The Leading Voice of Business in Orange County                                                                                   Tuesday, July 28, 2015
OCBC AND ITS COALITION PARTNERS WEIGH IN ON PRIORITY PRINCIPLES IN SPECIAL LEGISLATIVE SESSION
OCBC is heavily engaged in the discussions surrounding the Extraordinary Session of the CA Legislature. OCBC supports the following priorities, which we believe should be the basis for legislation addressing this critical issue for California. To be clear, OCBC contends that any new sources of revenue must be inextricably linked to iron clad reform and accountability measures. We urge the legislature to support these priorities as you debate policies and funding sources for California's streets and roads. 
  • Dedicate meaningful investment to transportation infrastructure, with a package that should seek to raise $6 billion annually until an alternative method of funding is agreed upon; 
  • Focus on maintaining a rehabilitating the current system, with efforts to be made to involve local county transportation commissions in the development and prioritization of the State Highway Operation and Protection Program; 
  • Strong accountability and reform requirements to protect the taxpayers' investment;
  • Invest a portion of diesel tax and/or cap & trade revenue to high-priority goods movement projects.  
CLICK HERE to see all of OCBC's policy principles. For more information, contact Bryan Starr, Senior Vice President, Government Affairs. 
REGISTER TODAY FOR OCBC'S CHAIRMAN'S LEADERSHIP BREAKFAST WITH MARTHA DANIEL - AUG. 4

Join Orange County Business Council for a Chairman's Leadership Breakfast Tuesday, August 4, 2015 featuring Martha Daniel, Founder, President and CEO, IMRI Technology and Engineering Solutions. In 1992, Daniel founded IMRI to provide technical support for the Southern California Resolution Trust Corporation's (RTC) legal litigation teams. Her leadership, perseverance and vision expanded IMRI into systems integration during Y2K. Today IMRI delivers comprehensive cyber security, technology, program management and engineering capabilities and support services for the federal government and civilian agencies, as well as the private sector. Daniel is responsible for managing the corporation's strategic vision. 

 

DATE: Tuesday, August 4, 2015 REGISTRATION: 7:15 a.m. PROGRAM8 a.m.

ADJOURN: 9:00 a.m.  PLACE: The Center Club  I  650 Town Center Dr., Costa Mesa

For more information, contact  Sabra Ritter, Director of Events, at 949-794-7241.

LUCY DUNN ON CCTVA: CONGRESS MUST REAUTHORIZE EX-IM BANK NOW!
CCTVA Report on Ex-Im

On July 27, the U.S. Senate voted 64-29 to reauthorize the Ex-Im Bank's charter, which expired last month, by attaching it to a long-term highway funding bill. The amendment, from Sen. Mark Kirk (R-Ill), reauthorizes the Bank's charter through the fall of 2019. The Senate is expected to conclude debate on the highway bill mid-week and will send the measure with Ex-Im reauthorization to the House.  However, as of now it appears the House is unwilling to take up the Senate's bill, but is instead in favor of a short term highway reauthorization that will not include Ex-Im Bank reauthorization. As an alternative, the House is expected to take up a three month highway bill this week as one of the last orders of business before their August recess. Without addressing the Senate bill, Ex-Im will continue to be in limbo until the House returns September 8th and likely through September. The House and Senate will still need to work out an agreement on the long term highway bill and whether or not a final bill includes an Ex-Im provision. Ex-Im reauthorization is a critical component to growing international trade in Orange County.  Since 2010, 130 Orange County companies have utilized the Ex-Im's services, resulting in the export of over $3 billion in goods in services. CCTV's May Lee filed this video report from Los Angeles and features OCBC's Lucy Dunn advocating for reauthorization.  CLICK HERE to contact Congress today to show your support for the Ex-Im Bank! For more information, contact  Matt Petteruto, Vice President, Economic Development.

CA COMPETES TAX CREDIT WORKSHOP FOR ORANGE COUNTY BUSINESSES

Join OCBC, The Governor's Office of Business and Economic Development (GO-Biz), and the City of Tustin on Friday, July 31 for a workshop on the California Competes Tax Credit. The State of California has allocated $75 million in income tax credits to be made available to businesses that want to come to California or stay and expand. Small, medium and large businesses are encouraged to attend the workshop and receive instruction on how to apply for this tax credit program, which are both free. To learn more about the California Competes Tax Credit, CLICK HERE. For more information, contact Matt Petteruto, Vice President, Economic Development. 

CALIFORNIA CAN'T REACH GREENHOUSE-GAS TARGETS WITHOUT CEQA REFORM
The following article appears as it was published  in the San Francisco Chronicle on July 23, 2015 as it was written by Jim Wunderman, CEO of the Bay Area Council. 
Meeting the new greenhouse-gas reduction targets set in Gov. Jerry Brown's April executive order and Sen. Fran Pavley's SB32 will require significant changes in the way California plans, lives and operates. We will need to focus on higher-density infill housing and commercial development closer to transit. We will need to place more emphasis on congestion-reduction projects, public transit, bike lanes and walkable neighborhoods. We will also need to move more rapidly to expand our sources of clean energy, such as wind and solar. Ironically, one of the biggest obstacles to achieving the aggressive new targets likely will be California's oldest environmental law, the California Environmental Quality Act. A groundbreaking report conducted by Holland & Knight, a law firm with extensive CEQA experience, analyzed 15 years of published opinions in CEQA litigation at the Court of Appeal or the California Supreme Court from 1997-2012. The report found that 62 percent of cases litigated under CEQA involved urban infill development. The analysis demonstrates how the environmental protection law actually is frustrating our greenhouse gas reduction goals by hindering infill development, more public transit and cleaner power. CLICK HERE to read more. 
WHICH STATES GET HACKED THE MOST?

Last year alone, 43 percent of U.S. businesses reported experiencing a data breach, with the cost incurred by each company averaging $5.8 million. Clearly, cybersecurity is a major issue affecting U.S. businesses' bottom line, but it also appears some states are more susceptible to cyberattacks than others. A  recent mapping infographic from Digital Guardian shows that people in California had among the highest instance of reporting hacks between 2011 and 2014. In comparison however, the research indicates that Delaware had the highest instance of hacks per capita. Under the 2015 theme "Secure the Future," OCBC recognizes Internet safety is a growing vulnerability for all businesses and is committed to being a resource for cybersecurity education for Orange County businesses. Join us for a Chairman's Leadership Breakfast on August 4 with Martha Daniel, Founder, President and CEO of IMRI Technology and Engineering Solutions, who is a leading business person and cybersecurity industry insider. CLICK HERE to register online today. For more information on OCBC's cybersecurity initiative, contact Matt Petteruto, Vice President, Economic Development. 


ORANGE COUNTY ECONOMIC GROWTH FINALLY REVVING INTO HIGH GEAR

The following article appears as it was published in the LA Times on July 23, 2015 by Andrew Khouri. Off the 405 Freeway in Irvine, hundreds of workers are busy erecting a 20-story glass office tower, a stark symbol of Orange County's economic expansion. This year, the county is expected to add the most new jobs in 17 years, outpacing the growth rate of California and the nation. Businesses are leasing so much space that the county's biggest landlord is running out of offices to offer tenants. "We have customers that we can't accommodate, because we are so full," said Irvine Co. office executive Steven M. Case. "That is the premise of building this building." The construction of 200 Spectrum Center, which will be the county's largest building, underscores a local economy that's finally revving into high gear, following a recession that decimated two of its leading industries: construction and the mortgage business. It took the state's third most populous county until March to regain all the jobs lost during the downturn. CLICK HERE to read more. 

JAMBOREE HOUSING RECEIVES FIRST OF ITS KIND CAP-AND-TRADE FUNDING

Jamboree Housing Inc. is among the first to receive a competitive cap-and-trade funds award by California Strategic Growth Council from the Greenhouse Gas Reduction Fund. The West Sacramento award is part of $121.9 million in competitive grants and loans made by the California Strategic Growth Council from the Greenhouse Gas Reduction Fund to 28 housing and transit-friendly infrastructure projects throughout the state that reduce greenhouse gas emissions and help fight climate change. The Affordable Housing and Sustainable Communities Program, which is one component of the funding initiative, will finance projects by supporting compact development along transit corridors. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development. 

COMMENT PERIOD ON BAY DELTA CONSERVATION PLAN ENVIRONMENTAL DOCS EXTENDED

A single wet winter in Northern California can replenish the Southland's water storage network, but the ability and reliability to move water from the North to the South is at risk due to aging water infrastructure and environmental challenges. In order to ensure a consistent and ongoing supply of water for Southern California, modernizing the water system and restoring the San Joaquin Delta is essential. The California Department of Water Resources and the Federal Bureau of Reclamation has announced that the public comment period for the draft environmental impact report (EIR) and the supplemental draft on the Bay Delta Conservation Plan/California WaterFix has been extended to October 30, 2015. The 60-day extension gives the public, government agencies and independent scientists more time to consider refinements and changes made since last summer to the plan that seeks to secure California's water supplies and improve ecosystem conditions in the Sacramento-San Joaquin Delta. The delta provides water to 25 million of California's 38 million residents and three million of roughly nine million irrigated acres of farmland. CLICK HERE to view or download the environmental documents to review. CLICK HERE for more information on the delta and its impact on Southern California. For more info, contact Bryan Starr, Senior Vice President, Government Affairs. 

GO-BIZ LAUNCHES NEW CA BUSINESS PORTAL: A ONE-STOP-SHOP WEBSITE FOR BUSINESS OWNERS

As part of an on-going effort to provide more online tools to businesses, the Governor's Office of Business and Economic Development (GO-Biz) launched the California Business Portal, a one-stop website for businesses owners looking for information and assistance including short guides on starting and growing specific types of businesses in California; permits, licensing and incentives info; and a service desk for commonly asked questions. In addition to the business portal, GO-Biz has delivered a number of web-based tools for business owners including easy to use online applications for the California Competes Tax Credit and the California Film Commission Tax Credit. For more information, contact Matt Petteruto, Vice President, Economic Development. 

LAST CHANCE TO REGISTER! GOLF FOR A GOOD CAUSE AT OCBC'S ANNUAL TOURNAMENT - JULY 30

Do you support Latino Educational Attainment? Then register today for this Thursday's Executive Invitational Golf Tournament, sponsored by Kaiser Permanente. Funds raised in the tournament support OCBC's workforce development programs, such as LEA, which empowers immigrant parents to be advocates for their children's education. 
DATE: Thursday, July 30, 2015  REGISTRATION: 11 a.m.   PLACE: Oak Creek Golf Club, Irvine
For more information, contact Sabra Ritter, Director of Events, at 9493794.7241.
     
SAVE THE DATE! OCBC'S ECONOMIC DEVELOPMENT FORUM - SEPT. 24
Morgan McGrath
JPMorgan Chase

Join OCBC for the 2015 Economic Development Forum, focusing on "How Orange County Manufacturers are Thriving in the Global Market," sponsored by Chase. As the sixth largest county in the nation, a state front runner in jobs creation, and a growing driver of international trade exports, Orange County is poised to lead the state and nation in economic advances throughout the 21st century. The forum will feature keynote speaker Morgan McGrath, Head of International Banking, Commercial Bank, JPMorgan Chase, as well as a panel discussion, and an OC manufacturing update from Dr. Wallace Walrod, Ph.D., Chief Economic Adviser to OCBC. Moderating the panel is Kathleen Marran, Vice President West Region Marketing, UPS. Panelists include Jatan Shah, COO, QSC Audio Products; Tom Croslin, Vice President, Boeing Commercial Airplanes, Southern California Engineering Design Center, The Boeing Company; and Dr. Noel Hacegaba, Managing Director of Commercial Operations and Chief Commercial Officer, Port of Long Beach

DATE: Thursday, September 24, 2015 REGISTRATION: 7:30 a.m. PROGRAM8 a.m.

ADJOURN: 10:00 a.m.  PLACE: The Irvine Marriot  I 18000 Von Karman Ave., Irvine 

For more information, contact  Sabra Ritter, Director of Events, at 949-794-7241.

THE CYBER-ECONOMY IS HERE! REGISTER FOR 2015 ECONOMIC FORECAST CONFERENCE - OCT. 29

The cyber-economy is here. How will it impact your business? Join OCBC and California State University, Fullerton for the 21st Annual Economic Forecast Conference on October 29 at Hotel Irvine as we address this issue and many others affecting the regional economy in 2015. The conference features keynote speaker Richard Davis, Chairman, President and CEO, US Bancorp, Dr. Anil Puri, Dean of the Mihaylo College of Business and Economics, CSUF, Dr. Mira Farka, Center for Economic Analysis and Forecasting, CSUF, and Richard Davis, President and CEO, US Bancorp. Join hundreds of Orange County business leaders for the county's premier economic conference and learn the latest opportunities for business growth and how to plan for the future. 

Date: Thursday, October 29, 2015  Registration: 11:00 a.m. Program: 11:30 a.m. (Please allow amble time for parking)

Adjourn: 1:30 p.m. Place: Hotel Irvine  I  17900 Jamboree Rd. Irvine, CA 

For more information, contact Sabra Ritter, Director of Events, at 949-794-7241

POLITICAL CORNER

Wednesday, July 29, 2015 - Join Mike Munzing to kickoff his campaign for re-election to the Aliso Viejo City Council from 6:00 to 8:00 p.m. Wednesday, July 29 at Lew Webb Classic Cars & Events Ctr. The cost is $99 per person and $150 per couple. Contact Gina@VoteMikeMunzing.com for more information and to RSVP.

 

Thursday, July 30, 2015 - You are invited to a reception to support Senator Cathleen Galgiani's re-election to the California Senate at 5:30 p.m. Thursday, July 30, 2015 at the Palm Restaurant. CLICK HERE for more information. 

 

Political events are for informational purposes only and are not necessarily endorsed by OCBC.

MEMBERS IN THE NEWS

COMMUNITY EVENTS    

F&M Bank offers Home Equity Line of Credit Promotion

F&M Bank recently announced a promotion for Home Equity Line of Credit (HELOC) with an initial interest rate of 1.99 percent for owner-occupied, single-family residences, with payment made via auto-debit to an F&M Bank account. CLICK HERE to learn more. 

 

World Affairs Council OC presents Afghanistan 2.0: Future Visions and Business - Thursday, July 30, 2015

Join the World Affairs Council of OC for "Afghanistan 2.0: Future Visions and Business," event featuring  guest speakers Col. Jim Bullion and his Excellency Noorullah Delawari. Bullion is an American Army Reserve Officer and has extensive experience in international business, specifically in the Middle East. Noorullah Delawari is the former governor of Da Afghanistan Bank and served as the Minister Adviser to President Karzi on the country's private sector. CLICK HERE for more information. 

 

Orange County Procurement Vendor Information Day - Thursday, July 30

The County of Orange has implemented a Vendor Information Day on the last Thursday of each month, with the exception of holidays. These sessions are to provide vendors with information on how to do business with the County and to answer questions regarding the County of Orange purchasing process. The next one will take place at 9 a.m. Thursday, July 30, 2015 at the County Procurement Office in Santa Ana. CLICK HERE for more information. 

 

Leadership in Heels - Friday, July 31

Join the Passkeys Foundation for the Leadership in Heels speaker series "For Women By Women" at 7 a.m. Friday, July 31, 2015 at Pacific Club. Join fellow women leaders in a candida conversation exploring authentic leadership and how to be ture to yourself while being an effective and dynamic leader. CLICK HERE to register. 

 

Local Government Forum Featuring Assemblymember Matthew Harper - Friday, July 31

Join your fellow city elected officials, city managers and city staff for the Orange County Division's General Membership meeting taking place 4:30 to 7:30 p.m. on Friday, July 31, 2015 at the Los Alamitos Race Course in the City of Cypress. The Division will host a Local Government Forum featuring Orange County's Assemblymember Matthew Harper, who serves as Vice Chair of the Assembly Labor and Employment Committee. CLICK HERE for more information. 

 

Deadline Approaching to Nominate a Company as a Top Workplace - Friday, August 14

The Orange County Register invites employees from leading Orange County-based companies to help identify the county's most inspiring companies that deserve recognition as a Top Workplace. The deadline to submit a nomination is Friday, July 17, 2015. The Register publishes its eighth annual Top Workplaces magazine on Dec. 3, and will host its signature event on Dec. 2 in Anaheim to celebrate companies that have inspiring leaders, great benefits and winning cultures.  CLICK HERE for more information and to nominate a company today. 

 

Looking for Volunteers! U.S. Energy Solar Decathlon at the Great Park - Oct. 8-18, 2015

Currently accepting volunteers to support the upcoming U.S. Department of Energy Solar Decathlon, which will be held Thursdays - Sundays, Oct. 8-18 at the Orange County Great Park in Irvine, California. Open to the public free of charge, the Solar Decathlon gives visitors the opportunity to tour solar-powered houses, gather ideas to use in their own homes, and learn how energy-saving features can help them save money today. Volunteers work alongside Solar Decathlon organizers serving as a greeter, docent, visitor liaison, education days mentors and more.  CLICK HERE to register or find out more about volunteering.

 

Discover Global Markets Business Forum Series - October 29-30
Become a sponsor today for the U.S. Commercial Service's Discover Global Markets Business Forum Series that takes place October 29 to 30, 2015 at Hilton Orange County in Costa Mesa. Get valuable exposure among U.S. exporters of products and services at an international business forum. CLICK HERE for more information. 
   

Imagine a Better Tomorrow - Friday, November 20

Save the date for the 17-year anniversary of Collette's Children's Home, Imagining a Better Tomorrow. Collette's Children's Home changes the live and builds a better future for over 3,300 homeless women and children. The event is at 6 p.m. Friday, November 20 at the Hyatt Regency, Long Beach. CLICK HERE to learn more. 

UPCOMING OCBC COMMITTEE MEETINGS: AUGUST

Economic Development

Wednesday, August 5, 2015  I  9:00 a.m. to 10:30 a.m.

 

Workforce Housing

Friday, August 7, 2015  I  7:30 a.m. to 9:00 a.m.

 

Advocacy and Government Affairs

Friday, August 7, 2015  I  9:00 a.m. to 10:30 a.m. 

 

Infrastructure

Tuesday, August 11, 2015  I  7:30 am. to 9:00 a.m. 

 

Latino Educational Attainment

Thursday, August 13, 2015  I  9:00 a.m. to 10:30 a.m.

 

Cybersecurity Task Force

Friday, August 14, 2015  I  8:30 a.m. to 10:00 a.m. 

 

Workforce Development

Wednesday, August 19, 2015  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 2014 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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