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The Leading Voice of Business in Orange County

Tuesday, July 2, 2013 

OCBC WISHES YOU A HAPPY SECOND OF JULY! WAIT THAT'S NOT RIGHT... IS IT?

Historically, the U.S. has always celebrated Independence Day on July 4 and this holiday has become known as the day America gained it's freedom from Great Britain. But the real Independence Day is today! That's right, the legal separation of the thirteen colonies from Great Britain occurred on July 2, 1776, when the Second Continental Congress voted to approve a resolution of independence, proposed a month earlier by Richard Henry Lee. After this momentous vote, Congress debated and revised the Declaration of Independence, a statement explaining this decision, which was approved and signed on July 4, 1776. So enjoy America's freedom on both days, and have a great holiday celebrating Independence Day with family and friends!
Note: In observance of the holiday, OCBC's offices will be closed July 4 and July 5, returning July 8.
WILL 2013 U.S. SUPREME COURT DECISIONS AFFECT YOUR BUSINESS? FIND OUT JULY 11

OCBC invites you to attend a US Supreme Court Review for Business with Dean Erwin Chemerinsky on July 11 at the Pacific Club, co-hosted by Latham & Watkins LLP. Dean Chemerinsky is the founding Dean and Distinguished Professor of Law, and Raymond Pryke Professor of First Amendment Law, at the UCI School of Law. He frequently argues cases before the nation's highest courts, and also serves as a commentator on legal issues for national and local media. The Dean will specifically address business issues decided at the end of the 2013 term, and following his remarks, engage with a panel of OC's top lawyers on what it means to the business community. Legal Panel Discussion added! Featuring panelists David Smith, DMB Pacific Ventures; Wayne Gross, Greenberg Gross; Paul Singarella, Latham & Watkins; and Jon Frank, Snell & Wilmer.

 

DATE: Thursday, July 11, 7:30 a.m. - 9:00 a.m.

WHERE: The Pacific Club, 4110 MacArthur Blvd, Newport Beach 

TICKETS: OCBC Member: $60; Non-Member: $90

Sponsorships are available ($500-$1,000)

MCLE: Latham & Watkins certifies that this activity has been approved for MCLE credit by the State Bar of California in the amount of 1.00 hour of general credit.  

 

For more information, contact Leslie Dods, Director of Events, or Bryan Starr, Senior Vice President of Government Affairs. 

ENTERPRISE ZONE REFORM DRAWS CHEERS AND JEERS FROM OC'S BUSINESS COMMUNITY

Last week, Assemblyman Bob Bloomenfield was counting down the hours before his final day representing the California's 40th Assembly District. Bloomenfield departs the Assembly to take his seat on the Los Angeles City Council; in doing so, he takes the Democratic Super-Majority in the Assembly with him. This made the final hours of voting during Thursday's floor session doubly important to the fate of the Governor's Economic Proposal to reform Enterprise Zones (EZ) known as AB 93, which required a two-thirds majority to pass.

 

AB 93 is the budget trailer bill that housed the Governor's proposal to phase out EZ, replacing it with alternative economic development proposals. While not a complete or immediate elimination of EZ, AB 93 does constrain many existing EZ provisions, for instance:

  • Retro-active hiring credits will be eliminated.
  • Income Tax Credits will be replaced by a sales tax exemption.
  • Ability to use hiring credit to replace existing employees eliminated.
  • All current Enterprise Zone carryover provisions will sunset after 10 years.

AB 93 does constitute a wholesale revamp of EZ, but not all of California's businesses are disappointed. In fact, many large employers are lauding the Governor's proposal for expanding the hiring credit to higher wage earners and creating a sales tax exemption for research and development, manufacturing, and biotech. Other notable provisions in AB 93 include:

  • Statewide sales tax exemption on manufacturing equipment or R&D equipment purchases by companies engaged in manufacturing or biotechnology R&D.
  • Hiring credit for businesses located in census tracts with the 25% highest share of both unemployment and poverty in the state. The hiring credit also applies to current enterprise zone boundaries excluding wealthy areas.
  • "California Competes" tax credit funds available to businesses on a competitive basis. Approval of any proposed incentive will be made by a five member committee composed of a representative from the Treasurer's office, Department of Finance, GO-Biz, state Senate and Assembly. 25% of these credits will be designated for small businesses.

According to the Governor's Office of Business and Economic Development and Assembly Floor analyses, AB 93 also allows for businesses to continue using EZ carryover credits for 10 years and will allow them to continue to earn hiring credits for employees hired prior to January 1, 2014. This has a significant impact on Orange County as it is home to two successful EZs located in the cities of Anaheim and Santa Ana. CLICK HERE for an overview of AB 93 and a side-by-side comparison to the current EZ program. For more information contact Matt Petteruto, Vice President, Economic Development. 

GOVERNOR'S BUSY WEEK WITH A BALANCED STATE BUDGET AND REORGANIZED ADMINISTRATION

First, Governor Brown made some recent Cabinet appointments including Marybel Batjer to Secretary of the Government Operations Agency; Brian Kelly to Secretary of the Transportation Agency; and, Anna Caballero to Secretary of the Business, Consumer Services and Housing Agency. The appointments accompany an overhaul of state government that cuts the number of state agencies and consolidates dozens of departments and entities.

 

Then he signed a "balanced" budget on June 30 for fiscal year 2013/14 with Senate President pro Tem Darrell Steinberg and Assembly Speaker John Perez, without Republican support as the Democrats held a 2/3 majority.  Additional details on the 2013-14 budget, including line-item vetoes, can be found at www.ebudget.ca.gov.

 

Then he began July 1 implementation of his administration reorganization, creating a new Transportation Agency overseeing Caltrans, California Transportation Commission, California High Speed Rail Authority, DMV and CHP; as well as a Business, Consumer Services and Housing Agency. CLICK HERE to read more. For more information contact  Katherine Reedy, Director of Communications.
OCBC WELCOMES NEW INVESTORS

OCBC is pleased to welcome the following new investors, joining hundreds of Orange County's most influential companies and top executives who are actively engaged in creating a pro-business environment and a vibrant and prosperous economy.

  • AcuFocus: Makers of an innovative corneal inlay to revolutionize the treatment of near vision loss.
  • Affordable Housing Access: AHA is dedicated to creating and preserving quality affordable housing for low-and moderate-income families, individuals and seniors.
  • City of Westminster: A thriving city in central Orange County with a cooperative spirit, purpose and determination.
  • Emerson Process Management: A worldwide supplier of process automation service and technologies, including PlantWeb digital architecture.
  • Greenberg Gross: Strategic partners with clients serving their business litigation needs. 
  • Kimley-Horn: Engineers, planners and environmental scientists providing consulting services for infrastructure projects throughout the country.

Want to become a member? Contact Larry Brose, Vice President, Investor Relations and Business Development, for membership information and opportunities.

OCBC GIVES A FAREWELL TO KATHERINE REEDY; CONGRATULATES DELAINE MOORE ON PROMOTION
OCBC bids a fond farewell to Katherine Reedy, Director of Communications, who is leaving OCBC to join the Coast Federation of Classified Employees as Executive Director; and, congratulates Delaine Moore on her promotion to Communications Manager. Katherine leaves OCBC with numerous accomplishments that advanced our mission and initiatives including www.locationoc.com, a robust summer intern program, enhanced communications, and an unmatched professionalism. We will miss her! OCBC is thrilled that Delaine has stepped up to lead the Communications Department. We know she will take it to new heights.

 

OCBC is accepting applications for the position of Communications and Events Specialist. This entry level position encompasses a wide range of responsibilities and duties providing support for all communications, marketing and events at OCBC. CLICK HERE for the full job description. For more information, contact Delaine Moore at  dmoore@ocbc.org or 949.794.7220. 
POSEIDON'S DESALINATION PLANT CLEARED BY COASTAL COMMISSION
The California Coastal Commission staff has deemed Poseidon Resources' application for a seawater desalination plant in Huntington Beach complete, clearing the way for the final hearings necessary for the plant's approval. Once completed, Poseidon's Huntington Beach facility will provide 50 million gallons of drinking water daily, and is expected to create 2,500 construction jobs and more than 500 skilled jobs during operation. The facility will ensure there is sufficient high quality water to meet demands and protect Southern California against the public health, security and economic consequences of water shortages-readily available in times of emergency. The Huntington Beach Desalination Facility, built at no cost to taxpayers, will be located on the property adjacent to the AES Generating Station on Pacific Coast Highway at Newland Street in Huntington Beach, in accordance with the city-approved General Plan and the 1996 California Coastal Act. The application will go before the full commission for final approval in the fall.  CLICK HERE for more information on the facility. For more information please contact Bryan Starr, Senior Vice President, Government Affairs.
CITY OF IRVINE TO PAY OFF $91.1 MILLION UNFUNDED LIABILITY EARLY

The Irvine City Council set a historic precedent on June 25, voting on a plan to pay off nearly its entire unfunded liability a decade earlier than planned, which will save the City between $22.1 million and $33.1 million because of the early payoff. Through a mix of short-term borrowing from a special existing fund called the Asset Management Plan (AMP), and taking an average of $1 million a year for 13 years from the City's budget carryover funds (the year-end surplus), with an initial $3 million payout, the retirement plans could be 98 percent funded. A city's unfunded liability is the difference between pension obligations and the resources set aside to fund them. In Irvine, that amount is $91.1 million. According to projections, the AMP would be paid back in full by 2025. The City Council also approved a scenario to prepare an annual report to check assumptions and to adjust as it deems appropriate. For more information contact
Matt Petteruto, Vice President of Economic Development.
GLOBAL ENERGY OUTLOOK JULY 17: ARE WE LIVING IN THE LAND OF WISHFUL THINKING?

Join OCBC and OC Forum on Wednesday, July 17 for the Outlook for Energy: A View to 2040 luncheon, sponsored by Exxon Mobil Corporation. Providing reliable and affordable energy--safely and with minimum impact on the environment--is an on-going challenge around the world. To address this challenge the outlook will reveal key findings about how we use energy, how much we will need in the future, and what types of fuels will meet this demand. Featuring keynote speaker Rob Gardner, Manager, Economics and Energy Division, Corporate Strategic Planning Department, Exxon Mobil Corporation; Catherine Reheis-Boyd, President, Western States Petroleum Association; and, Dr. Wallace Walrod, Chief Economic Advisor, Orange County Business Council. 

 

DATE: Wednesday, July 17, 11:30 am. - 1:30 p.m.

WHERE: Hyatt Regency Irvine, 17900 Jamboree Road, Irvine

TICKETS: OCBC/OC Forum Member: $60; Non-Member: $90   

Sponsorships are available. 

For more information contact Leslie Dods, OCBC, at 949.794.7241 or Nancy Dooley, OC Forum, at 949.588.9884.
UCI RANKED BEST IN THE COUNTRY, 5TH IN THE WORLD

University of California, Irvine recently ranked first in the U.S., and fifth in the world, among universities under 50 years old in a report by Times Higher Education. This is the second consecutive year that the campus has ranked in the top five. UC Irvine is well known for its world-class health and technology research programs, which is a large factor in progressing Orange County as a leader in the medical device and advanced manufacturing industries. Times Higher Education rankings editor Phil Baty remarked that young institutions like UC Irvine "have become one of the world's finest in a matter of years, while many of their competitors have had centuries of development." UC Irvine will celebrate its 50th anniversary in 2015 and is the youngest institution in the prestigious Association of American Universities. CLICK HERE to learn more about OC's world-class universities. For more information, contact Alicia Berhow, Vice President of Workforce Development and Advocacy. 

FLYING FOR THE HOLIDAY?

John Wayne Airport anticipates a busier-than-normal travel period from Friday, June 28 through Sunday, July 7 during the Fourth of July holiday. To make traveling easier during this period, follow these travel tips:

 

Travel Tips for Passengers and Visitors:

  • Passengers are reminded that fireworks are prohibited and should be left at home.
  • Arrive 90 minutes to two-hours before the flight departure time to find  parking, check luggage and go through the  security checkpoint. Passengers who are members of TSA PreCheck can expedite the screening process in Terminal A.
  • Visitors to JWA during this holiday period should be aware of ongoing construction activities around the Riley Terminal, exercise caution when navigating Airport roadways and follow posted speed limits.
  • Drivers picking up passengers at the airport are encouraged to utilize 2-hour parking spaces, located on the lower level of parking structures  A1, B2 and C, as some portions of the white curb are closed due to construction. CLICK HERE to read more. For more information contact Katherine Reedy, Director of Communications.
LAST CHANCE TO REGISTER FOR OCBC'S EXECUTIVE INVITATIONAL GOLF TOURNAMENT - AUGUST 1
ALMOST SOLD OUT! OCBC's annual Executive Invitational Golf Tournament, presented by Kaiser Permanente, will take place Thursday, August 1, 2013 at Monarch Beach Golf Links. Join OC's top executives for the county's premier networking event! The tournament will feature a hole-in-one contest, putting contest, opportunity drawings, horse race classic, and, NEW THIS YEAR, a driving range! Sponsorship opportunities are available.  

For more information, contact Leslie Dods, Director of Events.
MEMBER SPOTLIGHT: SADDLEBACK MEMORIAL FOUNDATION'S GOLF CLASSIC

On Monday, June 10, OCBC member Saddleback Memorial Foundation hosted the 5th annual Corporate Golf Classic at the Mission Viejo Country Club. Approximately 116 physicians, corporate partners and supporters participated in this successful golf tournament, raising almost $75,000 to benefit the

Design for Healing enhancement project for Saddleback Memorial Medical Center. The money raised goes towards updating patient rooms and family waiting area facilities to reflect the quality care that Saddleback Memorial Medical Center provides. The fundraiser was a fun 18-hole course (called "Mission Impossible") that ended with a cocktail reception, accompanied by a raffle and awards ceremony. Congratulations to Saddleback Memorial Foundation for a fantastic event! CLICK HERE for photos. For more information contact Larry Brose, Vice President of Investor Relations and Business Development. 

STAYING A STEP AHEAD--SCIENCE, TECHNOLOGY, ENGINEERING, ARTS & MATH--JULY 17 FORUM

What skills do today's students need for success in a highly competitive, global economy? Join OCBC's Workforce Development Committee at Hoag Hospital in Irvine on Wednesday, July 17 from 7:30 a.m. to 9:30 a.m. for a S.T.E.A.M. Forum. The forum will feature a panel discussion on the importance of STEAM (science, technology, engineering, arts, math) to student success. Guests are invited to join the committee for breakfast and discuss how to build a workforce fit for a 21st century, global economy. This event is open to OCBC members, who can RSVP HERE . Non-members interested in attending should contact Alicia Berhow at 949.794.7215 or aberhow@ocbc.org. Space is limited. Hoag Hospital is located at the Irvine Medical and Science Complex, 16200 Sand Canyon Avenue, Irvine, CA 92618. For more information, contact Alicia Berhow, Vice President of Workforce Development and Advocacy.

ORANGE IS THE "NEW" GREEN: SUNPOWER SOLAR POWER SYSTEM SAVES $4.6 MILLION 

SunPower Corporation built a 916-kilowatt solar power system in Riverside, California for the Western Municipal Water District. This sun soaking system is expected to save the water district up to $4.6 million over the next two decades. Western contracted with SunPower to install the SunPower T0 TrackerŪ system, which follows the sun's movement during the day increasing sunlight capture better than conventional fixed-tilt systems.

 

Western's General Manager John Rossi is more than happy with the new system saying, "Hosting solar power systems is an easy, affordable choice for Western. With an estimated $110,000 per year in savings on electricity from the new system, this investment will help hold down our rates for the services we provide to our customers." CLICK HERE to read more. For more information contact Katherine Reedy, Director of Communications.

NEWS YOU CAN USE: BEST APPS FOR SUMMER COOKOUTS  

Weber's On the Grill - A must-have for the classic summer BBQ, with one part recipes, one part grilling instructions provided with illustrations.

Epicurious Recipes - Over 1,000 mouth-watering recipes for summer desserts, dinners, grilling, and cocktails.

Whole Foods Market Recipes - Great for organic food lovers, the app includes recipes categories for entertaining, family-friendly, and portable picnic.

Allrecipes.com Dinner Spinner - Recipes for drinks, dishes, and more, this app is perfect for impressing guests at your next summer cookout.

Grill Guide - With over 100 different recipes for grilling meats, fish, vegetables, and fruit, this app is great for grilling aficionados.

 

For more information contact Katherine Reedy, Director of Communications.

COMMUNITY EVENTS

Honor a Hero, Hire a Vet Job and Resource Fair - Thursday, August 22 

Join Employment Development Department (EDD), Orange County Veterans Employment Committee and California Department of Veteran Affairs in the Honor a Hero, Hire a Vet Job and Resource Fair. U.S. Veterans have been trained, possess leadership skills, and work well independently. At the Honor a Hero, Hire a Vet Job and Resource Fair, you can exhibit your business and meet Veteran candidates. The job and resource fair will take place Thursday, August 22, 9:00am- 1:00pm, Hilton Orange County/ Pacific Ballroom, 3040 Bristol Street, Costa Mesa, CA 92626. CLICK HERE for more information. 

 

OC Great Park to Host 2013 Solar Decathalon - October 3-13
The U.S. Department of Energy Solar Decathlon 2013 and XPO will take place October 3, 2013 to October 13, 2013 at the Orange County Great Park. This will be the first time the decathlon is held outside of the National Mall in Washington D.C. Teams representing the world's leading colleges and universities will compete in the 2013 decathlon to design, build and operate solar-powered houses that are cost-effective, energy-efficient and attractive. The homes will be on display in the Solar Village, forming the center-piece of the XPO, a world's fair of clean, renewable and efficient energy. CLICK HERE
for more information. For those interested in serving as exhibitors, click here.

UPCOMING OCBC COMMITTEE MEETINGS: JULY
Infrastructure Committee Meeting

Tuesday, July 9, 2013  I  7:30-9:00am

 

Economic Forecast Conference Committee Meeting

Tuesday, July 16, 2013  I  11:00am-12:00pm

 

Economic Development Committee Meeting 

Monday, July 22, 2013  I  4:00-5:30pm

 

Government Affairs Committee Meeting 

Friday, July 26, 2013  I  9:30-11:00am 

 

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 2013 check out OCBC's Committees. For more information, contact Leslie Dods at (949) 794-7241 or ldods@ocbc.org.
IN THIS ECONOMY, YOU NEED ALL THE HELP YOU CAN GET!

SPECIAL DISCOUNTS FOR OCBC MEMBERS. One of the many benefits of being a part of the Orange County Business Council is the ability to leverage our member relationships to improve your business. Take advantage of our new offers:   

 

NEW! PACIFIC SYMPHONY GROUP DISCOUNTS

Gather a group for live music and a great evening out with Pacific Symphony at the Verizon Wireless Amphitheater this summer. From the music of Neil Diamond to Beethoven to the soundtrack of your favorite Pixar Movies; there's something for everyone this summer. These concerts are perfect for staff events, clients, partner organizations, groups of friends, and family. Groups of 10 or more save 20% or special seating in 3rd tier Upper Terrace at just $20 for groups only. Visit PacificSymphony.org for complete schedule, seating charts and concert information. Group discounts are available only through Group Sales at (714) 876-2384 or by email to Groups@PacificSymphony.org.

 

SAVE MONEY AND ELECTRICITY BY GOING SOLAR WITH SUNPOWER 

Have you considered solar for your home?  The world's leading solar manufacturer, SunPower Corporation, has joined OCBC and is offering OCBC investors (and their employees) a special discount on solar for your home.  Beyond a generous discount for us all, SunPower is also making a donation to STEM Education in Orange County for each residential system purchased through this program.  This is a great way to save costs on electricity and to support the local community at the same time. CLICK HERE to sign up for a free solar home evaluation and for more information on this special offer. 

 

SPECIAL DISCOUNTS FROM TOSHIBA  

OCBC members receive special discounts on Toshiba LCD televisions, laptop computers and accessories. CLICK HERE for the discount website or call 1-800-405-3704 and reference PROGRAM ID: PAOB.

 

DISCOUNTED SHIPPING RATES
Through the UPS Discount Program, OCBC members can save up to 28% on international, air and ground shipping. Whether you need a shipment to arrive the same day, the next day or in a few days, UPS will get your package there on time - guaranteed. Visit http://savewithups.com/ocbc/ or call 714.502.2577.

BACCHUS' SECRET CELLAR WINE BAR CAN HELP YOU! Bacchus' is the perfect place for your business to turn to for all your holiday needs. Let our friendly staff and beautiful interior bring you and your guests a wine-country experience customized to your liking at a surprisingly affordable cost. Our retail shoppe is perfect for last-minute gifts including over 350 wines, charcuterie and artisan cheeses, wine accessories, food frills, and gift baskets tailored to your specifications. Please contact Garett Savage (garett@bacchussecretcellar.com) to reserve your holiday party today while there is still space.
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 Katherine Reedy, Director of Communications, at 949.794.7221.
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