The Leading Voice of Business in Orange County                                                                                   Tuesday, October 31, 2017
BREAKING NEWS: GAS TAXES RISE NOV 1; CITIES' TRAFFIC RELIEF FUNDING ALMOST DOUBLES
On November 1, a new gas tax will go into effect providing much needed funding to repair roads and infrastructure statewide. At the local level, most Orange County cities will effectively double their budget for road repairs and traffic relief projectsOver the next 10 yearsOC cities and the County of Orange will receive $1.48 billion in new revenue set aside specifically for traffic reduction, road repair and other infrastructure projects.  SB 1 comes with protections that ensure that funds will only be spent on infrastructure and road repair projects. In 2018, a statewide ballot proposition will give the people of California an opportunity to solidify the revenue protections into our state constitution. When you fill up in the coming weeks and notice a slightly higher cost, remember that you are doing your part to help fix the roads and reduce traffic in Orange County. As CA Transportation Commissioner, OCBC CEO Lucy Dunn voted to bring over $18 million back to OC this month, including advanced funding under SB 1. For more information, contact Alicia Berhow, Sr. Vice President of Government Affairs. 
OCBC CELEBRATES ALICIA BERHOW AS SENIOR VICE PRESIDENT, GOVERNMENT AFFAIRS
OCBC is pleased to announce that Alicia Berhow will serve as OCBC's Sr. Vice President of Government Affairs, effective November 1. Berhow has been an incredible asset to OCBC's Government Affairs department for over 10 years and brings a stellar portfolio of advocating for business priorities. Berhow will replace Peter DeMarco, who has returned to his role of Legislative Director at the County of Orange after helping OCBC on many issues during his tenure. Supporting Berhow will be Patty Conover, who now assumes the role of Government Affairs Director. She brings to the role an in-depth knowledge of OCB's legislative priorities, community relations and public affairs experience. OCBC is now seeking the right professional to fill Conover's role of Communication Director. See job description here. For more information, contact Alicia Berhow, Sr. Vice President of Government Affairs. 
ECONOMIC FORECAST CONFERENCE HIGHLIGHTS STRENGTH IN OC ECONOMY
On October 25, OCBC and CSU Fullerton held the 23rd Annual Economic Forecast Conference at Hotel Irvine with over 700 business, academic and community leaders in attendance, sponsored by US Bank. The conference theme was "Sustainable Growth? Adapt, Connect and Transform in a Shifting Global Economy." The event featured the release of the 2018 Economic Forecast report, as well as a key note presentation by Eric Haller, Executive Vice President and Global Head, Experian Data Labs. The 2017 Economic Forecast from CSU Fullerton economists Dr. Anil Puri, Interim Provost and Vice President of Academic Affairs and Dr. Mira Farka, Associate Professor, Co-Director Woods Center for Economic Analysis and Forecasting. The findings of Dr. Puri and Dr. Farka highlighted that Orange County is still in the midst of a strong recovery with historically low unemployment while newer industries continue to drive growth, indicating that the local economy remains strong. The biggest factors for uncertainty in the market are federal policy holes yet to be filled: taxation reform as well as healthcare reform. The key issue of housing, a pressure point for the state as a whole, was highlighted as an economic factor that needs addressing. For more information, contact Jocelin Jimenez, Director of Economic Development.
CHAIRMAN'S LEADERSHIP BREAKFAST WITH COCA COLA'S PETER VILLEGAS - NOV. 7
Join Orange County Business Council for a Chairman's Leadership Breakfast featuring Peter R. Villegas, Vice President, Office of Latin Affairs, The Coca Cola Company and is past Chair of OCBC. Villegas is responsible for managing the execution of local, regional and national strategies and was the recipient of the 2016 Shimon Peres Visionary & Leadership Award presented by the Israeli Consulate of Los Angeles. Don't miss out on this opportunity to hear from one of Southern California's leading executives, interviewed by Tom Phelps, Manatt, Phelps and Phillips, Chair of OCBC's CEO Leadership Caucus. 
WHEN: Tuesday, November 7, 2017  WHERE: The Center Club, 650 Town Center Dr. Costa Mesa

2017 OC INFLUENCERS FOR GOOD-OCBC'S LEADERS FEATURED NOV. 8!
President and CEO Lucy Dunn will be recognized as a 2017 OC Influencer for Good by the Institute for Community Impact on November 8 at a public awards program at Segerstrom Center for the Arts in Costa Mesa. Dunn is one of four influencers to be recognized, all of whom are well-known and respected figures in Orange County, including OCBC Chair-Elect Steve Churm, FivePoint Holdings LLC; OCBC Board Member, Al Mijares, Ph.D., Superintendent, OCDE; and Dr. Alice Police, UC Irvine Pacific Breast Care Center. In addition to recognizing awardees, the program will include a keynote address by OCBC Board Member, Dennis Kuhl, Chairman of Angels Baseball, and a musical performance by The All American Boys Chorus. CLICK HERE for more info. CLICK HERE to register. For more information, contact Natalie Rubablcava, Vice President of Investor Relations & Business Development. 
2,600 NEW JOBS, $1B PAID IN TAXES OVER 40 YEARS, DISNEY DOUBLES DOWN ON COMMITMENT TO OC
Much of the attention Disney has received in the media recently focused on a perceived notion that they do not pay their fair share in Anaheim. This is CLEARLY not the case, with improvements coming next year to Disneyland in the form of Star Wars: Galaxy's Edge, a new four diamond hotel, and parking and congestion improvement projects in the works, Disney has shown a commitment to the long term success of Anaheim and Orange County. Here are some quick facts highlighting the financial and visitor experience impacts of these projects: Disney's new 4 diamond hotel will revitalize the west end of Downtown Disney and create 1,500 union jobs during construction and 1,100 permanent jobs during operation; The new hotel will produce $25 million in Transient Occupancy Taxes (TOT) in its first 25 years and more than $1 Billion in TOT over 40 years; Currently one third of all TOT taxes collected in Anaheim come from Disney hotels in the resort district; Star Wars: Galaxy's Edge represents a significant investment in the Anaheim park that will continue to make it a premier destination; The new parking and transportation plan will significantly improve traffic flow and provide a better guest experience. To learn more about the many economic impacts of Disneyland on Orange County, CLICK HERE. For more information, contact Jocelin Jimenez, Director of Economic Development. 
LENNAR TO MERGE WITH CALATLANTIC, FORM LARGEST HOME BUILDING FIRM IN U.S.
OCBC investor Lennar announced plans this week to acquire CalAtlantic, which will form the nation's largest residential construction firm. Lennar is currently the second largest, while CalAtlantic - which is the result of a 2015 merger  between Standard Pacific Homes and The Ryland Group - is currently the fifth largest.  The two Southern California companies sold just under 40,800 homes combined in 2016. The move comes as home prices went up 7.3 percent over the past year, with Zillow predicting another 2.4 percent increase within the next year. For more information, contact Patty ConoverDirector of Government Affairs.
CA SMALL BUSINESSES RECEIVE A BOOST TO EXPAND EXPORT MARKET
California has received $500,000 from the U.S. Small Business Administration to increase export activities among small businesses. The funding, part of the State Trade Export Promotion program, will boost trade in foreign markets - including China, Europe, Southeast Asia, and Mexico - and encourage exports of information technologies, food and agricultural products, consumer goods and medical equipment. California is the one of the largest exporting states in the nation. The state exports more than $163 billion in products, about 11 percent of all U.S. exports. This international trade supports more than 706,000 California jobs. Top markets for California's exports include Mexico, Canada and China. For more information, contact Jocelin Jimenez, Director of Economic Development. 
CALCHAMBER OFFERS FREE WHITE PAPER TO HELP NAVIGATE 2018 MINIMUM WAGE INCREASES
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On Jan. 1, 2018, many small businesses with 25 or fewer employees will experience the impacts of the minimum wage increase for the first time. While larger businesses with 26 or more employees began complying with SB 3 on Jan. 1, 2017 by raising the minimum wage to $10.50, that rate will increase to $11 for large businesses on Jan. 1, 2018. SB 3 was signed by Governor Brown last year and effectively increases the minimum wage in California to $15 per hour by 2022. California is the first state in the nation to commit to raising the minimum wage to $15 statewide. Employers need to prepare for the wage increase and examine other pay practices that might be affected. To aid with this, the CalChamber offers a free white paper 2018 Minimum Wage Hike Brings Changes for California Employers. For more information, contact Jocelin Jimenez, Director of Economic Development. 
OCBC SUPPORTED LEGISLATION STABILIZES CALOPTIMA
OCBC commends Gov. Brown on signing Senate Bill 4, a measure supported by OCBC, into law. The legislation protects the stability and continuity of the CalOptima board by codifying the existing members and qualifications to serve on its board of directors and by raising the voting requirement to remove a CalOptima board member to a two-thirds vote threshold. Senator Tony Mendoza, California's 32nd District authored the bill and described its importance, "I authored SB 4 because Cal-Optima needs governance stability with fair representation in order to fulfill that goal." OCBC supported the bill as it "is needed to make sure local control through local community stakeholders is preserved and not eliminated." SB 4 received bipartisan and near-unanimous support in the California Senate and Assembly. For more information, contact  Alicia Berhow Sr. Vice President.  
STARTUPS ENCOURAGED TO PARTICIPATE IN UPS "XPORT" CHALLENGE
On Thursday, October 26 UPS hosted the 2017 UPS XPort Challenge at the Cove at UCI Applied Innovation.  The UPS X-Port Challenge is a promotion to help support small businesses, start-ups and entrepreneurs in their export initiatives. To participate, startups can apply to earn an opportunity to pitch their solutions or products with a potential to win up to $10,000 in export shipping credits in each respective district. The pitch-off event welcomed ten top finalists from all regional competitions. The judges based on their international appeal and execution strategy. For more information, contact Jocelin Jimenez, Director of Economic Development.
METROLINK CELEBRATES 25 YEARS!
The Metrolink regional rail system marked a quarter of a century of transforming Southern California on October 27. Metrolink covers a 538-mile swath through six counties, acting as a relief valve taking pressure off Southland freeways. Each weekday, riders travel more than 1.3 million miles, which is enough to journey to the moon at least five times, and the Metrolink service removes 8.7 million car trips annually. In the past 25 years, an additional 2.7 million tons of additional carbon dioxide would have been emitted if it wasn't for Metrolink taking cars off the road. OCBC commends Metrolinks 25 years of service! For more info, contact Natalie Rubalcava, Vice President, Investor Relations and Business Development.     

CYBERSECURITY CORNER: VERIFY SITES YOU VISIT ONLINE
Billions of people use the Internet every single day, and knowing how to stay safe while using it is vital. Always be sure to verify the sites you visit on the Internet. A certain amount of information such as your IP address and domain name is automatically sent when you connect. Websites can also track the pages you visit, determine the version of your browser and operating system, and even compromise files and passwords. The Cybersecurity Task Force recommends you to keep your operating system updated and patched, block pop-up windows, and set anti-virus and anti-spyware software and keep them updated. For more information, contact Jocelin Jimenez, Director of Economic Development.
WHO IS TURNING RED TAPE INTO RED CARPET? JOIN US FOR AWARD & RECEPTION - NOVEMBER 16 
Don't miss this opportunity to help OCBC celebrate the government programs and agencies doing good work to remove barriers and promote economic development in their regions at the seventh Annual Turning Red Tape Into Red Carpet Awards and Reception on Thursday, November 16. OCBC will present awards in a variety of categories. Since its inception, the program has been replicated by other organizations throughout California and has been recognized by the Governor's Office of Business and Economic Development. Sponsorship are still available! For more information contact Jocelin Jimenez, Director of Economic Development.
WHEN: Thursday, November 16  WHERE: The Center Club, 650 Town Center Dr. Costa Mesa
  
MILLENNIAL ABOUT TOWN: ULTRA TRENDY, SECRETIVE LE DINER EN BLANC HEADED TO OC - NOV. 2
"Millennial About Town!" chronicles the great entertainment, arts, and culture found right here in Orange County. Got suggestions for me? Send them to Patty Conover. 
It's finally here! Over 100,000 foodies and cultural enthusiasts in 80 cities around the world have already embraced the phenomenon that is Le Dîner en Blanc...and now OC is one of them with the first-ever event happening Thursday, November 2. Le Dîner en Blanc started nearly 30 years ago in Paris by a group of friends with a shared interest in food and their city. Today, it is equal parts mystery tour and pop-up feast, and offers attendees a chance to see Orange County like never before! During this pop-up picnic, guests will be transported to a undisclosed public space to participate in the festivities. Guests dress in white and bring their own tables and chair. This event has grown to signal an unofficial hallmark of a cultured metropolis. Hurry to get on the list and don't miss out!CLICK HERE to learn more.  
MEMBERS IN THE NEWS
COMMUNITY EVENTS    
OCTANE's 12th Annual Medical Innovation Forum - October 30-31
This is the largest and most important medtech industry conference in Southern California. This exciting event attracts a nationwide array of entrepreneurs, investors, medical device industry corporate leaders and R&D executives, as well as university scientists and researchers. For more information, CLICK HERE. 

California Economic Summit - November 2-3 
Save the date for the California Economic Summit in San Diego Thursday, November 2 to Friday, November 3. The summit is designed to accelerate coordinated implementation of the Roadmap action plans and strengthen the Summit network. Early bird deadline is August 31, use discount code OC 17 for 20 percent off registration. CLICK HERE for more info. 

BIA Installation of President and 2018 Officers and Board of Directors - November 20
Join BIA for the 51st annual installation of their 2018 President and Board of Directors. The event highlights the successes of 2017 while looking forward to what BIA has planned for next year. For sponsorship opportunities and registration CLICK HERE.

UCI Presents: Using Blockchain to Secure the Supply Chain - Tuesday, November 14 
Join an expert group of industry leaders, academic researchers, and government actors as we critically interrogate the potential of the blockchain to transform supply chain security. CLICK HERE to learn more. 

Orange County School of the Arts Foundation Presents: Creators and Innovators Speaker Series - Tuesday January 9 
Save the date for Creator and Innovator Speaker Series Tuesday January 9. The event engages influential and accomplished thought leaders in a forum designed to inspire, enlighten, inform, and entertain. For more information, CLICK HERE.
UPCOMING OCBC COMMITTEE MEETINGS: NOVEMBER
NOTE NEW TIME
Cybersecurity Task Force
Wednesday, November 1, 2017  I  7:30 to 9:00 a.m.

Advocacy and Government Affairs
Friday, November 3, 2017  I  9:30 to 11:00 a.m. 

Infrastructure 
Tuesday, November 14, 2017  I  7:30 to 9:00 a.m. 

NOTE NEW TIME
Workforce Development 
Wednesday, November 15, 2017  I  11:30 to 1:00 p.m. lunch will be served

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, OCBC Vice President of Investor Relations & 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 Patty Conover, Director of Government Affairs, at 949.794.7221 or pconover@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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