Arco Donation

I would like to take this opportunity to applaud Arco’s efforts in serving the riot-torn areas of Los Angeles through its generous investment in Founders National Bank (Dec. 17). Arco’s continuing dedication to serving the community, as illustrated in your editorial “Putting Money Where the Mouth Is” (Dec. 18), reflects the company’s deep commitment to restoring investment and opportunity in the affected areas of Los Angeles.

In order to properly address the real problems of distressed areas, the different communities and organizations of Los Angeles must come together in the spirit of unity and togetherness. The leadership and initiative shown by Arco’s donation is just the first step.

GARY N. CONLEY

President, Los Angeles County

Economic Development Corp.