The Leading Voice of Business in Orange County                                                                                   Tuesday, February 21, 2017
BREAKING NEWS: SINK HOLES, EVACUATION STANDBYS - CA NEEDS FOCUS ON INFRASTRUCTURE! 
OCBC urges lawmakers and Governor Brown to focus immediately on funding the state's failing infrastructure. In addition to the compromised Oroville Dam spillway that led to the evacuation of 188,000 residents last week and keeping them on standby for another evacuation this week - sink holes opened streets and swallowed up cars throughout Southern California over the last few days. California's infrastructure, which received a C grade on the State's Infrastructure Report Card in 2012 - is in need of major investments. OCBC works with partners, such as the Fix Our Roads Coalition and water agencies to advocate for transportation funding bills AB-1 and SB-1; as well as water projects such as the California Water Fix, which will upgrade aging levees and safeguard the Delta water delivery system from these natural events. OCBC contends that the time to invest in our communities is not after a crisis, but beforehand. CLICK HERE to read more. To join OCBC's advocacy efforts and for more information, contact Bryan Starr, Sr. Vice President, Government Affairs.
OCBC ANNUAL DINNER HIGHLIGHTS HOW TO A.C.T IN 2017 
OCBC hosted its 2017 Annual Dinner and Installation of the Board of Directors Thursday  with 700 of  OC's top executives, academic and community leaders in attendance, sponsored by Transportation Corridor Agencies. OCBC honored outgoing chair RJ Mayer, The Mayer Corporation, and installed 2017 chair Richard Porras, AT&T, along with the 2017 Board of Directors.  With the theme of "Adapt. Connect. Transform." OCBC showcased its 2016 accomplishments, featured in the annual report, and focused on strategies of adapting from old ways of doing business, connecting people and ideas, and transforming the business model for 2017's success. The event featured keynote speaker Mark Thompson, New York Times Bestselling author, nationally syndicated columnist, venture capitalist, and executive coach. While America heads into some of the most pivotal periods in history, Thompson called for a fresh outlook, rebuilding with innovation instead of relying on the status quo and posed thoughtful questions, such as "If your house burnt down today, would you rebuild the exact same way? What about your business?" In order to succeed in today's world businesses need to look past the traditional standard and lead with future in mind. 
CLICK HERE for photos of the event. CLICK HERE to read more. For more information, contact Delaine Moore, Communications Director.
IT'S TIME THE CADIZ WATER PROJECT MOVES FORWARD
The Cadiz Water Project in the Mojave Desert will provide water and electricity to a nearby railroad, as well as add new reliable water supply for over 400,000 people, provide new storage opportunities and create and support 5,900 jobs. OCBC has joined with other business groups and California legislators Congressman Tom McClintock, 4th District, and Congressman Tony Cardenas, 29th District,  in advocating for overturning a controversial Bureau of Land Management guidance issued in 2015 that stalled the project and set a burdensome new precedent for the co-location of utilities in existing railroad corridors across the West. The Cadiz Water Project was reviewed and approved under the California Environmental Quality Act (CEQA), with superior and appellate courts ruling last year that the project operations will have no adverse environmental impact. The project is listed as No. 15 on a list leaked recently noting President Trump's top 50 infrastructure project priorities. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
ACTION ALERT: TELL CONGRESS TO PROTECT YOUR RETIREMENT FUND 
Last year, the Department of Labor exempted state and local municipalities from existing rules that protect retirement accounts, but you can tell Congress to reverse this! Free from the rules that govern your 401(k), states like California could mandate payroll deductions and state-run IRA's if a company's retirement plan doesn't meet state standards. This would majorly affect businesses and put retirements in the hands of the California Public Employee Pension Systems (CalPERS), which is currently facing a $228.2 billion funding shortfall. Protect your retirement and contact your Congressman today to vote to end the exemption. The joint resolutions H.J. Res 66 and H.J. Res 67 both passed the House and now move to the Senate for consideration. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs.  
OCBC OPPOSES PREVAILING WAGE ON PRIVATE RESIDENTIAL CONSTRUCTION 
construction
OCBC recently signed onto a letter to Senator Kansen Chu opposing his bill AB 199, which would eliminate a longstanding residential exemption from prevailing wage rates and increase the cost of housing in California. The state's housing costs are two and a half times the national average and the state is over 2 million homes short of meeting demand. The bill would make private market-rate residential development a public works project and could add as much as 45 to 50 percent of housing costs at a time when 15,000 California households are already priced out of the market. CLICK HERE to view the letter. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
LUCY DUNN HIGHLIGHTS HOUSING, CYBERSECURITY AT PPIC EVENT
OCBC President and CEO Lucy Dunn spoke on a panel for the Public Policy Institute of California Feb 10, discussing the most critical infrastructure needs the state faces in 2017. Dunn highlighted the need to focus on cyber security infrastructure and policies as it is a problem that often goes silent yet touches every industry, business, academia, and resident. "This is the Manhattan Project of our generation," Dunn reiterated.  Additionally, Dunn mentioned the critical need to focus on affordable housing for all socio-economic levels, especially those middle-class homes that are increasingly hard to find in the housing market. California faces a shortage of 3.5 million homes and without immediate attention, the state's highly-skilled, young workers cannot afford to live and build lives here. CLICK HERE for a video of the entire event. 
SENATE BILL 57 WOULD JEOPARDIZE RELIABLE NATURAL GAS FOR SO CAL
SB 57 (Stern) would extend the moratorium on natural gas injections at the Aliso Canyon Storage Facility until the Root Cause Analysis of the natural gas leak that started in October 2015 is complete. However, Southern California Gas Company (SoCalGas) contends that the analysis is not necessary in order to resume operations as the leak occurred in the outer casing of the well SS-25. The state's comprehensive review demonstrated that the outer casing of every well approved for use is now safe. Moreover, under new regulations gas will no longer flow through the casing. Instead, gas will only flow through newly installed and pressure-tested, inner, steel tubing. While well intentioned, SB 57 does not enhance safety at Aliso Canyon, and instead puts 20 million people at risk of natural gas service interruption. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
OCBC SEEKING NEW COMMUNICATIONS DIRECTOR, CONGRATS TO DELAINE MOORE!
Congratulations to Delaine Moore, Communications Director, on her new position as an account manager at HKA Marketing Communications. Delaine served OCBC in the communications department for over five years and we wish her the best! OCBC is searching for a Communications Director to fill her role and is currently accepting applications. For more information, contact Danette Parente, Vice President of Finance and Administration. 
OCMOVES: STUDY PARTICIPANTS THINK ROAD CHARGE IS MORE FAIR THAN GAS TAX
The revenues currently available for highway and local roads are insufficient for preserving and maintaining road infrastructure. In response, California began examining a new transportation funding model-road charge. In 2014, the Legislature called for a pilot program to study a road charge model as an alternative to the gas tax and a recent report highlighting the status of the study was released. Of the over 5,000 participants, 91 percent were private vehicles and 65 percent used a location-based mileage reporting option, according to the mid-pilot survey. Overall, 71 percent of participants said they thought a road charge is more fair than the gas tax. CLICK HERE for the mid-study report. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
US CHAMBER GIVES 2017 TRADE PRIORITIES AT OCBC ECONOMIC DEVELOPMENT COMMITTEE
Last week, the Economic Development Committee hosted John Murphy, Sr. Vice President, U.S. Chamber of Commerce, to discuss the Chamber's 2017 trade agenda. During the meeting, Murphy highlighted that there are several key issues important to the business community across the nation, including: possible renegotiations of NAFTA, implications of the U.S. withdrawing from the Trans Pacific Partnership, U.S.-China relations, and the status of the U.S. Export-Import Bank. Murphy highlighted that NAFTA is a major factor for the U.S. economy - accounting for 14 million American jobs and $3.5 billion a day in economic impacts. Additionally, Murphy said he is becoming more optimistic about the Ex-Im Bank's future, which has a major impact on the U.S. locomotive, aerospace, and nuclear industries. During the presidential campaign, then candidate Donald Trump expressed he was not supportive of the bank, however, he has since changed this stance. CLICK HERE for more on the U.S. Chamber's trade agenda. For more information, contact Jocelin Jimenez, Economic Development Specialist. 
GROUNDBREAKING IN IRVINE MOVES ICE FACILITY FORWARD
Three hundred guests celebrated the joint groundbreaking Thursday of the future Community Ice Facility with City of Irvine and Anaheim Ducks officials. The 280,000-square-foot facility, to hold four sheets of ice, will be the largest in California and one of the largest in the country when it opens to the public in 2018 at the Orange County Great Park. The facility will be open mostly to the public and provide a variety of ice sports and recreation to include youth and adult hockey programs, regional and national tournaments, figure skating, and open public skating and the Anaheim Ducks are expected to practice there on occasion. In February 2016, the Irvine City Council approved a 50-year lease on the property. CLICK HERE for photos of the event. For more information, contact Patty Conover, Public Affairs Manager. 
CYBERSECURITY CORNER: STAY UP TO DATE

It's key to use a firewall as well as cyber security software, such as antivirus and antispyware, that will scan for computer security threats and uninstall them. This keeps your protection measures, operating system and software up to date are equally as important. First and foremost, updates keep you safe from known security holes. This is especially important when there is a new release available for software, because most change logs and update notes reveal previously-known exploits that have already been patched. Software updates will also improve functionality by providing feature and speed enhancements. For better information security, the Cyber Security Task Force recommends to change your passwords every 90 days. For more information, contact Jocelin Jimenez, Economic Development Specialist. 

TURNING RED TAPE INTO RED CARPET SPOTLIGHT
Every year, OCBC honors public agencies for the good work they do to cut through red tape and remove barriers to economic development through its Turning Red Tape Into Red Carpet Awards program, sponsored by JPMorgan Chase. 
Union Bank in partnership with the Anaheim Union High School District won the 2016 award for Public Private Partnership with their Loara High School Union Bank Branch, which serves as a financial education catalyst for the student-bankers, the student body and faculty, and the student's parents to jump start good financial behaviors, such as savings and planning, and actionable ways to reduce avoidable debt. Charter Local Edition recently sat down with Robbin Narike Preciado, Union Bank's Regional President, to discuss the program and the award. CLICK HERE to learn more about the program. For more information, contact Jocelin Jimenez, Economic Development Specialist. 
REGISTRATION OPEN FOR ONE VOICE, TWO CAPITOLS ADVOCACY TRIP TO DC - MAY 1-3
This WILL sell out! Help make the voice of business heard and advance OC's competitive advantage by joining OCBC for the annual One Voice, Two Capitols Advocacy Trip to Washington, D.C. May 1-3. Join us for targeted legislative meetings to advocate for OC's priorities and unparalleled networking with business and elected officials. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
WHEN: May 1-3, 2017  WHERE: W Washington D.C. 515 15th Street NW, Washington DC 

SAVE THE DATE FOR OCBC'S EXECUTIVE INVITATIONAL GOLF TOURNAMENT - SEPT. 19
You won't want to miss OCBC's Annual Executive Invitational Golf Tournament, sponsored by Kaiser Permanente. This is OC's premier golf event featuring high-level networking with top executives from Orange County's leading businesses. Sign up today to become a sponsor and take advantage of this opportunity to market your brand as a top company in OC. 
WHEN: September 19, 2017 WHERE: Monarch Beach Golf Links  
 
MEMBERS IN THE NEWS
POLITICAL CORNER  
All events are for informational purposes and are not necessarily endorsed by OCBC. 
BIZPAC Luncheon Supporting Senator Josh Newman - Friday, March 17
Join BIZPAC for a reception supporting Senator Josh Newman 11:30 a.m. to 1 p.m. Friday, March 17 at Catal Restaurant, generously hosted by Disneyland Resort. CLICK HERE for more information.
COMMUNITY EVENTS    
OC Forum's Rise of the Millennials: Understanding the next generation of workers - Wednesday, February 22
Join OC Forum for a luncheon program at 11:30 a.m. at the Pacific Club for a panel discussion about millennials in the workforce. CLICK HEREfor more information. 

Huntington Beach Chamber of Commerce 113th Annual Gala - Friday, February 24 
The Huntington Beach Chamber of Commerce will host the 113th Annual Gala on Friday, Feb. 24 from 5:30 - 10 p.m. at the Waterfront Beach Resort, a Hilton Hotel. The event will install the new Chamber board members and welcome the new mayor, Barbara Delgleize, and honor outgoing board members and the previous mayor, Jim Katapodis. CLICK HERE for more information. 

South Orange County Economic Coalition 2017 Drought Update - Friday, February 24
Join the South OC Economic Coalition from 7:15 a.m. to 9:00 a.m. Friday, February 24 at the Orange County Association of REALTORS in Laguna Hills for an expert discussion on how this winter's rain will impact water supplies. CLICK HERE for more information and to register. 

North Orange County Regional Outlook - Tuesday, February 28
Join the North Orange County Chamber for a gathering of cities that are experiencing a shift in many facets of their communities, from housing and development, to education levels and jobs. The event features a panel of experts and a discussion on these issues and takes place from 7:30 a.m. to 9:00 a.m. at the Embassy Suites in Brea - NOC. CLICK HERE for more info. 

MWDOC Water Policy Forum and Dinner - Thursday, March 30
Save the date to join Metropolitan Water District of Orange County for a night with keynote speaker Jeff Kightlinger, General Manager, Metropolitan Water District of Southern California, from 5:30 p.m. to 8:00 p.m. more details to come. 

Conference on Business & Ethics: A Forum for Responsible Leaders - Friday, May 12
Join the Orange County Catholic Foundation for the 15th Annual Conference 7:30 a.m. to 11:30 a.m. May 12, 2017 at the Hilton Anaheim featuring keynote Patricia Heaton. Sponsorship opportunities are available. CLICK HERE to learn more. 
UPCOMING OCBC COMMITTEE MEETINGS: MARCH
Advocacy and Government Affairs 
Friday, March 3, 2017  I  9:30 a.m. to 11:00 a.m. 

Latino Educational Attainment
Friday, March 10, 2017  I  9:00 a.m. to 10:00 a.m.

Workforce Development 
Wednesday, March 15, 2017  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  Natalie Rubalcava, 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 blog: Dunn and Done. 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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IS IT NEWS TO YOU? THEN IT'S NEWS WE CAN USE 
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OC's housing shortage affects workforce and economy
OC's housing shortage affects workforce and economy
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