The Leading Voice of Business
Monday, February 28, 2022 | View as Webpage
THIS WEEK IN ORANGE COUNTY
OCBC Sacramento Advocacy Trip: Sold Out!
The Council’s Sacramento Advocacy Trip has officially sold out! On March 21-22, a large group of leaders from a diverse array of industry sectors will join the Council in Sacramento to share the voice of business with state leaders in the Legislature and Newsom administration. Newly announced speakers include Senate Housing Chair Scott Wiener, CalSTA Secretary Toks Omishakin, and HCD Director Gustavo Velasquez. See the full speaker list (subject to change). Thank you to Title Sponsor: Southern California Edison and sponsors: AAA, Disneyland Resort, American Career College/West Coast University, Building Industry Association of Southern California, Irvine Ranch Water District, KLM Strategies, and SoCalGas.
How will Russia’s Invasion into Ukraine Impact CA's Economy?
Russia's invasion of Ukraine is a breach of democracy with violations of international law that are sure to have even further ramifications. However, it is still too soon to identify to what extent the just-imposed sanctions will have on the world market and the global supply chain. Russia is currently California's 36th largest export destination and Ukraine is California's 49th largest out of 226 export markets. California exported a total of $175B in 2021 with $472M in goods to Russia and $252M in goods to Ukraine. Read more in this special report from the U.S. Chamber of Commerce.
OCTA Needs Your Input!
The Orange County Transportation Authority (OCTA) wants your feedback on how to improve congestion in the State Route 91 (SR-91) corridor area. The goal of the SR-91 Comprehensive Multimodal Corridor Plan Study is to enhance mobility options and provide transportation choices on and around the SR-91 freeway by encouraging multimodal projects that improve transit and rail service as well as active transportation such as biking and walking. The public is invited to attend a virtual community webinar on Wed., March 2 from 5:30 to 6:30 p.m. Take the online survey or learn more.
SCE Keeps Safety First as Wildfire Season Approaches
With more than 25% of its service territory in high fire risk areas, Southern California Edison (SCE) is committed to reducing wildfire risk and protecting the safety of its customers and communities. As the state braces for another potential season of wildfires, SCE crews continue their work to make improvements, such as installing hi-tech wildfire mitigation tools and technologies to make communities safer and more resilient. This will also help to reduce the number of Public Safety Power Shutoffs. Read more about SCE's Wildfire Mitigation Plan successes from 2021 and goals for 2022. Visit SCE's Resources & Support webpage to learn how to be prepared for an emergency.
LEADERSHIP SPOTLIGHT: GET TO KNOW LETITIA CLARK
Q: What aspect of your job excites you out of bed in the morning?
A: Serving at the local level may seem like small potatoes. But I believe it is the most accessible political job to the public, which can be a blessing and a burden. What excites me most is that there is so much instant gratificationI can see change happen in the community, often immediately. When someone is concerned about graffiti or debris, I can help solve those problems quickly and see the result. And for the capital projects or global issues like housing and food insecurity that take more time to address, the great thing is that I live in the community where the change is being worked on. So eventually, I see the difference that my local policy decisions have in my own neighborhood.

Q: What is your favorite way to unwind after a long week?
A: Family time! Something with the entire family—watching a movie with popcorn and blankets in the family room or a good board game that can last for hours with plenty of laughter.

Q: What is your favorite part about living in Orange County?
A: It’s home! The beaches, outdoor activities, attractions, shopping, and great neighborhoods aside—I love riding down Ocean Ave. in Laguna Beach where my dad was born and getting to pop-in on home games to root for my alma mater Tustin High Tillers. My parents live close by, and the occasional run-in with a grade school classmate is the best. OC is a place I’m proud to call home.

Read the full Q&A here, and watch for more Leadership Spotlights with Orange County's key business and government leaders soon!
INVESTORS IN THE NEWS
OCTA Offers Youth Free Bus Rides
OCTA is the first large transit agency in the region to offer free bus rides to all youth ages 6 to 18 on an ongoing basis. The decision to extend the Youth Ride Free Pass indefinitely follows the success of a six-month promotional program, which offered the pass through Orange County school districts and the OCTA store and allowed youth to ride the bus to school and other local destinations. Free rides for children also apply when they are riding with an adult. Where will you ride today?
United Way is #DoingMore4OC
Orange County United Way's President and CEO, Sue Parks, is on a mission to walk 100 miles across Orange County to achieve a greater understanding about the community. Recently, she and other United Way members took a stroll through Aliso Viejo to learn more about United Way's impact in the area. Keep an eye out for Sue and her team—you just might see them in your neighborhood next!
COMMITTEE MEETINGS
OCBC Committee meetings are an exclusive benefit offered to OCBC members.
Click the committee meeting link to learn more about the specific topics and issues that will be covered and any special guest speakers.
OCBC'S UPCOMING EVENTS
A special thank you our sponsors! Title Sponsor: The Orange County Register; Platinum Sponsor: Amazon; VIP Reception Sponsor: UCI; Gold Sponsors: Brookfield Properties, Disneyland Resort, Experian, FivePoint Holdings, LLC and Rancho Santiago Community College District; Silver Sponsors: AAA, Bank of America, The Boeing Company, BIA-SC, City of Hope Orange County, HNTB, JPMorgan Chase, Kaiser Permanente, Ontario International Airport, SDG&E, SoCalGas, Southern California Edison and U.S. Bank; and Bronze Sponsors, American Career College & West Coast University West Coast University, Anaheim Public Utilities, AT&T, CalOptima, Cal State Fullerton, Charter Communications, Chevron, Cox Business, CSUF College of Business, Curt Pringle & Associates, Girl Scouts of Orange County, Goodwill of Orange County, Idea Hall, Jamboree, LSA, Manatt, Phelps & Phillips, LLP, MemorialCare, Nossaman LLP, Orange County Department of Education, Rancho Mission Viejo, SCAG, South Orange County Community College District, Transportation Corridor Agencies, Tri Pointe Homes, University of Massachusetts Global, UPS, Verizon, Wells Fargo and WSP USA.
COMMUNITY RESOURCES
OCBC COMMITTEE MEETING RECAPS
Workforce Development: Child Care Impact on Business
OCBC's Workforce Development Committee recently hosted First 5 Orange County for a discussion on how inadequate child care impacts Orange County's economy. First 5 OC's findings show that the lack of child care options in the county creates $4.3B in lost productivity and wages, $372M annually in lost tax revenue and 67,000 lost jobs. Stakeholders at all levels, including the business community, must do more to overcome these shortfalls. Read more in the Orange County Child Care Landscape Analysis. To learn more, contact Jesse Ben-Ron, OCBC's VP of Workforce and Economic Development.
Workforce Housing: Real Estate Trends, Affordable Developments
During OCBC's latest Workforce Housing Committee meeting, Steven Thomas, Chief Economist for Reports on Housing, and OCBC's Chief Economic Advisor, Dr. Wallace Walrod, outlined economic factors influencing a "supply catastrophe" that results in new homes being bought at alarmingly fast rates. Laura Archuleta of Jamboree Housing, and Helen O'Sullivan of NeighborWorks OC and Orange County Housing Trust provided updates on numerous significant affordable housing projects in the pipeline, including the Trust's support of the Center of Hope in Anaheim. To get involved, contact Connor Medina, OCBC's Government Affairs Manager.
NOT AN OCBC MEMBER? JOIN TODAY!
Join OCBC and connect with the most influential companies and top executives actively engaged in creating a pro-business environment and prosperous economy. Hundreds of Orange County's leading businesses, cities and non-profit organizations represent an elite group from every industry cluster. But we need YOUR VOICE! For more info, contact Natalie Rubalcava, OCBC Chief Operating Officer.
TOMORROW STARTS WOMEN'S HISTORY MONTH
March marks the start of Women's History Month, and OCBC is excited to spotlight Orange County's phenomenal women of business! Does your organization have a trailblazing woman leader? Let us know! E-mail Alexis Rios, OCBC's Communications and Events Specialist, for a chance to highlight them in an upcoming eIndicator.