The Leading Voice of Business in Orange County Tuesday, August 12, 2014
OCBC SPONSORED RESOLUTION WILL LEVEL PLAYING FIELD FOR BIOTECH INDUSTRY
At OCBC's request, Senator Lou Correa, 34th District, is taking up a joint resolution on the Senate Floor tomorrow that focuses on the biotechnology industry. SJR 32 (Correa) urges the President and Congress to implement tax strategies that promote domestic economic growth, renewal and permanent establishment of the federal research and development tax credit, and repatriation of foreign-earned income. The United States is the birthplace of the life-science industry and California alone is home to nearly 2,500 biomedical companies. Sound tax policy can greatly influence life sciences and enhance global competitiveness by providing companies with important incentives to make high-risk investments, leading to the development of innovative, life-saving therapies and medical technologies - as well as create jobs. CLICK HERE to read more about the need to make reforms to the antiquated U.S. tax system in the recent U.S. Chamber of Commerce article "Demagoguery, Tomfoolery, and Tax Policy." CLICK HERE for OCBC's coalition letter to support SJR 32 (Correa). For more information, contact Brian Starr, Senior Vice President, Government Affairs.
SECRETARY KELLY: ALL LOCAL TOLL REVENUE SHOULD FUND LOCAL CORRIDOR IMPROVEMENTS
OCBC's OCMoves Steering Committee welcomed Brian Kelly, Secretary of the California State Transportation Agency (CalSTA), to meet with leaders from the public and private transportation sectors for a briefing Thursday. Secretary Kelly spoke of a variety of agency updates and reforms, including CalSTA's interest in developing a statewide managed lane, or tolling, strategy - which Caltrans recently announced support for as part the I-405 Improvement Project - a project that voters elected to fund under Measure M. While no formal plans have been adopted, both Caltrans and OCBC consider a managed lane strategy, such as continuous access and varying carpool capacity lanes, as the best option for the I-405 project. During his remarks, Secretary Kelly spoke of his desire that all toll revenue should stay local, rather than being dispersed throughout the state. OCBC applauds this sentiment as it is critical that any revenue from tolls goes to maintain and improve the Orange County transportation network. Additionally, the Administration is seeking public input of cap-and-trade auction proceeds to support the State's efforts to reduce greenhouse gases through two transit and rail programs established in Senate Bill 862 and is hosting numerous workshops where the public can provide feedback. CLICK HERE for more information about the workshops. For more information, contact Brian Starr, Senior Vice President, Government Affairs.
GOVERNOR SIGNS BILL TO GIVE LEGISLATORS MORE TIME TO NEGOTIATE WATER BOND
Yesterday, Governor Brown signed SB 1195 (Steinberg) to provide legislators with two extra days to negotiate a water bond to appear on the November 2014 ballot - moving the deadline to send out voter guides from 40 days before the election to 38 days. Legislators now have until Sunday, August 17 to cut a deal. After three major water bonds have died in the legislature, lawmakers are currently debating a $7.195 billion bond that would provide $2.5 billion to fund water storage and is "tunnel neutral" - meaning that no money is allotted to build a tunnel spanning from Northern to Southern California to convey water. After stating that he would not support the $11 billion bond that is currently on the ballot, the Governor challenged lawmakers to develop a bond totaling $6 billion, with $2 billion allotted for storage. OCBC is following legislators' negotiations closely and will continue to advocate for increased funding for water storage to prepare California for future droughts and sustain agriculture. For more information, contact Alicia Berhow, Vice President, Workforce Development.
OCBC HOSTS REP. ED ROYCE , BUSINESS LEADERS TO REAUTHORIZE EX-IM BANK
One of the most pressing economic issues that must be addressed by Congress upon their return from summer recess is the reauthorization of the United States Export-Import Bank (Ex-Im). Set to expire on September 30, the U.S. will face a severe disadvantage in the global competitive marketplace with major negative economic impacts to the regional and national economies if Congress does not reauthorize the Ex-Im. OCBC's efforts to educate government and business leaders on the importance of Ex-Im reauthorization included a recent discussion at OCBC's Advocacy and Government Affairs Committee. Special guest speaker U.S. Representative Ed Royce, 39th District provided his analysis on the future of the Ex-Im, including the importance of implementing badly needed structural reforms to the agency. CLICK HERE to read a letter of support signed by OCBC. CLICK HERE to read more. For more information, contact Bryan Starr, Senior Vice President, Government Affairs, or Matt Petteruto, Vice President, Economic Development.
LET THE PEOPLE CHOOSE! OCBC OPPOSES PROPOSED REGULATION ON RIDESHARE COMPANIES LIKE UBER
A bill that will hurt California consumers and ridesharing entrepreneurs is appearing before the Senate Appropriations Committee on Thursday. It is crucial that legislators hear your voice of opposition. AB 2293 would require drivers for ridesharing companies, like Uber and Lyft, to carry insurance that costs over 20 times what is required of taxi cab operations - stifling competition and enacting arbitrary new regulations that punish innovative ridesharing technologies. Should this bill become law, consumers will end up paying the price for the new insurance fees. CLICK HERE to read OCBC's letter of opposition. CLICK HERE to contact your legislator. For more information, contact Bryan Starr,Senior Vice President, Government Affairs.
FASCINATING COMPARISON: VALEANT AND ALLERGAN ON JOBS AND CORPORATE RESPONSIBILITY
The following article by Chris Harrington, Executive Director, Center for a New California, appears as it was published in the Los Angeles Register
on July 25, 2014.
Is it better to preserve a job or a tree, to reduce unemployment or carbon emissions? Is it more important to do a job that provides health benefits to many, or not do that job but create wealth for a relatively few? These may seem like academic thoughts, but consider the latter question in Valeant's bid for Allergan. Because jobs are often cited as the price paid when legislators or businesses support social or environmental agendas, a basic question arises: where do jobs fit into corporate social responsibility, or CSR? CLICK HERE to read more. For more information, contact Delaine Moore, Communications Manager.
OCBC HOSTS CYBERSECURITY EXPERT FROM DEPARTMENT OF HOMELAND SECURITY
Today, OCBC's Infrastructure Committee welcomed Department of Homeland Security's (DHS) Deron McElroy, Director of Regional Partnerships, Office of Cybersecurity and Communications. McElroy is one of four federal representatives who travel the nation to inform business and government leaders on how to enhance both organizational and personal cyber resilience. McElroy discussed that while there is a general consensus that keeping data secure is important, most businesses and agencies are a full year behind in their preparedness and ability to combat cyber threats. While his office is not a law enforcement entity, the Office of Cyber Security and Communications offers a variety of resources to organizations interested in a Cyber Resilience Review (CRR) and other programs that help organizations understand and measure cyber security capabilities as they relate to operational resilience and the ability to manage risk. For more information, contact Bryan Starr, Senior Vice President, Government Affairs, or Alicia Berhow, Vice President, Workforce Development.
WHO IS YOUR FAVORITE? TURNING RED TAPE INTO RED CARPET--NOMINATE A PROGRAM TODAY!
FHA/VA HOME LOAN CERTIFICATION IS A MUST FOR HEALTHY HOUSING MARKET
Nearly half of the home-buyers in the Orange County housing market who rely on FHA and VA home loans are alienated from the housing market. A large number of condominium complexes -- nearly 65 percent in South Orange County -- are not certified for Federal Housing Administration (FHA) and Veterans Affairs (VA) loans. Condominiums are the most common choice for first-time-buyers and by not having FHA/VA certification, condominium housing developments are "off-limits" to many. In order to address this issue, Orange County Association of Realtors is campaigning to educate homeowner associations and property management companies on the importance of obtaining FHA/VA certification, thereby increasing the number of qualified buyers on the market, allowing refinancing programs and reverse mortgages for existing homeowners, and providing access to more conventional financing options due to stronger property values and improved community stability. CLICK HERE for a video from OCAR discussing the importance of FHA/VA loan certification. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development.
ARTIC TRANSPORTATION HUB ON TRACK FOR DECEMBER OPENING
The Anaheim Intermodal Transportation Center (ARTIC) will open to Orange County's travelers this December. The Platinum LEED designed transportation hub employs a highly-efficient and sustainable design that optimizes the consumption of energy and water, and reduces storm water run-off, construction and operational waste, and air emissions. ARTIC offers a variety of transit options in one central location, including OCTA, Metrolink, Amtrak, shuttles, taxis and more; affording commuters convenient access to all of Southern California while reducing their carbon footprint. ARTIC will continue to have significant economic impact for the county as it hosts OC's 40 million annual travelers, creates 5,000 jobs and is "Buy America" compliant. Travelers will also experience unique dining and retail options, including the hub's first tenant The Lost Bean. Watch a video here on The Lost Bean coming to ARTIC. Read ARTIC by the numbers for a snapshot of the hub's benefits to the community. For more information, contact Delaine Moore, Communications Manager.
TWO MAJOR WINS FOR CA HIGH SPEED RAIL!
July 30 marked two major wins for the California High Speed Rail (HSR) project. A California appeals court ruled in favor of the state's ability to sell $8 billion in bonds to fund construction of the project that will connect Los Angeles to San Francisco, as well as overturn a lower court decision that found the state failed to comply with the law in developing a funding plan for the $68 billion project. Initial demolition to clear the way for the line in the Central Valley has begun. This year's state budget deal directed $250 million from cap-and-trade funding on carbon emissions for the first year and a quarter of the revenue from that fund in following years. Anaheim's ARTIC station is planned to be the "last stop" on the first leg of the HSR system. For more information, contact Bryan Starr, Senior Vice President, Government Affairs.
OC STEM ANNOUNCES RFP FOR COMMON CORE COMMUNICATIONS INITIATIVE
OC STEM has announced its Request for Proposals for comprehensive marketing and communication services to support California Common Core State Standards Communications Initiative. OC STEM is searching for services specifically for the development of a communications awareness campaign and an accompanying toolkit. The toolkit will use various platforms to inform parents, businesses and their employees and community at large in the key messages about the importance, purpose and implementation of the California Common Core State Standards in Orange County. CLICK HERE to read more about the RFP. For more information, contact Alicia Berhow, Vice President, Workforce Development.
OCBC AROUND THE COMMUNITY
July 29, 2014
Matt Petteruto, Vice President, Economic Development, and Dr. Wallace Walrod, Chief Economic Advisor to OCBC, provided comments at the Alternative Fuels Symposium held at Hyundai North America headquarters in Fountain Valley. Hosted by the Orange County Workforce Investment Board and Pacific Gateway Workforce Investment Network, the Alternative Fuels Symposium was designed to brief key stakeholders on the various investment strategies which were developed as part of the Alternative and Renewable Fuel and Vehicle Project. The goal of Alternative and Renewable Fuel and Vehicle Project is designed around the concept of creating an Orange/Los Angeles County cluster development strategy and implementation program that will allow the region to not only maintain its presence in the alternative fuel and advanced transportation industry, but to also grow and strengthen that presence. For more information, contact Matt Petteruto, Vice President, Economic Development.
August 8, 2014
Larry Brose, Vice President, Investor Relations and Business Development, spoke to about 100 attendees at the grand opening and welcoming of Manufacturers Bank in Brea, hosted by the Brea Chamber of Commerce. Manufacturers Bank is consistently one of the most financially sound banks in California and the new Brea location will occupy 15,000 square feet in the Brea Financial Center. For more information, contact Larry Brose, Vice President, Investor Relations and Buisiness Development.
August 27, 2014
In honor of the valuable partnership with OCBC over the years in providing service to the community, the Orange County Sanitation District is recognizing President and CEO Lucy Dunn and OCBC at the 60th anniversary celebration Board Meeting on August 27, 2014. For more information, contact Delaine Moore, Communications Manager.
WORKFORCE DEVELOPMENT AND THE GROWING SKILLS GAP - OCT. 7 CONFERENCE
Understand the current skills gap facing today's workforce and what this could mean for your business and industry. Register today for the 2014 Workforce Development Conference, hosted by OCBC and the Orange County Workforce Investment Board, presented by Union Bank. The conference will feature Ken McNeely, President, AT&T California, who will address the current skills gap companies face with incoming employees and what is needed to prepare a workforce for a competitive 21st century global economy. The conference will also unveil the 2014 Workforce Indicators Report with OCBC Chief Economic Advisor Dr. Wallace Walrod analyzing the county's economic and workforce trends. Thank you event sponsors Kaiser Permanente, The Boeing Company, Chevron, AT&T, Southern California Edison, Southern California Gas Company, and Wells Fargo.
WHEN: Thursday, October 7, 2014 I 11 a.m. to 1:30 p.m. I Sponsorships: $5,000 I $2,500
WHERE: Hotel Irvine
COST: Member: $125 I Non-member: $150
For more information, contact Sabra Benes, Events Manager.
BREAKING BAD OR BREAKING FREE? ECONOMIC FORECAST CONFERENCE - OCT.23
Join OCBC and California State University, Fullerton for the 20th Annual Economic Forecast Conference, presented by US Bank, on October 23, 2014 at Hotel Irvine. The conference features a forecast of Orange County's economic climate by Dr. Anil Puri, Dean of the Mihaylo College of Business and Economics, CSUF; and Dr. Mira Farka, Center for Economic Analysis and Forecasting, CSUF. The conference will also feature keynote speaker Emile Haddad, President and CEO, FivePoint Communities. 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.
WHEN: Thursday, October, 23, 2014 I 11 a.m. to 1:45 p.m.
WHERE: Hotel Irvine
COST: Individual: $160 I Table of Ten: $1,500 I Sponsorships: $7,500 I $3,500
For more information, contact Sabra Benes, Events Manager.
Wake Up! Newport - Thursday, August 14
Be an educated voter and hear directly from the Newport Beach City Council Candidates from 7:00 to 9 a.m. Thursday, August 14, 2014 at Newport Beach Public Library. Following an interactive panel format, the event will give a first-hand look at candidates' positions and experiences on various issues. OCBC's Lucy Dunn, President and CEO, will emcee the event. For more information, CLICK HERE.
The 2014 Trust Summit - Tuesday, August 19
The Values Institute at DGWB and California State University, Fullerton will recognize Orange County's 10 Most Trustworthy Brands of the year from 4 to 6 p.m. Tuesday, August 19, 2014 at the Cal State Fullerton Meng Concert Hall. CLICK HERE
for more information.
13th Annual Southern California Transportation Summit - Friday, September 5
Join Mobility 21 for the largest one-day transportation conference in the state from 8 a.m. to 4 p.m. Friday, September 5, 2014 at Disneyland Hotel Anaheim, Ca. It's the only place where attendees can mix and mingle with ever transportation CEO in Southern California, policy makers and nationally-known transportation experts. CLICK HERE to learn more and to register.
Santa Ana Chamber of Commerce Leadership Summit - Wednesday, September 10
Join the Santa Ana Chamber of Commerce for the upcoming 2014 Leadership Summit "Building Decision-Making Skills" from 7:30 to 9:30 a.m. Wednesday, September 10, 2014 at Tustin Ranch Golf Club. Panelists include David Cavazos, Santa Ana City Manager; OCBC's Lucy Dunn, President and CEO; and Aaron Kushner, CEO, Freedom Communications. The moderator is Lacy Kelly, CEO, Association of California Cities- Orange County. CLICK HERE for more information.
Spend the Morning with Daniel Goleman- Tuesday, September 16
Dr. Daniel Goleman is speaking about how leaders can drive high performance in organizations through focus and attention, and discussing his new book, Focus: The Hidden Driver of Excellence. Dr. Goleman is an award winning psychologist and international best-selling author. The event takes place 8:30 to 10:30 a.m. Tuesday, September 16 at the Pacific Ballroom UCI Student Center. Dr. Goleman will sign books after the event as well. CLICK HERE for more information.
IMPACT14: Internet Marketing Reimagined - September 24 through 26
Registration is now open for IMPACT14, which is the IMA Conference and Awards focusing on the internet marketing industry from September 24 through 26, 2014 at Aria Resort, CityCenter, Las Vegas, Nev. This extraordinary event focusing on innovation, education and recognition, and hosts distinguished keynote speakers on vital internet marketing topics, a series of breakout sessions presented by the industry's leading experts, and the 2014 IMPACT Awards recognition and celebration. CLICK HERE for a video about the event. CLICK HERE for more information.
Pacific Symphony's 2014-2015 Opening Night Festivities - September 25
Join Pacific Symphony for Opening Night festivities on September 25, which will kick off Music Director Carl St. Clair's 25th Anniversary season with a cocktail reception and black-tie dinner featuring special guest who have touched Maestro St. Clair's life with the symphony. The evening will conclude with a post-concert reception with both Maestro St. Clair and Joshua Bell in attendance. Support for the festivities go directly to Pacific Symphony's innovative artistic, community, and education programs. CLICK HERE for more information.
Political events are for information purposes and are not necessarily endorsed by OCBC.
Keith Curry For Assembly 2014 - August 14
Please join us for dinner and an exclusive briefing of the 2014 Legislative session and election prospects featuring Assembly Republican Leader Connie Conway and Senate Republican Leader Bob Huff August 14 at the Balboa Bay Resort located at 1221 Coast Highway Newport Beach, CA. OCBC endorsed candidate Keith Curry will be running for the 74th assembly district and would love your support. Reception starts at 5:30 and dinner at 6pm. CLICK HERE for more information.
Reception Honoring Hugh Nguyen - September 4
Hear the innovative changes underway and Hugh Nguyen's, Orange County Clerk Recorder, plans for the future of the Orange County Clerk-Recorders Offices from 5:30 to 7:30 p.m. at First American Financial Corporation's Main Conference Room located at 1 First American Way, Santa Ana, CA. CLICK HERE
for more information.
UPCOMING OCBC COMMITTEE MEETINGS: AUGUST
Latino Educational Attainment Committee Meeting
Thursday, August 14, 2014 I 9:00 a.m. - 10:30 a.m.
Workforce Development Committee Meeting
Wednesday, August 20, 2014 I 7:30 a.m. - 9:00 a.m.
Health Care Task Force Meeting
Tuesday, August 26, 2014 I 7:30 a.m. - 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.
|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! SUPPORT PACIFIC CHORALE AND ENJOY SHOWS AND SOIREES THROUGHOUT THE YEAR
Vivace is a new social-oriented support group of the Pacific Chorale, creating opportunities for music lovers to engage by attending concerts and interacting socially with the Pacific Chorale family. Vivace membership includes concert tickets, special soirees, and discounts and other offers at restaurants and hotels. For more information contact Liana Schwind at 714.662.2345 or firstname.lastname@example.org.
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.
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