The Leading Voice of Business in Orange County                                                                                   Tuesday, December 1, 2015
TURNING RED TAPE INTO RED CARPET AWARD WINNERS HONORED 

CLICK HERE  for descriptions of each of the award winners. For more information, contact Matt Petteruto, Vice President, Economic Development. 
BREAKING NEWS: A DEAL ON TRANSPORTATION FUNDING, EX-IM 
Lawmakers in the U.S. House and Senate announced today that they have reached an agreement on a compromise highway bill that would extend federal transportation funding for five years. The bill faces a December 4 deadline for the House to consider it and is known as the Fixing America's Surface Transportation Act (FAST). It calls for approximately $205 billion on highways and $48 billion on transit projects over the next five years. The bill also contains reauthorization for the Export-Import Bank, which expired June 30. The bank supports over 164,000 jobs, $27.4 billion in U.S. exports in 2014, and generated $7 billion  in profit over the last decade to the U.S. Treasury. Neither chamber is expected to have much trouble passing the bill, given the pending deadline and bipartisan support for infrastructure spending. OCBC has long supported a long term highway funding bill as well as the reauthorization of EX-IM. We applaud the work of the Conference Committee that included local Rep. Loretta Sanchez and urge all of Orange County's congressional delegation to support the bill. The House is expected to take an up or down vote in the next day or two, while the Senate will consider it sometime next week. For more information, contact Bryan Starr, Senior Vice President, Government Affairs and Matt Petteruto, Vice President, Economic Development. 
CA ASSEMBLYMEMEBER PATRICK O'DONNELL TALKS EDUCATION WITH OC LEADERS
OCBC's Workforce Development Committee and Community College Working Group held a joint meeting November 18 with The Honorable Patrick O'Donnell, California Assembly, 70th District and Chair of the Assembly Education Committee. Assemblymember O'Donnell addressed the committee on key issues facing California's workforce, especially the need to focus on preparing students to be workforce-ready. He acknowledged that treating every high school student as though they are going straight to a four-year college or university is an outdated practice and curriculum should encompass programs for students heading into certification programs that are tailored specifically to employer needs. Representatives from local higher education institutions voiced their concerns, as well as discussed programs that are working at their schools that can be replicated. For more information, contact Alicia Berhow, Vice President, Workforce Development and Advocacy.
OCBC'S ALICIA BERHOW ELECTED VP OF CA BOARD OF ACCOUNTANCY
OCBC is pleased to announce that Alicia Berhow, Vice President, Workforce Development and Advocacy  was elected Vice President of the California Board of Accountancy (CBA). She was appointed to the CBA by the Speaker of the Assembly in February 2011 and has previously served as Secretary/Treasurer. The CBA serves to protect consumers by ensuring only qualified licensees practice public accountancy in accordance with established professional standards. In addition, to her role as CBA Vice President, she also serves as a board member to CBA, is Chair of Economic Development for Anaheim Workforce Investment Board, an Ambassador for Delhi Center in Santa Ana, and is a board member of the Community Action Partnership - Orange County. Congrats to Alicia on her latest achievement! For more information, contact Alicia Berhow, Vice President, Workforce Development and Advocacy. 
FACT CHECK: CA HIGH SPEED RAIL
As part of a new fact finding venture called "PolitiFact  CA," Capitol Public Radio reporter Chris Nichols dug deeper into two recent statements pertaining to CA High Speed Rail (HSR)  to understand if indeed they were true or false. The first article examined a recent statement from Assembly Member Patterson where he said, "'We now know these firms are unwilling to put up any private money,' for California's High Speed Rail Project." After researching this statement, Nichols reports that this statement is "Mostly False." The second story examined HSR Authority's CEO Jeff Morales' and Chair Dan Richard's statement, "The actual (construction) contracts that we've awarded to date have come in several hundred million dollars below estimates." Nichols research verified that his statement was "Mostly True," as the estimates are below schedule, but there is still a funding gap and construction costs may change down the line. OCBC applauds Capitol Public Radio's commitment to dispelling myths about CA HSR and educating the public on a critical infrastructure project, especially when there is an abundance of misinformation circulating. For more information, contact  Bryan Starr, Senior Vice President, Government Affairs.
MEDIAN PRICE OF NEW HOME IN OC REACHES ALMOST $1 MILLION
The Orange County median price of all home sales, both old and new, dropped 2.4 percent to $600,000 from September to October, which is the biggest drop recorded since the 1980s. This drop in price contrasts to the National Association of Realtors' report indicating that the median homes sales price in the U.S. was $219,000 in October, a 5.8 percent annual increase. However, the median cost of new homes in Orange County hit an all-time peak last month, rising $6,500 from last year to $937,500. Orange County continues to be one of the most expensive housing markets in the state, following San Francisco and Santa Clara counties. The continual building of new homes with a median cost of nearly $1 million prices much of Orange County's workforce out of the housing market, where the average yearly salary is $53,114, according to the 2015-2016 Orange County Workforce Indicators Report.  According to the report, less than 22 percent of OC residents can afford to buy a home. CLICK HERE for a recently released video by OCBC's for more on housing. For more information, contact Larry Brose, Vice President of Investor Relations and Business Development. 
SURVEY CALLS FOR MILLENNIALS' INPUT ON HOUSING FOR A CHANCE TO WIN $500
Rancho Mission Viejo and its neighborhood homebuilders want to ensure they understand what the next generation of home buyers is seeking in a new home within the context of the larger Southern California marketplace. To that end, they are conducting a survey to provide valuable insights on new home preferences. If you are between the ages of 24 and 35 -- or if you know a family member, friend or business colleague in this age group -- please participate! Simply CLICK HERE and answer a few questions to see if you qualify, and forward to othersIf you qualify and complete the entire survey, you will be entered into a sweepstakes to win one of three $500 Amazon gift cards. You will be asked for you name and email address at the end of the survey in order to enter the survey sweepstakes. Winners will be notified in the coming weeks! For more info, contact Larry Brose, Vice President, Investor Relations and Business Development. 
UPDATE: FULLERTON CITY COUNCIL UNANIMOUSLY APPROVES WEST COYOTE HILLS PLAN
OCBC commends the Fullerton City Council's unanimous approval to deny an appeal challenging the "Path Forward" plan, also known as the West Coyote Hills Acquisition plan. The Planning Commission approved the plan in October and the council's vote to uphold it both respects the property rights of West Coyote Hills owner Pacific Coast Homes and provides open-space proponents a fair opportunity to purchase additional land. The plan divides the 510-acre site into nine parcels and allows the developer to build 760 homes, with the rest of the nearly 301 acres being preserved as open space. For more information, contact Bryan Starr, Senior Vice President, Advocacy and Government Affairs. 
UPTICK IN OC'S UNEMPLOYMENT RATE INDICATES PEOPLE RE-ENTERING JOB MARKET
Orange County saw a 2.7 percent increase in jobs added last month from September, with companies adding 13,900 positions overall. Meanwhile, OC's unemployment rate increased to 4.3 percent, up from 4 percent in September. Experts suggest that the increase in jobs and unemployment occurred as a result of people resuming their job search after having dropped out of the job market. Many people gave up looking for employment during the recovery from the Great Recession, or they went back to school. Every sector of the OC economy saw a year-over-year growth in October, with health care and social assistance seeing some of the biggest gains. For more information, contact Matt Petteruto, Vice President, Economic Development. 
OCBC AROUND THE COMMUNITY
At  the Grand Opening of Solaira at Pavilion Park OCBC's Lucy Dunn discusses the importance of FivePoint's Solaira Apartment Development. The development serves residents over the age of 55 with an exceptional living environment. CLICK HERE for more. 

Thursday, November 19, 205
The California Community College Board of Governors unanimously approved all 25 recommendations of its Task Force on Workforce, Job Creation and a Strong Economy at the Governor's November meeting. OCBC's Alicia Berhow, Vice President, Workforce Development and Advocacy, testified at the meeting in favor of the task force's recommendations, which addresses strategies and policies needed in community colleges to help California close its considerable job skills gap. The main areas covered in the report pertain to student success, career pathways, workforce data and outcomes, curriculum, CTE faculty, regional coordination and funding. For more information, contact Alicia Berhow, Vice President, Workforce Development and Advocacy. 
JWA WANTS INPUT TO ENSURE OPEN, FAIR CONTRACTING POLICIES WITH LOCAL BUSINESS
John Wayne Airport (JWA) is hosting a series of public meetings to garner input from local businesses who have done or are interested in doing business with the airport to help ensure open and fair contracting policies. The meetings are part of a Disadvantaged Business Enterprise (DBE) Disparity Study that federal regulations require the airport to conduct. The study is the primary means by which JWA can determine whether there is legal justification for the establishment, continuation or modification of programs designed to promote the full and fair participation of disadvantaged/minority owned businesses in the airport's contracting process. The first meeting will be held at 2 p.m. Monday, December 7 at 3160 Airway Avenue in Costa Mesa. For more information, contact Matt Petteruto, Vice President, Economic Development. 
MEMBERS IN THE NEWS
POLITICAL CORNER
Please note that events in Political Corner are for informational purposes only and are not necessarily endorsed by OCBC. 

Holiday Open House with Assemblyman Bill Brough - Thursday, December 3
Join Assemblymember Brough for a Holiday Open house at 4 p.m. Thursday, December 3 at his 73rd District Office. CLICK HERE for more information. 

Holiday Reception with Senator Bob Huff and Assemblywoman Ling Ling Chang - Monday, December 7
Senator Huff and Assemblywoman Chang invite you to attend a Holiday Open House from 4 to 6 p.m. Monday, Deceber 7 at 1800 East Lambert Road, #150, Brea. There will be musical entertainment and refreshments as attendees receive a legislative update and discuss goals for the new year. 

Christmas Open House with Senator John Moorlach - Thursday, December 17 
Join Senator John Moorlach for a Christmas Open House at his new Costa Mesa office from 4:30 to 7:00 p.m. Thursday, December 17. Learn about the ways the Senator and staff can be of assistance to the community. Light refreshments will be served. RSVP to Aly.John@sen.ca.gov. 

District Office Christmas Open House with Assemblywoman Young Kim - Tuesday, December 18
Join Assemblymember Youn Kim, 65th District, for a Christmas Open House and Toy Drive fro 5 to 7 p.m. at the district office on Beach Boulevard. There will not be a formal program or presentation, but toys donations will be collected to be distributed to local Boys and Girls Clubs. For more information, contact the office at 714.521.6505.
COMMUNITY EVENTS    
OC Pathways Showcase - Wednesday, December 2 
Don't miss OC Pathways' "Equipping Students for the Global Innovation Economy" from 7:30 to 10 a.m. Wednesday, December 2 at Hangar 244 in Orange County Great Park. CLICK HERE for more information. 

Health and Wellness Expo - Saturday, December 5
Join Union Bank and the American Heart Association for the health and wellness expo from 10 a.m. to 1 p.m. Saturday, December 5 at the Union Bank on Brookhurst St. in Westminster. Free health services will be available, as well as a chance to win a Schwinn Mountain Bike and Adult Bike helmet. CLICK HERE to learn more.

Threat of Marijuana - Thursday, January 7
Join the Orange County Sheriff's Department from 5:30 to 9 p.m. at Orange County Sheriff's Regional Training Academy for a presentation on the Threat of Marijuana on your business, schools and community. CLICK HERE for more information. 

Dealing with China - Wednesday, January 13, 2016
Don't miss a luncheon and talk with Treasury Secretary Henry Paulson at 10:30 a.m. Wednesday, January 13, 2016 at the Richard Nixon Foundation in Yorba Linda, which will focus on Dealing with China: An insider unmasks the new economic superpower. CLICK HERE for event and sponsorship information. 

Employment Opportunities at Coast Colleges! -  CLICK HERE for more information. 
UPCOMING OCBC COMMITTEE MEETINGS: DECEMBER
Infrastructure
Friday, December 8, 2015  I  7:30 a.m. to 9:00 am. 
Guest speakers: Karl Seckel, Assistant General Manager, Municipal Water District of Orange County and John Standiford, Deputy Executive Director, Riverside County Transportation Commission. 

Committee meetings are open to OCBC members and invited guests only. All committee meetings are held at the OCBC offices unless otherwise specified. For more information on upcoming committee meetings for 2015 check out OCBC's Committees. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development. 
GET CONNECTED ONLINE WITH OCBC 
Do you tweet? Have a Facebook page or surf YouTube? Then follow the latest news and information from OCBCsocial media online. Follow us on Twitter. Like our Facebook page. Tune into our YouTube channel. Check out OCBC's blogs: Dunn and Done and CaliforniaSquirrel. Or visit our newest website, LocationOC.com.

If you have questions on how to get connected with OCBC online, contact Delaine Moore, Communications Manager, at 949.794.7220 or dmoore@ocbc.org.
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Orange County Business Council Secures the Future in 2015
Orange County Business Council Secures the Future in 2015
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