The Leading Voice of Business in Orange County                                                                                   Tuesday, May 31 , 2016
WATER, CYBER SECURITY, FED 'MONEY GRABS' AND MORE! OCBC'S SUCCESSFUL TRIP TO DC

OCBC just wrapped up its annual One Voice, Two Capitals trip to Washington D.C. May 23-25. With over 30 business and local government leaders, the delegation advocated for key issues impacting Orange County, including federal transportation funding for Orange County, a key amendment to the FAA bill aimed at protecting Measure M dollars, water infrastructure and funding, cyber security, energy, trade with China, and the sharing economy. Following a productive meeting with Senator Dianne Feinstein, OCBC is looking forward to working together to address the state's rapidly aging water infrastructure needs including the Bay Delta Project, and new cyber security concerns following the San Bernardino shooting in December. Congressman Darrell Issa also spoke at length on cyber security concerns and the need to invest in better-equipped and educated government programs that can handle emerging security threats. Additionally, Senators Dianne Feinstein, Cory Gardner and John Thune, as well as Congressmen Ed Royce and Sam Graves, voiced support in correcting an FAA rule on aviation fuel sales tax that OCBC considers a federal "money grab" from local voter-approved Measure M dollars. CLICK HERE to read more on the trip discussions. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs.
MANY THANKS TO WRAP, DC TRIP SPONSORS!
In an effort to streamline communications for OCBC's One Voice, Two Capitols Advocacy Trip to Washington, D.C., OCBC worked with innovative tech company WRAP to provide trip materials online, rather than in print to attendees. The online tool could not have worked better to alert trip attendees with up-to-the-minute schedule changes, provide crucial background on legislators and issues important to the business community, as well as other key event details. WRAP works as a webpage link that is sent to attendees via text and email and can be continuously accessed via mobile devices. It was easy to use and update. The WRAP staff was incredibly helpful and we thank them for contributing to the trip's success! Many thanks to all of our trip sponsors, Automobile Club of Southern California, The Mayer Corporation, Southern California Edison, and Metropolitan Water District. We could not do this trip without you all! For more information, contact Delaine Moore, Communications Director. 
HURRY! LAST CHANCE TO REGISTER TO MEET OC REGISTER'S NEW LEADERSHIP, SCNG - TOMORROW
Join OCBC and partners for a provocative discussion and Q&A with Ron Hasse, Publisher,The Orange County Register and President, Southern California News Group; and Frank Pine, Executive Editor of The Register. The discussion will be moderated by Lucy Dunn, OCBC President and CEO. Help to welcome the new leadership, meet them, and ask questions! The Register is OC's largest media outlet and we'll delve into how Hasse and Pine plan to succeed in the ever-changing world of media where others have not. This community event is possible through the partnership between OCBC, Black Chamber of Commerce, CSU Fullerton, Cornerstone Communications, Cox, FivePoint Communities, OC Association of Realtors, OC Community Foundation, UCI, Union Bank, United Way of Orange County, Anaheim Chamber of Commerce, BIA of OC, Curt Pringle & Associates, California Apartment Association, Disneyland Resort, Irvine Chamber, The Orange Catholic Foundation, North Orange County Chamber, OC Forum, OC Hispanic Chamber of Commerce, OC Taxpayers Association, Southern California Gas Company, and South OC Economic Coalition. 
WHEN: 11:30 a.m. to 1:30 p.m.  I  Wednesday, June 1, 2016  I  LOCATION: The Island Hotel
For more information, contact Sabra Ritter, Director of Events, at 949.794.7241.
ALMOST SOLD OUT! REGISTER TODAY FOR ELECTION DAY LUNCH - JUNE 7
Join the OC Jobs Coalition for an afternoon of the best political humor in town! This is the first lunch in a two-part series celebrating the June 7 and November 8 Election Days. The June 7 event will feature hilarious political comedy specialists Peter Buffa, Fmr. OCTA Chair, Kate Klimow, CA Assembly 2016 Woman of the Year, Curt Pringle, Fmr. Speaker of the Assembly and Fmr. Mayor, Don Hansen, Fmr. Mayor of Huntington Beach and recently added Joe Dunn, Fmr. State Senator. Register today for either the June 7 Luncheon only, or take the plunge and sign up for the series package at a discounted rate. You won't want to miss either one! Sponsorship opportunities are available! 

WHEN: Tuesday, June 7, 2016  I  11:30 a.m. to 1:30 p.m.   WHERE: Pacific Club I 4110 MacArthur Blvd., Newport Beach
COST: $85 for June 7 ticket only  I  $150 for series  
For more information, contact Sabra Ritter, Director of Events, at 949.794.7241.
DUNN & DONE: WHEN INNOVATION, REGULATION COLLIDE 
When the music industry transitioned from records to 8-track tape cassettes, to CDs and now to cloud-based music, did the government step in and add regulations to keep the status quo? No. We all transitioned with the technology and times to allow for growth and innovation. When the Austin City Council decided to set three tiers of outdated regulations for ride-sharing drivers, did Uber and Lyft stay in town? No. And now Austin residents and visitors have lost a great service. Don't think it can happen here? In business-friendly Orange County, a city council recently decided to punish its own community medical provider for innovation in meeting patient needs, as it faced new technology costs, service challenges, changing demographics and diminished health care returns in a time of Obamacare. And now that city has lost its premiere medical center. San Clemente wanted its own hospital and emergency room. MemorialCare Health Care System was its hospital provider. However, MemorialCare is also a business that must watch its overhead and margins. CLICK HERE to read more. 
$1.5 BILLION SHORTFALL FORCES MORE CUTS TO TRANSPORTATION PROJECTS
On May 18, The California Transportation Commission (CTC) adopted a five-year state transportation funding plan that cuts $754 million and delays another $755 million in highway, rail, transit, bicycle and pedestrian project spending as a result of the steady loss of gas tax revenue over the past two years. The excise tax in 2010 was set at 17.3 cents per gallon and is adjusted annually based on fuel prices. On July 1, 2016, the tax will be reduced to 9.8 cents from the current 12 cents, resulting in an estimated $1.5 billion funding shortfall for the project commitments previously made. The economic impact from the cuts and delays likely will run into the billions as roughly every $1 billion in highway and transit investment supports 13,000 jobs. The day after the CTC's announcement, the Fix Our road Coalition, comprised of a group of industry, labor, business and government associations and organizations, released their "Roadmap to Consensus" outlining seven priorities for a transportation reform and funding package. It outlines a series of suggestions for transportation investment, rehabilitation and maintenance of the current system, new revenue investment for goods movement and other options, revenue allocation between state and local projects, accountability measures and reforms in order to provide consistent and adequate funding levels for transportation. CLICK HERE to read the plan. For more information, contact  Bryan Starr, Senior Vice President, Government Affairs.
"THE COST OF NOT HOUSING" OUTLINES IMPACT OF HOUSING ON ECONOMY 
Author Joel Kotkin, who recently spoke at OCBC's Workforce Housing Committee, released "The Cost of NOT Housing," which is a report for the National CORE Symposium on Affordability of Housing. In it, he outlines that it's a mistake to think housing does not contribute to the overall fiscal and economic conditions of cities. New housing, including affordable units, provide some direct stimulation through construction jobs, but also allow people, particularly young families, to stay, work and shop locally. Lack of housing ultimately drives young people, particularly entry-level and young educated, out of regions where their labor would be coveted by companies. This report comes just after real estate website Trulia released an analysis of the top 10 U.S. metropolitan areas with the highest millennial outward migration. Of those 10 cities, six California cities made the list. CLICK HERE for more Trulia results. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development. 
OCBC BOARD MEMBER KEVIN PAYNE NAMED SCE CEO 
Congratulations to Kevin Payne on being named CEO of Southern California Edison effective June 1. Payne will replace Pedro Pizarro, who has been elevated to President of Edison International as Ted Craver retires. Payne currently serves as Sr. Vice President, Customer Service where he oversees the demand-side management programs, customer products management and advanced metering. Prior to that role, he has held various leadership positions within SCE. He holds a degree in mechanical engineering from UC Berkeley and is a registered professional engineer. CLICK HERE to learn more about the organizational changes in within SCE. Congratulations, Kevin! For more information, contact Larry Brose, Vice President, Investor Relations and Business Development. 
OCBC WELCOMES NEW INVESTORS
OCBC is pleased to welcome new investors Ring Bender McKown & Castillo LLLP, Strathspey Crown Holdings, LLC, and Orkin Pest Control. Ring Bender McKown & Castillo LLLP is prestigious law firm with a national reputation for depth of expertise in environmental law and litigation, complex commercial litigation, intellectual property/Internet Litigation, insurance coverage, appellate, and water law.  Strathspey Crown Holdings, LLC is a lifestyle healthcare-focused growth equity firm serving as the catalyst in groundbreaking technology development and commercialization, ensuring tremendous growth and prosperity for stakeholders. Orkin Pest Control was founded in 1901 by 14-year-old Latvian immigrant Otto Orkin. With over 100 years of experience, Orkin is a leader in the pest control industry, specializing in protection against common pests, including termites, rodents, and insects. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development. 
OCBC AROUND THE COMMUNITY
On Thursday, May 19, OCBC's Jocelin Jimenez, Economic Development Specialist, and Patty Conover, Communications and Marketing Manager, attended Association of California Cities - Orange County's Visit to the Port of Los Angeles for an overview of the facility and a boat tour. The port ranks first in the U.S. since 2000 for the highest number of containers imported and exported through the port and the LA/Long Beach Complex ranks 9th. The LA Port holds an advantage as ships continue to grow larger and larger as it is one of the only ports in the Western Hemisphere equipped to accommodate newly developed "mega ships" which are large vessels designed to carry immense amount of containers. The new Maersk Line's Triple E ship recently docked at the port holds 18,000 TEUs, and measures 400 meters long and 59 meters wide. The ports are a major factor in Orange County's stature as an economic powerhouse in the global economy. For more information, contact Jocelin Jimenez, Economic Development Specialist. 
OCBC INVESTOR MARTHA DANIEL AWARDED 2016 SMALL BUSINESS PERSON OF THE YEAR
On May 3, OCBC Cyber Security Task Force Chair Martha Daniel, President and CEO, of Information Management Resources, Inc. (IMRI), was awarded the 2016 Small Business Person of the Year, at the 53rd Annual Small Business Week Awards program, hosted by the Orange County Hispanic Chamber of Commerce. Daniel was granted this award because of her commitment to the small business community, responsiveness to adversity, contributions to local programs, and innovative business technologies. Congratulations, Martha! For more information, contact Larry Brose, Vice President, Investor Relations and Business Development. 
NEWLY COMPLETED AMCAL PROJECTS PROVIDES 97 AFFORDABLE APARTMENTS TO SENIORS
Congratulations to OCBC investor AMCAL Multi-Housing as it celebrate the completion of the adaptive reuse of the former Linda Vista Community Hospital in Boyle Heights. The innovative reuse of the historic site has been commended by the Los Angeles Conservancy with its 2016 Preservation Award and the Los Angeles Business Journal 2016 Silver Award. In 2011, AMCAL acquired what was originally the Santa Fe Coast Lines Hospital, built in 1905, and began an historic renovation with its partner, the East Los Angeles Community Corp. The new Hollenbeck Terrace serves a genuine neighborhood need with 97 affordable apartments for seniors. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development. 
IRVINE'S ECONOMIC SUCCESS STORY -- THE JOBS POWERHOUSE OF OC
By night, 250,000 people call the dynamic and diverse city of Irvine home. By day, that number more than doubles. Irvine is the region's job engine, and it's a shiny, high-tech one that attracts a highly educated, highly skilled workforce that swells the city's daytime population to 600,000. "The city is a major attractor for the county in terms of workforce, jobs, innovation and foreign investment," says Lucy Dunn, CEO of the Orange County Business Council. "Scientists and engineers originally flocked to the county for military research and manufacturing jobs, which began to translate to basic bioscience and high-tech research," she says. "That spurred what are now some of the leading companies in the world, including Irvine-based Allergan and Broadcom." CLICK HERE to read more.
'OC HAS HIT MIDDLE AGE': ORANGE COUNTY'S GROWTH HAS SLOWED DOWN, BUT NOT IRVINE
Congratulations, or condolences, Orange County: You're all grown up. Gone is the breakneck surge of your lanky and perhaps awkward adolescence, when population doubled and doubled again. New city-level data released today by the U.S. Census Bureau show that O.C.'s population grew 5.3 percent between 2010 and 2015. That's down sharply from a galloping 100 percent through the 1960s and close to a 20 percent increase as recently as the 2000 decennial census. CLICK HERE to read more. For more information, contact Dr. Wallace Walrod, Chief Economic Advisor to OCBC. 
ORANGE COUNTY BUSINESS JOURNAL NAMES 2016 SMALL BUSINESS OF THE YEAR
Congratulations to Orange County Business Journal (OCBJ) on their recognition as 2016 California Small Business of the Year from the 37th Senate District! Each year, the California Small Business Association asks legislators to nominate a Small Business of the Year from their district that has demonstrated exemplary business ethics and community service. This year, Senator John Moorlach, 37th nominated OCBJ and he joined Editor Jerry Sullivan at the awards luncheon in Sacramento to accept the award on behalf of Chief Executive and Publisher Richard Reisman. For more information, contact Delaine Moore, Communications Director. 
MEMBERS IN THE NEWS
POLITICAL CORNER  
Political Corner events are for informational purposes only and are not necessarily endorsed by OCBC.

Reception to Support Lou Correa for Congress - Wednesday, May 25
Join Oscar Gonzalez, Ruben Smith, and other community members for a reception to support Lou Correa. The event will take place from noon to 1:30 p.m. Wednesday, May 25 at Northgate Market in Anaheim. For more information or to RSVP, please contact Alicia Valadez at 714.687.7052. CLICK HERE for sponsorship information. 

Open House with Senator Feinstein's Deputy State Director - Thursday, June 2
Join Trevor Daley, State Director, Offic of Sen. Dianne Feinstein, to welcome Peter Muller, the newly appointed Deputy State Director for an open house at 5:30 p.m. at 11111 Santa Monica Blvd., Los Angeles. Muller takes over the LA office next Thursday. CLICK HERE for more info. 

The California Primary Elections: What Happened and What Does it Mean for November? - Thursday, June 9
Until the Indiana primary election, it appeared California would make the difference in the presidential nomination elections. Although it appears Hillary Clinton and Donald Trump will be the nominees, controversy and excitement still promise to reign at both national conventions. Join Concordia University of Irvine as they welcome guest speakers Henry Vandermeir, Chairman, Democratic Party of OC, and Fred Whitaker, Chairman, Republican Party of OC will discuss.  CLICK HERE for more details. 
COMMUNITY EVENTS    
The California Primary Elections: What Happened and What Does it Mean for November? - Thursday, June 9
Until the Indiana primary election, it appeared California would make the difference in the presidential nomination elections. Although it appears Hillary Clinton and Donald Trump will be the nominees, controversy and excitement still promise to reign at both national conventions. Join Concordia University of Irvine as they welcome guest speakers Henry Vandermeir, Chairman, Democratic Party of OC, and Fred Whitaker, Chairman, Republican Party of OC will discuss. CLICK HERE for more details. 

OFFER FOR OCBC MEMBERS! Music of the Night with Pacific Chorale - Sunday, June 12 
Pacific Chorale is reserving 40 seats for OCBC members for an evening of music, with ticket to its closing fundraising dinner, featuring entertainment by Davis Gaines of "Phantom of the Opera" fame. The event is 5:30 to 9:30 p.m. Sunday, June 12. The retail price for both the post-concert fundraising dinner and two orchestra seats is $279 per person, but OCBC member may receive a 20 percent discount for the evening at $223.  CLICK HERE for more information. 

US Trade Mission to Ourense, Galicia, Spain - June 16-17
On June 16-17, a select group of American companies are invited to join the first US Department of Commerce Certified Trade Mission to Ourense, a province in the Northwestern region of the Iberian penisula. The trade mission will be led by U.S. Rep Loretta Sanchez and fmr. U.S. Ambassador to Spain Alan Solomont, amongst others. CLICK HERE for more info. 

Leadership Breakfast - Wednesday, June 22
Join OC Influencers June 22nd  7:15-9:15 am for a lively LEADERSHIP BREAKFAST at the Radisson Hotel, Newport Beach, presented by The Institute for Influential Community Impact, an OC initiative birthed by Passkeys Foundation. Attendees will be engaged by 3 interactive OC non profit presentations The Wooden Floor, Olive Crest and Doing Good Works. $50 reservation payable to Passkeys Foundation, P.O. Box 4137 Mission Viejo, CA 92690 or contact David Elliott, Institute Founder, at institute@passkeys.org for more information. 

Opening Doors and Minds Manufacturing Day - Friday, October 7
Join the local Manufacturing Extension Partnership Center for Manufacturing Day, which addresses misconceptions about the manufacturing industry and allow students to connect with manufacturers. Sign up today so that your organization can be recognized! CLICK HERE for more information. 
UPCOMING OCBC COMMITTEE MEETINGS: JUNE
Workforce Housing 
Thursday, June 2, 2016  I  7:30 a.m. to 9:00 a.m.

POSTPONED: Advocacy and Government Affairs 
The next meeting will take place August 5, 2016

Economic Development 
Wednesday, June 8, 2016  I  9:00 a.m. to 10:30 a.m. 

Latino Educational Attainment
Friday, June 10, 2016  I  9:00 a.m. to 10:30 a.m. 

Infrastructure
Tuesday, June 14, 2016  I  7:30 a.m. to 9:00 a.m.

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 2016 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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