The Leading Voice of Business in Orange County                                                                                   Tuesday, November 15, 2016
BREAKING NEWS: BOEING ANNOUNCES OPERATIONAL CHANGES THAT IMPACT SO CAL
The Boeing Company is taking steps to operate its Defense, Space & Security business more efficiently through facilities consolidations and work movements that will increase employment in Los Angeles County, St. Louis, and Huntsville, Ala. By the end of 2020, Boeing will reduce facilities space by approximately 4.5 million square feet. Along with that, many positions in Huntington Beach will move to El Segundo, Long Beach, and Seal Beach in Southern California, with others moving to St. Louis and Huntsville, Ala. With the moves, Los Angeles County gains about 1,600 positions, with St. Louis gaining 500 and Huntsville about 400. "I put it in context of other global companies such as Allergan, AT&T, Time Warner," said Lucy Dunn, OCBC President and CEO. "All are adapting to competition in a global marketplace. This is not just Orange County oriented, but a reorganization across many states."
LANDMARK AGREEMENT PROTECTS RESOURCES AND COMPLETION OF SR 241 IN SOUTH OC
OCBC commends the momentous historic agreement to end 15 years of dispute and litigation over the SR 241 Toll Road Extension. The decision between Foothill/Eastern Transportation Corridor Agency (TCA), California Attorney General Kamala Harris, the Save San Onofre Coalition, the California Park and Recreation Commission and the Native American Heritage Commission presents an opportunity for TCA to consider a number of transportation project ideas - including completion of the State Route 241-Interstate 5 connection while protecting sensitive lands and cultural resources within the San Mateo Creek watershed. "Congratulations to all for their hard work and dedication. To move forward after decades of litigation on real traffic relief solutions for South Orange County while protecting its environmental treasures including Trestles, San Onofre State Park, sacred sites, endangered species habitat and open space is truly momentous," said Lucy Dunn, president and CEO, OCBC. "OCBC strives to enhance the economic vitality of Orange County and this partnership is a move in the right direction; building a strong economy, enhancing mobility for people and goods, and providing real environmental protections are mutually beneficial to a thriving Orange County. OCBC will remain actively engaged to realize these goals as the settlement is implemented." CLICK HERE to learn more about the landmark agreement. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
LUCY DUNN EARNS PRESTIGIOUS AWARD FOR WORK ON SR 241 AGREEMENT
On Thursday, November 10, Dan Silver, Executive Director of the Endangered Habitats League (EHL), presented Lucy Dunn with its coveted Award of Excellence for her leadership in shepherding the historic Foothill Toll Road Settlement Agreement to successful conclusion. The EHL is dedicated to the protection of the diverse ecosystems of Southern California and to sensitive and sustainable land use for the benefit of all the region's inhabitants. For more information, contact Delaine Moore, Communications Director. 
SINCE 1796, CONTENTIOUS ELECTIONS HAVE BEEN PART OF US HISTORY
As any grammar school student knows, General Washington was unanimously elected by the Electoral College, and then essentially drafted for a second term, unanimously elected by the Electoral College.  That has never happened since. America's first truly contested presidential election came in 1796, featuring a field of candidates, notably including John Adams and Thomas Jefferson.  That election demonstrated from the start that American presidential campaigns would not be mere gentlemanly debates, but would be truly contentious, including negative campaigning against opponents.  The candidates of the time did not overtly campaign, but instead were promoted by their supporters.  These factions were already on their way to becoming formal political parties, the forerunners of today's Democrat and Republican parties.  In the election campaign of 1796, supporters of Thomas Jefferson argued that John Adams was a monarchist who wanted to set up a king in America.  Adams' supporters said that Thomas Jefferson was a Francophile who wanted a version of the bloody French Revolution here in America.  Of course, John Adams won the election and served his term, which brought the country to its second disputed election in 1800, featuring the same two principal opponents.* The 1800 campaign was even more acrimonious, and it would have been familiar to any political campaigner today.  CLICK HERE to read more. 
MANY STATE AND LOCAL RACES STILL TOO CLOSE TO CALL
While the Presidency has been decided, many local and state races continue to hang in the balance.  According to the Orange County Registrar of voters,  287,875 estimated ballots remain to be counted from last Tuesday's election and 4 million ballots to be counted statewide.  This is a significant number that could certainly have an impact on some of the closer races in Orange County, many of which are within just a few hundred votes or less. For instance, in Lake Forest the race to determine which council incumbent will survive between Adam Nick and Dwight Robinson is too close to call.  As of Nov. 15, Robinson leads by a mere 176 votes. Other close races include a council race in Yorba Linda and a couple of council seats in Anaheim. A key race to monitor with a thin margin is between Republican Ling Ling Chang and Democrat Josh Newman in the 29th Senate District. If the Republican Chang holds on and wins, it will make her the determining factor in whether the Democrats in the legislature acquire the "two-thirds" majority - the threshold needed for tax increases in California. The Registrar's office is counting about 35,000 ballots per day.  At this rate, Orange County might not certify the election for another week or two. OCBC is closely monitoring the results as they come in and will provide a final recap once the election is certified. Election updates can be found at OCVOTE.COM. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
CA WOMEN LEAD - CONTINUED DECLINE IN WOMEN ELECTED OFFICIALS TO 22%
According to a recent report from California Women Lead, a nonpartisan nonprofit organization, the number of women serving in the legislature decreased after the Nov. 8 Election. The State Senate saw a decline of female-held seats from 12 to 10, and the State Assembly saw a decline of 19 to 17 women-held seats so far. The total number of women serving in the State Legislature fell from 31 to 27 seats. "For a state as progressive as California, this is embarrassing," said CWL board member, Lucy Dunn. The CA Women Lead will launch a new LEADership Academy in 2017 to engage women as civic leaders and help them excel as leaders personally, professionally, and politically, and to educate on important policy issues facing the state.  With over 12 modules being offered statewide, the hope is that more women from all ethnicities and backgrounds, close some of the divisions that exist among women and work together to increase our collective representation in elected and appointed office in California. For more information, contact Alicia Berhow, Vice President, Workforce Development and Advocacy. 
FIVEPOINT UNVEILS PROPOSAL FOR NEWHALL RANCH WITH ZERO NET GREENHOUSE GAS EMISSIONS
OCBC investor FivePoint announced an unprecedented initiative to develop the Newhall Ranch planned community that will result in no net emissions of greenhouse gases. By implementing a comprehensive array of green innovations onsite and within L.A. County, as well as funding direct emissions reduction activities in California and around the world, "Net Zero Newhall" will achieve a net zero emissions of greenhouse gases from both construction and operation - the first for a community of its scale in the United States. The Net Zero Newhall initiative will support the State of California's leadership against global climate change, furthering the goals of newly enacted climate change legislation by the state. Additional sustainability features include the permanent, funded protection of 10,000 acres of open space and extensive measures to conserve water. CLICK HERE to learn more about the project. For more information, contact Patty Conover, Public Relations Manager. 

On November 2, OCBC and CSU Fullerton held the 22nd Annual Economic Forecast Conference at Hotel Irvine with nearly 800 business, academic and community leaders in attendance. During the program, Richard Davis, CEO, US Bank gave a keynote presentation, in addition to the 2017 Economic Forecast from CSU Fullerton economists Dr. Anil Puri, Provost and VP of Academic Affairs, and Dr. Mira Farka, Associate Professor. They are both directors of the Woods Center for Economic Analysis and Forecasting. The conference theme was "World at a Crossroads: Navigating Risks in Pursuit of an Ideal Climate," and through both economists' presentations, it is clear that the world is indeed at a crossroads. As the event was just one week away from the Nov. 8 Presidential Election, the economists provided an in-depth analysis of economic policies from Hillary Clinton and Donald Trump, and the projections for how the economy would fair should they be enacted. Dr. Puri discussed major stressors of 2016 and how they will impact 2017, such as concerns about China's economy, financial volatility, and domestic housing shortages. Dr. Farka stressed that job growth has occurred in high and low income sectors, but still remains weak for middle income occupations. CLICK HERE for an article from The Orange County Register covering the event. For more information, contact Jocelin Jimenez, Economic Development Specialist. 
LEGISLATORS INTRODUCE A TRANSPO FUNDING BILL AS SPECIAL SESSION DEADLINE DRAWS NEAR
On July 16, 2015, Gov. Jerry Brown called for an extraordinary session of the California Legislature to address transportation funding shortfalls, but lawmakers never convened. At the time, the governor noted that fuel excises taxes projected about $2.3 billion annually in funding, but that a shortfall for repairs of about $5.7 billion a year remained. As the special session deadline is November 30, transportation leaders have put forward a massive funding package that is co-authored by Assembly Transportation Committee Chairman Jim Frazier and Senate Transportation Committee Chairman Jim Beall. It is unclear now whether the legislature will actually convene a lame duck session to address the proposed bill. No matter the outcome, the funding shortfalls remain a critical issue for California and OCBC will continue to make state funding for infrastructure a key priority. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs.
CA TRANSPORTATION COMMISSION ALLOCATES $18.6 MILLION FOR OC PROJECTS
transit forum
Orange County projects received an allocation of $18.6 million at the October California Transportation Commission meeting in San Jose. OCTA received $7.8 million for the Interstate 405 Improvement project and $2.5 million for the OC Bus System-Wide Mobile Ticketing project. The California Department of Transportation received $6.3 million in State Highway Operation and Protection Program funds for one project in the City of Anaheim at the State Route (SR) 91/57 separation and the SR 91/55 separation. Improvements include installing additional high mast and roadway lighting, upgrading guardrail, and more. Various cities in OC also received $2 million in Active Transportation Program funds for bicycle and pedestrian projects. OCBC President and CEO Lucy Dunn currently serves as a California Transportation Commissioner, working to advocate for Orange County's fair share of transportation funding. For more information, contact Bryan Starr, Sr. VP, Government Affairs.
SOUTHERN CALIFORNIA AWARDED LESS THAN FAIR SHARE IN AFFORDABLE HOUSING FUNDS
Seven projects in the Southern California Associated Governments (SCAG) region are to be awarded funding during Round Tow of Affordable Housing & Sustainable Communities (AHSC) program, totaling $76,601,014 million. While OCBC commends the Strategic Growth Council's efforts to award funding for much needed housing, OCBC echoes the sentiment of SCAG Executive Director  Hasan Ikhrata that this amount is not nearly close to what the region's fair share of cap and trade funds calls for considering the region's size, overall air quality, and sheer number of disadvantaged communities and affected population. Over 48 percent of the state's population and 67 percent of its disadvantaged communities live here, yet regional project applications received only 26 percent of awarded funding.  This trend cannot continue as the SCAG region has by far the greatest population impacted by harmful emissions and the greatest aggregate need. OCBC encourages AHSC to consider these points as it moves forwarded in awarding funding. For more information, contact Patty Conover, Public Affairs manager. 
FULLERTON MOVES FORWARD WITH WEST COYOTE HILLS PROJECT, WIN FOR HOUSING ADVOCATES
OCBC and other housing advocates experienced an exciting win October 31 as Orange County Superior Court Judge William D. Claster ruled that the City of Fullerton can continue its plan to develop parcels of West Coyote Hills, while also preserving 60 percent of the land for natural habitats. The 510-acre property is owned by OCBC investor Chevron, which has spent the last year defending its right to move forward with the much-needed project against a lawsuit filed by FriendS of Coyote Hills, which has fought against any development on the land. Under an agreement with Chevron, Fullerton and preservation groups have through early 2017 to purchase parcels of West Coyote Hills. Pacific Coast Homes, owned by Chevron, will develop parcels that aren't bought with up to 760 homes, a new commercial center and 10 miles of new trails. For more information, contact Patty Conover, Public Affairs Manager.
FIVE REASONS WHY SOUTHERN CALIFORNIANS NEED THE CALIFORNIA WATER FIX
A few months from now, state and federal officials will make some of the most important decisions in decades to modernize California's water system.  For Southern Californians, the stakes could not be higher. About one-third of the water we use comes from Northern California via the Sacramento-San Joaquin Delta. A plan called California WaterFix would improve our aging water system by building three new intakes in the Northern Delta and two tunnels to convey water to the start California Aqueduct in the southern Delta. A companion plan, California EcoRestore, would make important investments to improve the Delta's ecosystem. Why do we need these plans?  Here are five reasons. CLICK HERE to read more. For more information, contact Alicia Berhow, Vice President, Workforce Development and Advocacy.
OCBC COMMENDS JAMBOREE HOUSING ON OPENING ROCKWOOD APARTMENTS IN ANAHEIM
Jamboree Housing, an OCBC investor, held a grand opening in Anaheim Tuesday for Rockwood Apartments, which is a complex on Lincoln Avenue serving residents with limited incomes. The $32 million project was funded by a Bank of America tax credit investment, along with funding from the U.S. Department of Housing and Urban Development. The complex is 100 percent occupied and comprised of 70 units with rents varying from $266 to $1,267, depending on income levels. Most of the apartments come fully furnished and the complex features a basketball court, barbecue grill, a playground, a life-sized chess board, wireless internet, security cameras and a community building with a computer lab and test kitchen. The impressive complex helps families transition out of homelessness and provide much needed support for those with disabilities and mental illness. CLICK HERE to watch video coverage of the complex. For more information, contact Patty Conover, Public Affairs Manager. 
SOCAL GAS REQUESTS APPROVAL TO REPLENISH GAS SUPPLY AT ALISO STORAGE FACILITY
On November 1, SoCal Gas requested regulatory approval to resume injection operations through approved wells at its Aliso Canyon storage. In support of this request, SoCalGas submitted a detailed status report on all 114 wells at the facility addressing the requirements of the California state-mandated Comprehensive Safety Review and provided additional information requested by state agencies, including a risk management plan for the facility. The utility made several infrastructure and technology enhancements, including new metal tubing of every well approved for injection; around-the-clock pressure monitoring of all wells in a 24-hour operations center; and an infrared fence-line methane detection system. OCBC has sent multiple letters in support of reopening this storage facility critical to Southern California's energy reliability. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
GET YOUR CYBERSECURITY TIP OF THE DAY HERE...
In today's world where virtually every electronic device can connect to the Internet, opportunities are nearly boundless for businesses to collaborate and connect, but this also means an increased vulnerability to new cyber threats.  OCBC's Cybersecurity Corner offers ways to improve your online safety by providing a Cybersecurity Tip of the day.
 
Cybersecurity Tip #2: Developing good password management skills is critical in today's connected world, both at work and at home. It is recommended to incorporate a two-factor authentication to add a layer of protection. Train employees to use longer, more complex passwords that combine numbers, letters, capitalization, and symbols.  Create unique passwords for different accounts and keep them in a secure place. more information about, contact Jocelin Jimenez, Economic Development Specialist.
OCBC, GO-BIZ TO HOST CALIFORNIA COMPETES TAX CREDIT WORKSHOPS IN OC 
Join OCBC and The Governor's Office of Business and Economic Development (GO-Biz) on Wednesday December 14 in Fullerton  and Thursday, December 15 in Mission Viejo for two workshops on the California Competes Tax Credit.  Small, medium and large businesses are encouraged to attend the workshop and receive instruction on how to apply for this tax credit program available from the State. Learn how your business can apply for millions in available new tax credits. This fiscal year, GO-Biz allocated approximately $160 million to 259 companies that are projected to create over 20,000 jobs and make almost $3.2 billion in investments. The workshop and the program are both free and available to businesses of all sizes. For more information, contact Jocelin Jimenez, Economic Development Specialist. 

EARLY BIRD REGISTRATION OPEN FOR CA ECONOMIC SUMMIT - DEC. 13-14
The Fifth Annual California Economic Summit will bring together one of the state's largest networks of public-and-private-sector leaders committed to the triple bottom line of improving the workforce pipeline, increasing the supply of housing, and expanding regional water management in the state. The Summit has already made significant progress on each of these challenges this year, but there is much more to come.  Confirmed speakers at the two-day event include Janet Napolitano, University of California President; Timothy White, California State University Chancellor; and Eloy Oakley-Ortiz, California Community Colleges Incoming Chancellor. The event will take place December 13 to 14 at the Sacramento Convention Center. A working lunch tomorrow from 11:30 a.m. to 1:30 p.m. at Santa Ana Watershed Project Authority Board Room in Riverside will aims to design the campaign leadership, structure, partnerships, and messages that will maximize results and set an example for the rest of the state regarding opportunities to address water conservation in the state -- which is a key tenet to the Summit. Contact Jim Mayer for more information about the luncheon tomorrow. CLICK HERE to learn more and register today for the CA Economic Summit! 
MEMBERS IN THE NEWS
COMMUNITY EVENTS    
Last Chance to Nominate Orange County's 100 Most Influential - Tuesday, November 15
Who are the people who made a big impact in Orange County in 2016? The Register invites readers to help identify our most influential game changers this year. CLICK HERE to learn more and nominate. 

OC Forum presents Eleanor Clift - Wednesday, November 16
Join OC Forum for a luncheon program featuring Eleanor Clift, Political Reporter/Pundit-TV Commentator and Author at noon Wednesday, November 16 at The Pacific Club. Clift has covered every Presidential Election campaign since 1976, including this one! CLICK HERE for more information.
 
Southern California Economic Development Symposium - Thursday, November 17
Don't miss this opportunity to learn innovative tools and approaches for economic development. Join CALED and the Orange County Chapter for the Southern California Economic Development Symposium from 9 a.m. to 4 p.m. November 17, 2016 at the Anaheim Convention Center. Topics will vary from Financing to Economic Development challenges. CLICK HERE for more information and to register. CLICK HERE for an agenda.

Fall 2016 Opening of Striking a Balance: Conservation and Development in Orange County - Thursday, November 17 
Join UCI Libraries for hors d'oeuvres and wine at the exhibit opening, sponsored by the Partners of the UCI Libraries. The event is free and open to the public and features a program of speakers. CLICK HERE to learn more. 

Orange County Forum with Lisa Bartlett - Tuesday, November 29
Join Orange County Forum for a luncheon program with Lisa Bartlett, Chair, Orange County Board of Supervisors, at 11:30 a.m. Tuesday, November 29 at Irvine Marriott. To attend, RSVP by Noon November 23. CLICK HEREto learn more. 

Holiday Mixer & Membership Kickoff with OCPAA - Wednesday, November 30
Join Orange County Public Affairs Association for its 21st Annual Holiday Mixer & Membership Kickoff, sponsored by Charter Communications, from 5:30 to 7:30 p.m. at Antonello Ristorante. The cost is free for renewing members, or if you join by December 31 at a discounted rate.CLICK HERE for more info. 

OC Register's Top Workplace Awards - Thursday, December 8
The Orange County Register hosts its signature Top Workplaces Awards on Thursday, Dec. 8 at the City National Grove of Anaheim. The reception celebrates Orange County companies that rank highest in employee surveys for "strength symbols" such as inspiring leaders, winning cultures and meaningful company missions. Jim Kouzes, bestselling author of "The Leadership Challenge" who speaks worldwide on principles of leadership at top-performing companies such as Google and Apple, is the evening's keynote. Tickets are $85 each or $800 for a table of 10, which includes a cocktail reception, networking, dinner, awards ceremony, and advance copy of the Top Workplaces publication that runs in the Register on Dec. 9. CLICK HERE for more information.
UPCOMING OCBC COMMITTEE MEETINGS: NOVEMBER
UPDATE: 
Workforce Development and Community College Working Group COMBINED meeting
Wednesday, November 16, 2016  I  7:30 a.m. to 9:00 a.m.

Committee meetings are open to OCBC members and invited guests only. All committee meetings are held at the OCBC offices unless otherwise specified. For more information on upcoming committee meetings for 2016 check out OCBC's Committees. For more information, contact Larry Brose, Vice President, Investor Relations and Business Development. 
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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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OC's housing shortage affects workforce and economy
OC's housing shortage affects workforce and economy
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