los Angeles, promising a major boost to the area's regional shopping mall and a significant expansion of its entertainment options. The deal between the Baldwin Theater--the nation's only first-run, black-owned movie house--and Kansas City-based American Multi-Cinema Inc.
NEWS
August 29, 1993 | SCOTT SHIBUYA BROWN, TIMES STAFF WRITER
In the aftermath of last year's riots, the joint venture formed last September to bring a movie theater complex to the Baldwin Hills Crenshaw Plaza was more than just a deal. It was a hopeful symbol of the city's commitment to rebuild and heal itself. If all went well, the struggling shopping center at the heart of the city's largest and wealthiest black community would finally have the traffic-generating theater its merchants were crying for.
CALIFORNIA | LOCAL
December 7, 1989 | JANE FRITSCH, TIMES STAFF WRITER
The Los Angeles Telecommunications Commission has threatened to revoke the franchise of the troubled Century Cable Co. if its executives cannot prove over the next month that cable service will be vastly and quickly improved. In an unusual move after a rancorous public hearing Tuesday night, commission President Lance E. Drummond said he and another commission member will meet with Century officials to demand a specific plan for improvements to Century's three aging systems.
CALIFORNIA | LOCAL
August 29, 1993 | SCOTT SHIBUYA BROWN, TIMES STAFF WRITER
In the aftermath of the riots, the joint venture formed last September to bring a movie theater complex to the Baldwin Hills Crenshaw Plaza was more than just a deal. It was a hopeful symbol of the city's commitment to rebuild and heal itself. If all went well, the struggling shopping center at the heart of the West's largest and wealthiest black community would finally have the traffic-generating theater its merchants were crying for.
NEWS
August 29, 1993 | SCOTT SHIBUYA BROWN, TIMES STAFF WRITER
In the aftermath of the riots, the joint venture formed last September to bring a movie theater complex to the Baldwin Hills Crenshaw Plaza was more than just a deal. It was a hopeful symbol of the city's commitment to rebuild and heal itself. If all went well, the struggling shopping center at the heart of the West's largest and wealthiest black community would finally have the traffic-generating theater its merchants were crying for.
NEWS
May 5, 1992 | PATRICK LEE and JUBE SHIVER JR., TIMES STAFF WRITERS
Several major Los Angeles businesses jumped in Monday with a range of plans to help rebuild riot-torn areas of the city, while criticism continued to mount against the embryonic redevelopment efforts headed by former baseball Commissioner Peter V. Ueberroth.
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