Thursday | Sept. 27, 2012
     
 

IN THIS ISSUE

This Week At The Chamber
Read the latest happenings

Member News
Read good news from Chamber members

Issues of Interest
Read about what's going on in your community
 

  COMING UP AT
THE CHAMBER
 
     
 

MON | Oct. 1
Emerging Commerce Council
Financing for Web Technology Start-ups
more info
| register

THU | Oct. 4
Small Business Council
The 7 Habits Business Leaders Use to Grow Their Companies
more info
| register

WED & THU | Oct. 3-4
L.A. Cash for College: College & Career Convention
more info

TUE | Oct. 9
Referral Network
Grow your business
more info
| register

View all upcoming events on our Web Calendar.

 
     
 

OVERHEARD

 


"The country is not going to recover unless California is healthy. As a state we need to be smart on how we construct growth."

John Chiang, California State Controller at the Accenture Pancakes & Politics Breakfast Speaker Series event on Friday.


"This is a once in a lifetime chance to remake LAX. This is not just an airport -- it's a storied brand that means something to the world. Recently it hasn't meant great things, but we can turn that around."

Gina Marie Lindsey, Executive Director of Los Angeles World Airports at the Chamber's Aviation Committee today.


  Media Highlights  

 

 

Residents urged to stay in L.A. during Carmageddon II
Los Angeles Times, Sept. 26
Read more

L.A. City Council backs pension cuts for new workers
Los Angeles Times, Sept. 25
Read more


 
   
 


L.A. CITY COUNCIL APPROVES PENSION REFORM INITIATIVE TO CREATE NEW PENSION TIER

On Tuesday, the Los Angeles City Council unanimously passed a pension reform initiative that will create a new civilian pension tier with more limited guaranteed benefits. This reform, which only applies to new civilian hires and impacts only one of the City's three pension systems, is projected to save the City $4.3 billion over the next 30 years. Testifying in support of the proposal, the Chamber made clear this is an important step, but not the final step, as we still need reform to lessen pension obligations in the short and mid-term. Contact Ruben Gonzalez, 213.580.7568.


Council approves Chamber supported LADWP rates
On Tuesday, the Chamber testified at City Council in support of the Los Angeles Department of Water & Power's (DWP) proposal to increase rates approximately 11 percent over two years. After a presentation from Dr. Fred Pickel, the DWP Rate Payer Advocate, the Chamber Board agreed that the increases were necessary to allow the DWP to comply with federal and state mandates, replace our aging infrastructure, ensure reliability and help L.A. meet efficiency and renewable objectives. The Council approved the ordinance 10-4. If passed next week on a second reading, rates could take effect in November. Contact Jessica Duboff, 213.580.7558.

Governor signs Chamber-advocated SB 1456
This week Gov. Jerry Brown signed Senate Bill 1456, which will improve students' prospects for success by providing critical support services on the front end of their educational experiences. The Chamber advocated strongly on behalf of SB 1456 and its predecessor, SB 1143, which the Chamber sponsored. SB 1456 will implement those recommendations made in SB 1143, which will drive a more productive California Community Colleges system and ensure greater student success. "More than 70 percent of all undergraduate college students in California are in the community college system, yet only about 25 percent of students seeking degrees, certificates or transfers complete their work," said L.A. Area Chamber President & CEO Gary Toebben. "From a business perspective, that's a grave concern. We need to make sure students are succeeding so that our state reaps a return on its investments." Contact Alma Salazar, 213.580.5566.

Get connected and help rebuild the State's prosperity through California Connections
The Southern California Leadership Network is currently recruiting for the next group of dynamic leaders for California Connections 2013! Now, more than ever, statewide leaders need to be connected to the issues and people who will help rebuild the State's prosperity. SCLN is looking for senior-level executives who are eager to build relationships and better understand the regions that keep California competitive. If your organization could benefit from having leaders with broader statewide perspective or if you know of candidates from your network that could personally and professionally benefit from the California Connections experience, please share this information with April Tam at 213.580.7526. The early application deadline has passed, but applications are still being accepted as space permits. Apply today!

good news
 

United Way of Greater Los Angeles to host 5K run/walk to end homelessness
On Saturday, Nov. 17, the United Way of Greater Los Angeles will host its HomeWalk 5k run/walk to end homelessness at Exposition Park. Read more.

Bark Avenue celebrates opening of store
Bark Avenue, a pet care facility offering day care, boarding, grooming, training and pet sitting, will celebrate the grand opening of its new Bark Avenue's Pet Project store at 2 p.m. on Friday, Oct. 5, at 548 S. Spring Street . Read more.

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  ISSUES OF INTEREST  
 
 

Chamber supports NBCUniversal project
Today, the Chamber testified in support of the NBCUniversal Evolution project at the City Planning Commission. The project represents a $1.6 billion investment in one of Los Angeles' signature industries and will create more than 30,000 jobs during construction and operations. The plan will now go to the City Council Planning Commission.

Farmers Field EIR approved by committee
On Monday, the Chamber spoke at the City Council Ad-Hoc Stadium Committee in support of the Farmers Field environmental impact report. The project was approved unanimously by the committee and will be in front of the full City Council tomorrow morning for final approval.

 
 

 

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The Los Angeles Area Chamber of Commerce is the voice of business in L.A. County. Founded in 1888, the Chamber promotes a prosperous economy and quality of life in the Los Angeles region. For more information, visit www.lachamber.com