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The Leading Voice of Business in Orange County
Tuesday, November 9, 2010
CALIFORNIANS REMAIN "BLUE" WHILE THE NATION GOES "RED"
If the November election results prove anything, it's that California is loyal to a fault.  In poll after poll, voters haveState Capitol voiced their displeasure with how the state is run, but that didn't stop them from returning every incumbent legislator back to office and keeping the long-ruling Democratic Party in power, sweeping nearly all the statewide offices.  Voters even returned former two term governor Jerry Brown, basically choosing a political candidate over a business candidate. While California remains solidly "blue," the nation swept Republicans back into office, taking a majority in the House and equality in the Senate, and showing "red" gains in every national leadership role from state governors to Congress. 

 

The OCBC Board endorsed nine* state races, plus approved positions on nine ballot measures. Of those combined positions, OCBC has an "endorsement success rate" of 67% (CLICK HERE to view a comparison). However, when taking into account the attitudes and philosophy of the region OCBC represents, the success rate jumps to 100% in matching OCBC's endorsements to Orange County's results. CLICK HERE to read more. For more information, contact Kate Klimow, Vice President of Government Affairs.

2010 ECONOMIC FORECAST CONFERENCE FOCUSES ON "R" WORDS - RECOVERY & REFORM
OCBC, in partnership with the Mihaylo School of Business and Economics, Cal State Fullerton,efc puri
hosted the 16th Annual Economic Forecast Conference at the Hyatt Regency Irvine. The event featured Dr. Anil Puri, Dean, and Dr. Mira Farka of Cal State Fullerton presenting their findings and forecast for 2011, as well as key-not speaker Richard Davis, CEO of U.S. Bancorp.

"In the first half of the year, the recovery was driven primarily be remarkable government spending and a robust inventory cycle," said Dr. Puri. "For a sustained expansion however, consumption in the private sector -- household spending and business investments -- will need to take over." Full recovery is not expected until 2018. CLICK HERE to read more. For more information, contact Dr. Wallace Walrod, Vice President of Economic Development.

*SPECIAL OFFER* - If you missed the 2010 Economic Forecast Conference this year, OCBC offers a webcast version of the conference plus a hard copy of the forecast. Click here to order your copy today!
SAVE THE DATE -- 2010 HOLIDAY RECEPTION SET FOR DECEMBER 9, 2010
Join the Orange County Business Council, Orange County Division - League of California Citiesholiday reception
and the Building Industry Association of Orange County for the 2010 OC Leadership Symposium Holiday Reception


The trio of Orange County's leading organizations come together once again for the most talked about holiday party of the season.

Good Food. Good Spirits. Good Company.
OCLS logo

Date:  December 9, 2010
Time:  5:30 - 7:30 p.m.
Place: Hyatt Regency Irvine, 6ix Park Grill

For more info, contact Leslie Dods, Events Manager. Click here for the event flyer. 
NEWS FROM THE CALIFORNIA TRANSPORTATION COMMISSION

In addition to her role as OCBC President and CEO, Lucy Dunn serves as Governor Schwarzenegger's appointee to the California Transportation Commission, dedicated to improving mobility for people and goods throughout the state. 91 Freeway
  • On November 3, the California Transportation Commission approved funding and "design-build authority for improvements to the Gerald Desmond Bridge at the Port of Long Beach. This bridge, used by residents, visitors, and critical to goods movement, has international significance and is so deteriorated that it literally has a "diaper" to catch falling bridge debris. Under design-build, the project will be offered to private sector companies to complete the work within strict budget and schedules.

  • On October 28, Dunn participated in the ground breaking of the Gene Autry Bridge in Anaheim, hosted by Anaheim Mayor Curt Pringle. Gene Autry Way intersects Interstate 5 (I-5) in central Orange County moving hundreds of thousands of vehicles per day. In addition, the project area falls within a two-mile radius of major attractions such as Disneyland and California Adventure Park, Angel Stadium, the Honda Center, the Anaheim Convention Center (the largest convention center on the West Coast), nearly 20 hotels of the Anaheim Resort Area, and the future Platinum Triangle Development. The project will enable the public to gain direct access to the I-5 High Occupancy Vehicle (HOV) ramps. This project will enhance the corridor connectivity by giving car pools and buses more direct access to five major event centers. The HOV lanes run through the I-5/SR-57/SR-22 junction (the "Orange Crush"), which is one of the more congested interchanges in the nation. The project will relieve congestion, improve regional air quality, increase regional work productivity, and enhance the national economy through job creation and ensuring the movement of goods and services.

CLICK HERE to read more. For more information, contact Lucy Dunn, President and CEO, OCBC.

POSEIDON'S PROPOSED WATER DESALINATION PLANT GETS UNANIMOUS APPROVAL

Orange County's water reliability and safety issues took one step closer to security on Friday as OCBC member waterPoseidon Resources Inc. received unanimous approval from the State Lands Commission. The company will now have to take its project before the Coastal Commission for final approvals.

The $350 million desalination facility would turn out 50 million gallons of fresh water a day, which is expected to account for about 8 percent of the county's water supply and help combat the excessive drought plaguing the county. Company officials say the project would create jobs, generate tax revenue for Huntington Beach and provide $1.9 million in improvements near the desalination facility or along the pipeline route and another $2 million for citywide improvements. CLICK HERE to read more.
For more info, contact Kate Klimow, Vice President of Government Affairs.
QUICK HITS FROM AROUND THE COUNTY

OCPAA Election Post-Mortem - What Does It All Mean?orange globe

Stu Mollrich of Forde & Mollrich, Steven Greenhut of Calwatchdog.com and the Pacific Research Institute, Adam Probolsky  of Probolsky Research, Brian Calle of the OC Register and Norberto Santana (Voice of OC) were featured as panelists subject to insightful questioning by Lucy Dunn, President and CEO of OCBC, on the November 2 election results.  100 "political junkies" were in attendance. One take-away:  all panelists predicted SF District Attorney Kamala Harris would sweep an all Democratic statewide office win, but as of this writing, it appears LA's Steve Cooley, Republican, will be the state's Attorney General. For more info, contact Lucy Dunn, President and CEO of OCBC.

 

South Orange County Alliance for Housing our Communities presented a Housing and Economic Development Dialogue "Opportunities for Economic Development and Revitalization: linking Housing, land use and Transportation" on Thursday, November 4th, in San Clemente. OCBC's Kate Klimow presented on the "Future challenges for South Orange County: Perspective/Forecast on SOC Regional Economy, Mobility and Competitiveness."  Lost in the planning discussions in most communities are the economic ramifications of an insufficient housing supply. An aging population, high-cost housing and inefficient transportation infrastructure limits the number and types of businesses that will locate or remain in an area. South Orange County is doing the right planning for its future economic vitality by linking its housing and economic development planning together. For more information, contact Kate Klimow, Vice President of Government Affairs.

 

Dr. Wallace Walrod presented at the Fullerton Chamber of Commerce "Insider's Briefing - A look at Real Estate as Today's Business Barometer." Sitting on a panel with Linda Hawkins of Winkelmann Realty, Joe Lins of Century 21 Discovery and Bob Sattler of Lee & Associates, Dr. Walrod spoke on the effect today's housing market has on the business community. Henry Walker, CEO of Farmers & Merchants Bank, moderated the lively discussion. While the market is starting to see some encouraging signs in Commercial real estate, the residential market will not likely turn around until the Orange County economy continues to create a significant amount of good paying jobs for a sustained period of time. The key to that? California's business climate and regulatory environment must improve and be at least a part of the solution, not the major barrier to recoveryFor more info, contact Dr. Wallace Walrod, Vice President of Economic Development.
R.E.A.L. COALITION WORKS TO RETAIN ECONOMIC COMPETITIVENESS IN 2011

The R.E.A.L. Coalition, Regional Economic Association Leaders of California, is comprised of the 18 most Real Coalitioninfluential business associations in California to work together for REAL solutions to meet California's critical needs. The Coalition was founded by Silicon Valley Leadership Group CEO, Carl Guardino, and OCBC's CEO, Lucy Dunn.


The purpose of the R.E.A.L. Coalition is to jointly advance policies, initiatives and programs of mutual interest, in addition to sharing ideas and best practices.  In light of the economic challenges that still face the State, the Coalition will retain economic competitiveness and education/workforce development as primary issues for its 2011 agenda.  Related to these, the Coalition is examining a possible CEQA reform effort which may focus more on "breaking down the barriers" that hinder project progress.  The legislature has taken action in select cases to waive environmental and planning rules when it comes to job creation, so as the state's economy continues to stagnate, the need for major construction projects to have the ability to proceed becomes more critical to California's economic future.


Also added to the Coalition's 2011 agenda will be pension reform and governance reform.  Both were relevant issues in the recent election, and both continue to influence California's ability to function as a state and a global economy. For more information, contact Lucy Dunn, President and CEO, OCBC or check out www.realcoalition.org

OCBC MEMBERS IN THE NEWS
OCBC COMMITTEE MEETINGS: NOVEMBER
ADV Full LogoWorkforce Housing Committee
Wednesday, November 10, 2010 | 9:00 - 10:30AM
(NOTE: Meeting will be held at OCBC, Suite 100)

Workforce Development Committee
Wednesday, November 17, 2010 I 7:30 - 9:00AM
(NOTE: Meeting will be held at 4 Park Plaza, Suite 320)

Economic Development Committee
Wednesday, November 17, 2010 I 9:00 - 10:30AM
(NOTE: Meeting will be held at 4 Park Plaza, Suite 320)

LEA Committee
Thursday, November 18, 2010 I 9:00 - 10:30AM
(NOTE: Meeting will be held at OCBC, Suite 100)

Advocacy and Government Affairs Committee
Friday, November 19, 2010 I 9:00 - 10:30AM
(NOTE: Meeting will be held at 4 Park Plaza, Suite 320)

OC Moves Committee
Friday, November 19, 2010 I 12:00 - 1:30PM
(NOTE: Meeting will be held at 4 Park Plaza, Suite 320)

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 2010 check out OCBC's Committees. For more information, contact Leslie Dods at 949-794-7241 or ldods@ocbc.org
COMMUNITY EVENTS
South Coast Metro - Business Challenges and Opportunities Luncheon - Wednesday, November 17, 2010
Join us as Tom Dobyns, President and CEO of American Security Bank moderates a luncheon featuring: Travis Allen, President, Wealth Strategies Group; Greg May, Executive Vice President & Managing Director, Grubb & Ellis; Dr. Wallace Walrod, Vice President of Economic Development, Orange County Business Council. For more information or to RSVP, contact Diane Pritchett at 714.435.2109 or email alliance@southcoastmetro.com.

Girl Scouts of Orange County "Celebrate Leadership" Gala - Thursday, November 18, 2010
The 2010 Gala will be honoring twelve extraordinary women in leadership. More details to come. For more information visit www.ggcs3.org or contact Sally Lawrence.

SCAG Presents "Southern California Road to Recovery" Luncheon - Thursday, December 2, 2010
Southern California Association of Governments (SCAG) is developing an economic growth strategy for Southern California with Jack Kyser, Dr. Wallace Walrod and John Husing. Jack Kyser will present their findings during a luncheon at the Wilshire Grand Hotel in downtown Los Angeles. Southern California was hammered by the recent recession, with over 900,000 jobs lost through 2009.  Worse, although the recession was declared over in the 3rd quarter of 2009, more job losses will be recorded in 2010. Most economists think the recovery will be painfully slow, with previous employment peaks not re-attained for at least two years.

SAVE THE DATE! Special Tribute to Anaheim Mayor Curt Pringle - Monday, December 13, 2010
Celebrating the eight years as mayor of Anaheim, this charity event will benefit local youth-serving organizations in Anaheim.  Watch for details or contact the Anaheim Chamber at 714-758-0222.
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:

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 www.savewithups.com/enroll or call (800) 325-7000. Use promo code PAC376 to enroll.

OFFICE FURNITURE PROMOTION: As Orange County's Haworth preferred contract furniture dealership, Interior Office Solutions specializes in developing functional, productive and beautiful workplace environments tailored to each client's unique requirements. Purchase $2500 of product and receive a $500 coupon; Purchase $5000 worth of product for a $1000 coupon; Purchase $10,000 worth of product and receive a rebate based on your total furniture. Call Jesse Bagley or Brian Airth to schedule a consultation: (949) 724-9444 (Offer valid 7/1 - 12/31/2010)

BEAUTY AND THE BEAST: Enjoy a discounted performance of BEAUTY AND THE BEAST at the Orange County Performing Arts Center for Friday, November 19, 2010. Just click on the link HERE, enter the promotion code (listed below) and you can buy discount tickets online! Pick your seats, print at home and avoid all service fees. Promo Code is 12087. 

BACCHUS' SECRET CELLAR WINE BAR CAN HELP YOU!
Bacchus' is the perfect place for your business to turn to for all your holiday needs.  Looking for a classy yet fun setting for a holiday party of up to 125 collegues, clients, and associates?  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.  Live music on Thursday, Friday, and Saturday nights is a great way to reward a hard week of work.  Please contact Garett Savage (garett@bacchussecretcellar.com) to reserve your holiday party today while there is still space.
IS IT NEWS TO YOU? THEN IT'S NEWS WE CAN USE!
indicatorHave 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 E-Update Indicator 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.
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