The Leading Voice of Business in Orange County                                                                                   Tuesday, April 18 , 2017
OCBC WELCOMES FMR. TOP NATIONAL SECURITY OFFICIAL FOR CYBER, GOV. AFFAIRS DEBRIEF 
OCBC welcomed Jack Tomarchio, former Principal Deputy Under Secretary for Intelligence and Analysis Operations for Homeland Security, to speak at the joint Government Affairs and Advocacy Committee and Cybersecurity Task Force Meeting April 7. He touched on the realities that the cyber world faces every day, sharing that China, Russia, and Brazil are among the top three countries considered as cyber threats and recommended businesses to take every step possible in order to protect themselves. He stressed that the United States is just as advanced in cyber tactics and reassured attendees that the government takes the proper steps to stay ahead of our counterparts. Tomarchio encouraged companies and universities work in tandem to push the frontiers of knowledge within the cyber security industry to become a powerful engine for innovation and economic growth for the county. The committee also looked at cyber-attacks from the perspective of other countries, discussing where and how infiltration might take place. CLICK HERE for more information about OCBC's Advocacy and Government Affairs Committee. For more information, contact Bryan Starr, Vice President of Government Affairs. For more information, contact Jocelin Jimenez, Economic Development Specialist. 
POTENTIAL RETURN TO NORMALCY FOR EX-IM BANK, PRES. TRUMP ANNOUNCES TWO NOMINATIONS
On Friday, the White House announced plans to make two appointments to the Export-Import Bank. The president will nominate former Rep. Scott Garrett, a Republican from New Jersey, to a four-year term as Ex-Im's president, and former Rep. Spencer Bachus, a Republican from Alabama, to the bank's board of directors. If confirmed, the bank would again have a full quorum and be fully operational. The ability to access foreign markets is important for a strong and growing local economy and boosting exports is one of the most promising avenues to creating jobs for the millions under or unemployed. The EX-IM provides taxpayer-backed loans and loans guarantees to foreign countries and companies for the purchase of U.S. products. OCBC is a strong advocate for the bank and was a critical voice in its reauthorization. For more information, contact Jocelin Jimenez, Economic Development Specialist.
CALIFORNIANS MUST CUT DRIVING BY 1.6 MILES PER DAY TO MEET STATE CLIMATE CHANGE GOALS
A new study by the Southern California Association of Governments (SCAG) and UC Berkeley finds that Californian's must cut their driving by 1.6 miles per day in order for the state to meet its climate change goals by 2030. The report suggests that California needs billions of dollars in new funding for housing and transportation improvements and suggests that people should turn to telecommuting, carpooling, biking or taking transit. In order to reach the 1.6 miles figure, the reports assumes that the state will also substantially boost the number of electric cars on the road. CLICK HERE for an outline of the report. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs.
REGISTER BY FRIDAY FOR 9TH ANNUAL LATINO EDUCATIONAL ATTAINMENT RECEPTION - APRIL 27
Join OCBC and the Orange County Education and Research Institute for the 9th Annual Reception honoring the partners of Latino Educational Attainment. This one-of-a-kind event brings together educators, education advocates, elected officials, and community partners to celebrate LEA's 13th year of success serving 27 neighborhoods and over 30,000 parents. Reserve your spot before registration closes April 21. For more information, contact Alicia Berhow, Vice President, Workforce Development and Advocacy.
WHEN: Tuesday, April 27, 2017 TIME: 5:30 p.m. to 7:30 p.m. WHERE: Discovery Cube

FEDERAL UPDATE: DEBT CEILING, HEALTH CARE, NAFTA, AND MORE!
OCBC keeps a constant pulse on Congress' activities to understand the impacts of decisions in Washington D.C. on Orange County's economy. OCBC recently focused on federal policy in three main areas: national debt ceiling negotiations, health care and tax reform, and international trade. Congress left Friday for a two-week recess. Upon their return, the most pressing item for consideration is whether or not to raise the national debt ceiling by April 28 or risk a government shutdown, where a variety of federal offices would close. The national debt currently nears $20 trillion and legislators differ greatly on whether or not to cut spending or enact greater contingencies on an increased borrowing limit. Last week saw a roller coaster when it comes to health care with proposals to repeal and replace the Affordable Care Act falling off the docket and then returning for consideration as the Trump administration recognized their potential impacts on any future tax reform efforts. Currently, the only health care proposal officially on the table is the House GOP Blueprint released last June, which is not yet in legislative text.  Additionally, OCBC is watching President Trump's comments on NAFTA, as Mexico and Canada are California's two largest trading partners. Despite denouncing NAFTA during the campaign, President Trump has since announced support for the agreement. In a recent presentation, Bruce Mehlem of Mehlman, Castagnetti, Rosen & Thomas, offered advice for 9 Things to Know About the Trump Administration. CLICK HERE to view the presentation. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs.  
BRYAN STARR NAMED PRESIDENT AND CHAIR OF IRVINE COMMUNITY LAND TRUST
Last night, Irvine Community Land Trust named Bryan Starr, Sr. Vice President, Government Affairs, as President and Chair of the Board of Directors. As president of the volunteer board, Starr represents the Land Trust at events to speak and educate the community about the organization's mission and activities; preside over board meetings, and represent the Land Trust in the state legislature. The Irvine Community Land Trust was incorporated in 2006 as a nonprofit organization with a mission to create 5,000 units of permanent affordable housing in Irvine. Under the Community Land Trust (CLT), the organization owns the underlying land and sells the houses to individual homeowners at affordable prices. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
ORANGE COUNTY SECURES TOP RANKING FOR 2016 GRAD RATES
Orange County's high school graduation rate rose to over 90 percent in 2016, well above the state average of 83.2 percent. Orange County is the only county in California with at least 3,000 students to top a 90 percent graduation rate. California's grads rates have steadily increased for seven years  in a row when the state saw a 74.7 percent rate in 2010. Alternative approaches to aiding failing students and the elimination of the high school exit exam contributed to these increased graduation rates. An educated population is critical to the economic success of a region, where business must have a skilled and educated workforce in order to meet the demands of the jobs of the 21st century.  CLICK HERE to read a recent article from The Orange County Register. For more information, contact Alicia Berhow, Vice President, Workforce Development and Advocacy. 
THINK TOGETHER VIDEO HIGHLIGHTS NEED FOR AFTERSCHOOL PROGRAM FUNDING
Stagnant funding levels that haven't risen since 2006 threaten after school programs in California, despite escalating costs and cuts in federal education spending. In a recent animated video, THINK Together reveals the reasons behind the funding shortage, outlines the need for financial support and offers solutions to the issue. Many families depend on after school program for additional education and child care assistance. Without support, many after school programs will be in danger. CLICK HERE to watch the video. For more information, contact Alicia Berhow, Vice President, Workforce Development and Advocacy.  

FIVEPOINT'S STEVE CHURM DISCUSSES NETZERO NEWHALL AT WORKFORCE HOUSING COMMITTEE
OCBC Chair Elect Steve Churm, Chief Communications Officer, FivePoint Holdings LLC, briefed the Workforce Housing Committee April 12 on the developer's innovative master-planned community known as "NetZero Newhall," slated for Newhall Ranch just 8 miles outside of the City of Los Angeles. When completed, NetZero Newhall will provide 21,500 new homes, commercial and retail space accounting for over 60,000 new jobs - all with Net Zero greenhouse gas emissions. With innovative battery power solutions currently being explored through partnerships with companies such as Tesla. However, even with all of the innovative "green" building initiatives, emissions will still only see a roughly 50 percent reduction. FivePoint will engage in offsite GHG reduction programs, such as purchasing clean-burning cook stoves and donating them to families in sub-saharan Africa, greatly reducing GHG emissions and deforestation. NetZero Newhall will be the first master planned community with net zero GHG emissions of its kind. For more information, contact Patty Conover, Director of Communications. 
LA TIMES: LEAVING COASTAL CALIFORNIA IS 'NO-BRAINER' FOR SOME AS HOUSING COSTS RISE
Huntington Beach residents Chris Birtwistle and Allison Naitmazi were about to get married and decided it was time to buy a home. They wanted to stay in the area but couldn't find a house they both liked and could reasonably afford - despite a dual income of around $150,000. So they decided to go inland - all the way to Arizona, where they recently opened escrow on a $240,000, four-bedroom house with a pool just outside Phoenix. Their monthly mortgage payment will be about $500 less than what they paid for a two-bedroom apartment in the Orange County beach community. "The only hesitation was [leaving] the great weather," the 31-year old Birtwistle said. "But we talked about what we can get here and what we can get there for the same price and that was a no-brainer." Residents of coastal Southern California are increasingly making the same decision to move away - a trend many economists blame on a housing shortage driving rents and home prices sharply higher during the economic recovery. CLICK HERE to read more. 
CA DROUGHT OVER, BUT OCBC CONTINUES TO PUSH FOR WATER STORAGE INVESTMENT 
While California's historic five-year drought is officially over, preparing for the next drought is still on OCBC's agenda. The brutally dry years from 2012 to 2016 - which were the driest on record since 1895 when such records began - resulted in landmark and water conservation legislation. However, investment in storage capacity must be a part of the drought's legacy in order to prepare for almost certain future dry years. The Cadiz Valley Water Conservation, Recovery and Storage Project is a new bipartisan, long-term, and environmentally sound water source for Southern California. OCBC plans to advocate for increased water storage investment during it's One Voice, Two Capitols Advocacy Trip to Washington, D.C. in May by supporting the efforts of the Interior Department and Congress to remove federal regulatory hurdles blocking the Project's safe use of an existing railroad corridor for its pipeline. CLICK HERE for more information about the project. In a recent report, the Southern California Water Committee provided an analysis on the impacts of drought regulations on communities, highlighting that more than 38 million Californians compete for fewer available water resources. CLICK HERE for the report. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
BOARD MEMBER MIKE KRAMAN AND TCA SECURE PRESIGIOUS TRANSPORTATION HONOR
Transportation Corridor Agencies and its CEO, OCBC Board Member Mike Kraman, were named Organization of the Year and Person of the Year by the California Transportation Foundation. In addition, Orange County agency Caltrans District 12 is also up for Operational Efficiency Project of the Year for its Managed Lanes Network and Feasibility Studies. The awards ceremony will take place in Sacramento on May 24. For more information, contact Bryan Starr, Sr. Vice President, Government Affairs. 
CALIFORNIA TRADE REPORT PREDICTS HEALTHY GROWTH FOR STATE'S EXPORTERS
According to the Beacon Economics trade report, California's export market saw healthy growth in February 2017. California foreign shipments totaled $13.46 billion for the month, an 11 percent increase over the $12.13 billion recorded in February 2016. Manufactured goods in California saw a 15 percent increase from last year, while nonmanufactured goods (such as agricultural products and raw materials) increased 7.5 percent. California's robust export growth outpaces the U.S. as a whole, which saw a 4.9 percent increase, with California contributing 11.3 percent of the nation's overall merchandise export trade. However, the increase in exports contrasts to the states decline in imports, which saw a 5.5 percent decrease from last year. Manufactured imports were down 8.3 percent and non manufactured imports down 24.13 percent. Mexico remained California's most important export destination during the last three months, despite fluctuations in the value of the peso. Mexico and Canada, U.S. partners in the North American Free Trade Area, accounted for 24.1 percent of California's merchandise export trade in the latest three-month period. Beacon's report predicts continuously favorable conditions for California exporters abroad with prospects for growth in both Mexico and Canada. CLICK HERE for a CalChamber analysis about the report. For more info, contact Jocelin Jimenez, Economic Development Specialist. 
MILLENNIAL ABOUT TOWN: HOTEL IRVINE 
"Millennial About Town!" is a new feature to the OCBC Indicator chronicling the great entertainment, arts, and culture found right here in Orange County as covered by me, your "Millennial About Town!" Patty Conover. Got suggestions for me? Send them to pconover@ocbc.org.
The Irvine Company bought Hotel Irvine about two years ago when my coworkers and I caught wind that the newly owned resort intended to snag a young, hip millennial crowd. Our naïve, indignant and predictable response of "We're not gonna fall for that!" was quickly proven wrong. Here's why:
Unique Specials: While Hotel Irvine quickly garnered a reputation as a fine place to stay, it also offers an array of fun specials throughout the week to draw budget conscious professionals who simultaneously appreciate a finer ambiance - cue the Millennial! Between the Red Bar and Lounge and Eats Restaurant, the after work crowd can enjoy a Monday through Friday Happy Hour from 5-7 p.m.; Sip & Smoke on the Patio every day after 3 p.m. with a menu featuring three single-malt Macallans paired with a cigar at just $35 a person; $5 Pint Night on Wednesdays accompanied by a $10 Oyster special, and much more.
Entertainment:  Thursday through Friday after 9 p.m., Red Bar Lounge turns into a DJ hot spot with acts hailing from LA, San Diego, and local talent from Orange County. I will neither confirm nor deny that "Just one drink at Happy Hour" somehow turned into a much longer evening prompted by unexpected club music.
Culture: Honestly, Hotel Irvine just has a fun vibe. I walk over to the deli and grocery Market Place almost every day either to grab lunch or an afternoon snack, usually for under $8. In the heart of one of the most pristine business districts of Irvine, Hotel Irvine offers a funky, but stylish breather. CLICK HERE to learn more about Hotel Irvine. 
CYBERSECURITY CORNER: TOOLS FOR SAFEGUARDING LAPTOPS
With an increase in cyber-attacks, portable devices, such as laptops, attract criminals. Thankfully, tools to safeguard these devices have come a long way in recent years. With the proper software installed, stolen laptops connected to the Internet can be tracked to a physical location. Other software gives remote access for computer security with the ability to erase files or send them to a secure data center for recovery via the Web. The Cybersecurity Task Force suggests encrypting files on your hard drive, as well as any sensitive files on any portable storage devices including USB flash drives and portable hard drives. For more information, contact Jocelin Jimenez, Economic Development Specialist. 
CIVIC 50 LAUNCED IN ORANGE COUNTY
Since 2012, The Civic 50, an initiative of Points of Light, has recognized the 50 most community-minded companies in the nation each year as determined by an annual survey developed by True Impact. For the first time in a local market, the Orange County Business Journal (OCBJ) presents the Civic 50 Orange County in partnership with OneOC. Honorees will be determined using True Impact's adapted national Civic 50 online survey that is independently administered and scored. The number of employees in a company constitutes the scoring and awards categories (small 15-99, mid-size 100-499 and large 500+). CLICK HERE to participate and complete the survey. Join OCBJ for the Civic 50 Orange County Awards Luncheon on October 19, 2017 at Hotel Irvine. Winners will be recognized in the OCBJ's Civic 50 list October 23, 2017. For more information call OneOC's Civic 50 Orange County survey help line at (714) 953-5757, extension 121 or send an email.
HUMAN RESOURCES WORKSHOP: BEST PRACTICES - MAY 2, 2017
Join the Greater Irvine Chamber and Orange County Business Council for the Human Resources Workshop: Best Practices! On May 2, 2017. The workshop will discuss Human Resource management as it is a vital part of any organization and will provide insight on recruiting and retaining talent; managing employee relations & issues; staff development and engagement; 10 ways to get sued by your employee; and policy changes with the new administration. The workshop includes breakfast.
WHEN: May 2, 2017 TIME: 7:30 to 10 a.m.  WHERE: Greater Irvine Chamber

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. For more information, contact Katie Tomarchio, Interim Events Manager. 
WHEN: September 19, 2017 WHERE: Monarch Beach Golf Links  
 
MEMBERS IN THE NEWS
COMMUNITY EVENTS    
30th Annual Economic Conference in Huntington Beach- Wednesday, April 19
The conference reaches the greater North Orange County region with a focus on "Access to Growth: Discovering Regional Opportunities." The event will be held at the Golden West College Theater on Wednesday, April 19 from 8 to 10 a.m. CLICK HERE for more information. 

The Robots are Coming! Encouraging Work When Jobs Disappear - Tuesday, April 25
Join the Economic self-sufficiency Policy Research Institute and the UCI School of Social Sciences for an evening lecture with Professor Jesse Rothstein from 6 to 7:30 p.m. Tuesday, April 25 at UCI Social & Behavioral Science Gateway, Room 1517. CLICK HERE for more info. 

Get Started OC 2017 - Wednesday, April 26
Cox Business is brining Get Started (#GetStgartedOC) to Orange County, which will highlight entrepreneurs who will pitch their business to a distinguished panel of experts. One winner will be named to receive $10,000 in prizes including a Cox Business technology package. Local businesses not competing are encouraged to attend this free event for networking and learning opportunities from accomplished leaders in early stage investment, digital marketing, and business growth strategy. CLICK HERE to learn more.

Apply to the Measure M Taxpayer Oversight Committee - Monday, May 1
Help safeguard your transportation dollars and apply to be a member of the oversight committee by May 1. The committee ensures the transportation projects specified in Measure M are built as promised. CLICK HERE for more info. 

BILD Spring Seminar - Thursday, May 11
Join BILD Foundation for the Spring Seminar Thursday, May 11 from 11:30 a.m. to 1:30 p.m. The seminar will discuss how court cases affected affordable/workforce housing, how lawyers can help, and much more. For more info, CLICK HERE.

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. 

Voice for Girls 2017 - Friday, May 12
Join Girl Scouts of Orange County for the sixth annual forum for business and community leaders, hosted by Girl Scouts of Orange County and sponsored by BNY Mellon Wealth Management. The forum addresses the challenges facing girls and rally the community's support in encouraging female leaders of tomorrow. The event takes place from 7:45 a.m. to 11:30 a.m. at Newport Beach Country Club. CLICK HERE for more info.  

Mobility 21 Summit - Friday, September 29
Early bird registration is now open for the Mobility 21 Summit at Disneyland Hotel, Anaheim. Attendees meet the transportation industry decision-makers from across Southern California and network with over 1,200 attendees. CLICK HERE for more information. 
UPCOMING OCBC COMMITTEE MEETINGS: APRIL 
Workforce Development 
Wednesday, April 19, 2017  I  7:30 to 9 a.m. 

Community College Working Group
Wednesday, April 19, 2017  I  9 to 10 a.m. 

Economic Development 
Wednesday, April 26, 2017  I  9 to 10:30 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.
SPREAD THE WORD - IMPACT THE WORLD - FORWARD YOUR COPY TO ASSOCIATES 
Forward OCBC's E-Indicator newsletter to friends and colleagues by clicking on the "Forward Email" link at the bottom of the email and encourage them to sign up for one of Orange County's premier business publications. 
enews signup  
IS IT NEWS TO YOU? THEN IT'S NEWS WE CAN USE 
indicator
Have an event coming up? Was your company just highlighted in the news? Are you doing something great in Orange County? The Business Council wants to know about it. Now OCBC members can submit news stories for OCBC's Indicator e-Newsletter. Click here and fill out the submission form for one of Orange County's premier business news source. Not a member? Click here for more information on how to get involved and join the leading voice of business in Orange County.
TUNE INTO OCBC-TV AND GET CAUGHT UP ON THE LATEST EVENTS
OC's housing shortage affects workforce and economy
OC's housing shortage affects workforce and economy
2 Park Plaza, Suite 100, Irvine CA 92614 | www.ocbc.org | PH: 949.476.2242 | FAX: 949.476.9240
Orange County Business Council, 2 Park Plaza, Suite 100, Irvine, CA 92614
Sent by info@ocbc.org in collaboration with
Constant Contact
Save