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                     Office of the Press Secretary
                         (Aboard Air Force One)
For Immediate Release                                        May 3, 2000

The President today announced his intent to designate Greg Farmer, Lawrence Parks and Madeline McCullough Petty to the National Capital Revitalization Corporation Authority.

Mr. Farmer, of Tallahassee, Florida, is currently Vice President of Government Relations and International Trade for Nortel Networks. He also served as Director of Government Relations for Nortel Networks from 1989 to 1991. Mr. Farmer served as Under Secretary of Commerce for Travel and Tourism from 1993 to 1996. He also served as the Secretary of Commerce for Florida from 1991to 1992. Mr. Farmer received a Bachelors degree from Florida International University and a Masters from Florida State University.

Mr. Parks, of Washington, D.C., is currently Senior Vice President for External and Legislative Affairs for the Federal Home Loan Bank of San Francisco. He is a former advisor to Secretary of Commerce Ron Brown. Mr. Parks has also served as the Director of the Mortgage Bankers Association and as Counsel to the Senate Banking Committee. He received a BA from Temple University and a JD from Yale Law School.

Ms. Petty, of Washington, D.C., is the Director of the Washington, DC office of the Enterprise Foundation. The Foundation works with partners to provide affordable housing, safer streets, and access to jobs and childcare for low-income people. Prior to joining the Enterprise Foundation, Ms. Petty was the President and owner of MPA, Inc., a small community development and management consulting firm. From 1980 to 1987, she held positions as the Administrative Officer, Deputy Director, and Director of the D.C. Department of Housing and Community Development. Ms. Petty received a BBA from Texas Southern University and a MPA from Howard University.

The National Capital Revitalization Corporation Authority is an economic development authority for the District of Columbia. The general purpose of the Corporation is to retain and expand business located within the District, attract new business, and induce economic development and job creation.