The Leading Voice of Business in Orange County

Tuesday, August 13, 2013 

FUNDING FOR AFFORDABLE HOUSING MOVES THROUGH THE LEGISLATURE

California has one of the most expensive housing markets in the country, with many home and apartments out of reach to those making median income or below. Statewide the median price for a home is $352,000, requiring an annual household income of $135,000, which is far above the current median household income of less than $60,000. Similarly, in Orange County the median home price has reached $545,000, a 20 percent increase in a year. This issue has become even more urgent as the housing bonds that provided $500 million a year have run out, and the Legislature has eliminated redevelopment agencies that provided $1 billion a year for affordable housing. In response to this problem, Senator Mark Desaulnier sponsored the California Homes and Jobs Act (SB 391), which would put a $75 document recording fee on real estate transactions (excluding home and commercial property sales). This is expected to raise approximately $300 million in low-activity-years and $700 million in high-activity years to build an average of 10,500 new apartments and homes annually. Yesterday, OCBC's Bryan Starr, Senior Vice President, Government Affairs, testified in front of the Assembly Housing and Community Development Committee in support of this bill, stating that is will open a funding mechanism for more workforce housing in California. The bill passed the Senate in May, passed the Assembly Housing and Community Development Committee yesterday, and is now headed to Assembly Labor and Employment. SB-391 should acquire a large amount of support from Democrats and Republicans and has already gathered support from almost every major business association across the state. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs.

OC'S LEGISLATORS BACK CONSTRUCTION OF HUNTINGTON BEACH DESALINATION PLANT
In an unprecedented move, Orange County's 11 state legislators have recently signed a letter to support the construction of Poseidon Water's desalination project in Huntington Beach that is up for California Coastal Commission consideration in the fall. Poseidon's desalination project is an $899 million facility project that would draw in 127 million gallons of seawater and use electricity to generate 50 million gallons of freshwater daily. Although Orange County has shown a trend in conserving more water the past three years, lawmakers contend that Orange County will need to rely on an alternative water source in the future. Presently, Orange County imports 50 percent of its water from Colorado River and the State Water Project in order to meet the demands of residents and the economy. The Orange County water district has projected that in 2017, the Poseidon's desalination project would cost an extra $36 million to produce and average an increase of 7 percent in residents' water bills. The water district staff also predicted that desalinated water would become less expensive than imported water around 2035, but Poseidon officials remark that they are optimistic that desalinated water could cost less within the first decade of usage. If the Coastal Commission approves the project in the fall, Poseidon officials say that the project could be finished in late 2017. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
BRIDGE BASH HITS OC! PREPARE FOR 20-HOUR CLOSURE OF I-405 AUGUST 17 AND 18

The San Diego Freeway (I-405) will close from 9:00 p.m. on Saturday, August 17, through 5:00 p.m. on Sunday, August 18, between the San Gabriel River Freeway (I-605) and Valley View Street in Westminster. Crews will demolish the bridge linking the southbound I-405 to eastbound Garden Grove Freeway (SR-22) as part of the West County Connectors project. Construction of a new connector bridge was completed late last month and is now being used by drivers. Traffic on I-405 between Orange and Los Angeles counties averages approximately 370,000 vehicles each day, making it one of the busiest in the nation. There will be several detours along the I-405 that will be clearly marked. CLICK HERE for a map of closures and detours. Follow and tweet #Bridgebash on twitter for updates. For more information, contact Delaine Moore, Communications Manager.  

WELCOME TCA CEO NEIL PETERSON TO OCBC'S BOARD OF DIRECTORS

OCBC is pleased to welcome Neil Peterson, the newly appointed CEO of the Transportation Corridor Agencies, to the Board of Directors. Peterson joins TCA having served as a senior transportation strategy consultant with CH2M Hill and, prior to that, Booz, Allen & Hamilton. He is the founder of the non-profit Edge Foundation, which provides coaches for adolescent students with executive functioning challenges, ADHD being the most severe. Peterson was also the founding CEO of the car-sharing company Flexcar, now named Zipcar and a subsidiary of Avis Budget Group Inc. He has served as executive director of the Los Angeles County Transportation Commission and chief executive of public transportation systems in Seattle and Oakland.  In Washington State, he was the chief operating officer for state programs for the physically and mentally disabled, juvenile corrections, welfare, social services, Medicaid, alcoholism, drug abuse, aging and other special programs. Peterson was formerly city administrator of New Brunswick, N.J. -- responsible for all city functions, including public safety, transportation and economic development. He earned a bachelor's degree in political science from Williams College and a master's degree in public and international affairs from the Woodrow Wilson School of Public and International Affairs at Princeton University. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development.  

ONTARIO AIRPORT FACES GRIM FUTURE WITHOUT IMMEDIATE ACTION

In a report released last week, officials say the Ontario International Airport has experienced a decline in passengers so severe that the facility could reach a point where recovery would be extremely difficult. While many of Southern California's airports have begun to recover and regain passengers, ONT has lost 40 percent of its 7.2 million annual passengers from 2007 to 2012 and has an expected eight percent decline for this year. If recent rates of decline continue, they will lead to substantial further passenger losses for the airport, with total passengers falling below the two million mark between 2020 and 2024. In turn, these losses would lead to the loss of thousands of jobs and additional tens of millions in economic activity for the region. The downward cycle is exacerbated because the efforts of Los Angeles World Airports (LAWA), which owns and operates ONT, to reduce the airport's operating costs have not succeeded. The problem at hand is that LAWA is controlling an airport nearly 60 miles away from LAX and has invested billions in LAX but little to turn ONT around.

 

More than 130 cities, counties, public officials, businesses, organizations, and newspapers support transferring ONT from LAWA's powers to the Ontario International Airport Authority. Early this year, the City of Ontario filed a claim to terminate the Joint Powers Agreement between Ontario and the City of Los Angeles. The Ontario airport is an essential asset to the economic future of both the city and the Southern California region as a whole. By gaining local control, OIAA hopes to increase traffic through the airport, make operations more efficient, and provide travelers and cargo more options for traveling in and out of the region. CLICK HERE to read the report. For more information, contact Matt Petteruto, Vice President, Economic Development. 

DUNN & DONE: THE TOURISM INDUSTRY IS AN ECONOMIC POWERHOUSE FOR CA AND OC

 

Originally published in Fox & Hounds

 

Last week, I moderated a panel discussion on tourism in Orange County, hosted by the California Women's Leadership Association, and was reminded of the importance that travel and tourism has on this region's economic engine, broadening the state's economic base, and driving recovery.

 

Unemployment in Orange County recently dropped to its lowest level in several years, highlighting the continued recovery from the recession. Leisure and hospitality businesses have helped drive that recovery in Orange County as more discretionary dollars became evident, more people visited local restaurants and hotels, and tourism flourished.

 

Tourism is an economic powerhouse for California. In 2012, 230 million visitors traveled throughout the Golden State, injecting $106 billion dollars in direct spending into the economy, supporting nearly one million jobs and generating $11.4 billion in local, state and federal tax revenues.

 

This industry is remarkably resilient, weathering tough economies better than many others. This resilience helped ensure a steady, reliable, much-needed tax revenue stream at both the local and state levels. It also helped improve the state's global economic ranking. According to a new study by the Center for the Continuing Study of the California Economy, California is poised to reclaim its title as the world's eighth-largest economy, with tourism playing a key role in the rebound. CLICK HERE to read more. For more information, contact Delaine Moore, Communications Manager.  

WHICH PUBLIC AGENCIES IN OC ARE CUTTING THROUGH RED TAPE? WE WANT TO KNOW!
OCBC is now accepting nominations for the 3rd Annual Turning Red Tape Into Red Carpet Awards, recognizing Orange County's outstanding public agencies that proactively cut bureaucratic red tape and open the door for jobs creation and sustainable economic recovery. On Wednesday, November 20, 2013, OCBC will host the 3rd Annual Turning Red Tape Into Red Carpet Awards and Reception at the Center Club in Costa Mesa, sponsored by Chase, honoring all award nominees and winners, securing media attention for their good work, and providing recognition from a grateful business community. 
 

Program Awards will be presented in the categories of Business Retention and Expansion, Responding to Globalization, Sustainable and Green Development and Real Estate Redevelopment and Reuse. Awards will also be presented for Public-Private Partnership and Leadership in Public Service. Applications are being accepted now through September 13, 2013. Apply online at  www.ocbc.org/redcarpet. For more information, contact Matt Petteruto, Vice President, Economic Development.

GOV. BROWN SIGNS NEW "CALIFORNIA COMPETES" TAX CREDIT LAW

As part of Governor Brown's wholesale revamp of the California Enterprise Zone program, the state Legislature approved the "California Competes" tax credit. These special tax credit funds will be made 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 percent of these credits will be designated for small businesses.  CLICK HERE for more information regarding how the tax credit will be made available to existing California businesses, as well as businesses considering moving their operations to the state. For more information, contact Matt Petteruto, Vice President, Economic Development. 

CONGRATULATIONS TO THE TOURNAMENT WINNERS!

If you weren't there, YOU MISSED A GREAT DAY OF GOLF AND CONNECTIONS! 

On August 1, 140 Orange County business leaders joined OCBC for a day on the green at the 2013 Annual Executive Invitational Golf Tournament, presented by Kaiser Permanente. Congratulations to the Tournament Winners!

  • 1st Place Champion: Kaiser Team - John Stratman, Juan Lopez, Tom Brietfeller, and Neil Robinson 
  • 1st Place Mixed: Robert Mayer Corporation Team - Bobbie Mayer, Veronica Mora, Mark Moffit, and BJ Delzer 
  • Horse Race Classic: Kaiser Team - John Stratman and Tom Brietfeller
 CLICK HERE to view photos of the tournament. If you attended the event, please take a moment to complete this brief 10-question survey about your experience. Save the date for next year's golf tournament on Thursday, July 24! For more information, contact Leslie Dods, Director of Events. 
INVESTOR SPOTLIGHT: PROJECT ACCESS JOINS OCBC AS NEW MEMBER

OCBC is pleased to welcome new investor, Project Access, a nonprofit organization that serves low-income seniors and families. Founded in 1999, Project Access provides education, health, and employment services to families, children, and seniors living in low-income housing communities throughout California. Project Access works with affordable housing developers and owners to bring services to residents and those living within the overall community. Headquartered in Newport Beach, Project Access runs resource centers at nearly 50 low-income properties throughout California and is on its way to serve over 10,000 low-income individuals in 2013. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development.   

CONGRATULATIONS TO OCBC MEMBERS RECOGNIZED AS "BEST PLACES TO WORK"

Orange County Business Journal recently recognized 100 companies on their annual "Best Places to Work" list. Many OCBC members topped the list, including Jones Lang Salle, Hyatt Regency Huntington Beach Resort and Spa, Kaiser Permanente, Burns & McDonnell Engineering Co., Rutan & Tucker LLP, Allergan Inc., First American Financial Corp., Rancho Mission Viejo LLC, and Newmeyer & Dillon LLP. The companies were chosen based on their commitment to providing a balanced work-life environment, fostering teamwork and upholding excellence in corporate responsibility. CLICK HERE to see the full list. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development.

IS YOUR COMPANY THE BEST? NOMINATE IT FOR OC REGISTER'S TOP WORKPLACES SURVEY

The Orange County Register is calling all businesses to participate in the Register's fifth annual  

Top Workplaces Survey. The survey honors Orange County's best businesses for demonstrating a commitment to community, leadership, advancement, work culture, and performance. The Register accepts nominations for all companies large and small, for-profit and nonprofits alike for the honor. Through the award, the Register hopes to commend companies that have excelled in creating a dynamic and innovative workplace to set an example for other companies. Nominations are free, with a short five minute questionnaire covering topics, including leadership, training, compensation and benefits. This year the Register also included corporate social responsibility into its questionnaire, asking participants to rate companies' volunteer activities, donations, and sponsorship of community programs. CLICK HERE to nominate a company. The deadline for nominations is August 16. For more information, contact Delaine Moore, Communications Manager.  

HEAR FROM DISNEYLAND'S NEW PRESIDENT AT NEXT CHAIRMAN'S LEADERSHIP BREAKFAST - AUGUST 15

OCBC's third Chairman's Leadership Breakfast of the year on August, 15, 2013 features Michael Colglazier, President of Disneyland Resort. Colglazier's Disney career spans more than two decades across several areas of Walt Disney Parks and Resorts, including Operations, Global Development, Disney Photo Imaging, Operations Strategy and Technology and Strategic Planning. For the last several years, Colglazier has served as head of Disney's Animal Kingdom Theme Park, where he has been instrumental in the planning and development of an Avatar-themed land. Don't miss this opportunity to hear from one of Orange County's top executives, hosted by CEO Leadership Caucus Chairman, Tom Phelps, Manatt, Phelps & Phillips. Thanks to CLB sponsors Wells Fargo and  AT&T.

 

WHEN: Thursday, August 15 

TIME: 7:30am - Registration, 8:00am - Program, 9:00am - Adjourn 

WHERE: The Center Club, 650 Town Center Drive, Costa Mesa 

TICKETS: OCBC Members: $60, Non-Members: $125  

       

 For more information please contact Leslie Dods, Director of Events. 

WHAT IS THE FUTURE OF OC'S WORKFORCE? WE'VE GOT THE ANSWERS - OCT 3
Register today for the 2013 Workforce Development Conference, hosted by OCBC and the Orange County Workforce Investment Board. Under the theme "Preparing a 21st Century Workforce: The Common Core and Education Modernization," the conference will address current workforce trends and what is needed to prepare a workforce for a competitive, 21st century global economy. The conference will also unveil the 2013 Workforce Indicators Report with OCBC Chief Economic Advisor Dr. Wallace Walrod analyzing the county's economic and workforce trends. Speakers to be announced!
 

WHEN: Thursday, October 3, 2013 I 11:00 a.m. - 1:30 p.m.

WHERE: Hyatt Regency Irvine, 17900 Jamboree Rd., Irvine 

COST: OCBC Member: $95  I  Non-Member: $125

                     

For more information, contact Leslie Dods, Director of Events. 

IS THE ECONOMY ON THE WAY TO STABLE RECOVERY? HEAR FROM OC'S LEADING ECONOMISTS - OCT 24

Join OCBC and the  Mihaylo College of Business and Economics at Cal State Fullerton for the 19th Annual Economic Forecast Conference, "Escape Velocity: Is the Economy There? Why Business Cares." The conference features 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, Chairman, President and Chief Executive Officer, 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.

WHEN: Thursday, October 24, 2013  I  11:00 a.m. - 1:45 p.m.
WHERE: Hyatt Regency Irvine, 17900 Jamboree Rd., Irvine
COST: Individual: $150  I  Table of Ten: $1,250

             

For more information, contact Leslie Dods, Director of Events.   

SAVE THE DATE FOR OCBC'S ANNUAL DINNER - FEBRUARY 20, 2014
SAVE THE DATE! OCBC is pleased to announce the 2014 Annual Dinner will take place on Thursday, February 20, 2014. Mark your calendars for this exciting gala event featuring a prominent keynote speaker and the installation of OCBC's 2014 Chair and Board of Directors. More information coming soon! For more information, contact Leslie Dods, Director of Events. 
CALENDAR 2ND ANNUAL CALIFORNIA ECONOMIC SUMMIT - NOV. 7 IN LA

California Forward and the California Stewardship Network will once again host a statewide summit to grow jobs and spur California's economy with action teams and initiatives in Workforce Development, Manufacturing, Working Landscapes, Regulatory Reform (including CEQA Reform), Housing and Working Capital. YOU need to take part and help make the summit a success. OCBC's Lucy Dunn and former California HCD Director Cathy Creswell are co-chairing the Summit's Housing Initiative and are looking for committee members to help them develop a state action plan to meeting the need. For more info, visit www.caeconomy.org. Sign up now, pick your favorite initiative and join the pre-conference phone calls to refine the action team charters for success. CLICK HERE to register. For more information contact Matt Petteruto, Vice President, Economic Development.  

ORANGE IS THE NEW GREEN: IRVINE UNIFIED SCHOOL DISTRICT GOES SOLAR 

The Irvine Unified School District plans to move forward with arrangements to install solar power systems at nine new schools. In 2010 and 2011, Irvine Unified School District first put the plan into action by adding solar tiles to the rooftops of 13 schools and constructing vehicle shade structures with photovoltaic panels at two district sites. IUSD accomplished this by entering a mutually beneficial agreement with SunEdison and managed to build an agreement to save the district about $220,000 a year with no upfront capital cost. The second phase of spreading solar power systems at nine new schools will reduce energy spending by about $305,000 a year and a projected 20 year saving of $9.6 million. This initiative includes adding new vehicle shade structures to the parking lots of the schools. In addition, the district has been using the new solar power installation as an opportunity to educate fifth and sixth graders on renewable energy sources as part of their curriculum. For more information, contact Delaine Moore, Communications Manager.

OCBC MEMBERS IN THE NEWS 

For more information, contact Delaine Moore, Communications Manager. 

NEWS YOU CAN USE: SHARE YOUR SUMMER THROUGH PHOTOS   

Frametastic: Create beautiful collages of your vacation and apply special effects and themes to make the collage stand out. You can easily share with popular social media sites such as Twitter, Facebook, Instagram and Tumblr.

Panorama: Capture the whole scenery around you using this powerful image stitch tool. Photo enhancing options and user-friendly interface allow you to share your experience easily.

Photo Transfer: Transfer your picture files easily from your iPhone to iPad or Mac and PC. Photos transfer quickly and full resolution for an easy way to share your summer.

Path: Share your photos in a private social network. This app allows you to share photos, chat with friends, send stickers, and post check-ins in the comfort of your privacy. Path allows you to utilize your private social network with up to 150 people.

Shutterfly: Turn your favorite digital pictures into photo prints through an easily upload. Create photo books, collages, birthday cards, phone cases and other gifts.

 

For more information, contact Delaine Moore, Communications Manager.  

COMMUNITY EVENTS

Cox Communications and HLN present Digital Fingerprinting for Kids - August 17

Join Cox Communications and HLN for a fun, free safety event that could help protect your children in case they go missing. The event will be held at 28950 Golden Lantern, Laguna Niguel from 11:00 a.m. to 1:00 p.m. CLICK HERE for more information. 

 

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.

  

14th Annual Orange County Arts Awards - Tuesday, Saturday, 24

Join Orange County's art community at the 2013 Orange County Arts Awards on Tuesday, Saturday, 24, 2013, held at the Samueli Theater, Segerstrom Center for the Arts. Dinner and Reception at 5:00 p.m. and Awards Ceremony at 7:30 p.m.

The awards will honor local artists for outstanding achievement and benefits Arts Orange County, the principal nonprofit organization providing services to artists and arts organizations in this community. CLICK HERE for more information. CLICK HERE for the registration form.  

 

OC Great Park to Host 2013 Solar Decathlon - 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: AUGUST
Latino Educational Attainment Committee Meeting
Thursday, August 15, 2013  I  9:00-10:30am

Workforce Development Committee Meeting
Wednesday, August 21, 2013  I  7:30-9:00am

Healthcare Task Force Meeting
Tuesday, August 27, 2013  I  7:30-9:00am

Advocacy and Government Affairs Committee Meeting
Friday, August 30, 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.
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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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