Posts Tagged ‘Bay Area Council’

The “Bay Area Council Economic Institute” Denies Failure re: the America’s Cup – The BACEI Shouldn’t be Trusted

Tuesday, December 10th, 2013

A few notes here. The “thrilling comeback by Oracle Team USA” was tainted by the cheating scandals involving …Oracle Team USA, wasn’t it? The so-called “economic impact” is about 96% lower than the highest number initially given by … the BACEI. The 3,800 “jobs” referred to are in fact … merely job-years, so, in fact, all the “jobs” “created” are now gone and some of the “jobs” “created” paid less than minimum wage, and some of the workers still haven’t been paid as agreed, and lots of workers came up from SoCal since billionaire Larry Ellison was too cheap to pay Bay Area workers. The America’s Cup “captivated a worldwide audience?” No it did not. And of course the America’s Cup “produced tax revenue” but it also stole tax revenue from San Francisco and net result is a loss to the tune of millions of dollars.

I’ll note that there’s no apology for what everybody now knows was a flawed study from the BACEI in 2010. It’s all spin.

The 2010 report was a big pile of garbage. This after-the-fact press release is a smaller pile, but it’s still garbage.

OTOH, if you want to promote some event in the bay area and you need some wildly optimistic numbers in a report, the BACEI is the corrupt think tank for you.

All the deets:

HOSTING 34TH AMERICA’S CUP GENERATES $550 MILLION IN ECONOMIC ACTIVITY, CREATES MORE THAN 3,800 JOBS

SAN FRANCISCO, CA – The thrilling comeback by Oracle Team USA in the 34th America’s Cup capped an historic event that generated $550 million in economic activity, created more than 3,800 jobs and contributed almost $6.6 million in tax revenue to the City of San Francisco, according to the Bay Area Council Economic Institute.

These figures include a new cruise terminal whose construction was accelerated by the America’s Cup races in San Francisco. In the absence of a new cruise terminal, conservative estimates show that the America’s Cup generated $364 million in economic activity, created almost 2,900 jobs and contributed almost $5.7 million in tax revenue to San Francisco.

The figures also do not include economic activity created throughout the region, local and Bay Area visitor spending, or the benefits associated with gripping media coverage of the high-tech competition that captivated a worldwide audience and showcased the Bay Area as an international tourist destination.

“The $550 million in economic activity generated by the America’s Cup is substantial,” said Sean Randolph, President of the Bay Area Council Economic Institute. “The activity benefitted hundreds of small businesses and other employers in San Francisco and the Bay Area and produced tax revenue that supports a wide range of important city services.”

The economic benefits came from almost $280 million in overall spending by the various teams that competed, the hundreds of thousands of visitors that flocked to the waterfront to watch the most innovative and technologically advanced sailboats in the world and the many events that accompanied the races.

“Hosting the 34th America’s Cup in San Francisco showcased our beautiful City to the world and brought thousands of new jobs, long-overdue legacy waterfront improvements, international visitor spending, and a boost to our regional economy,” said San Francisco Mayor Ed Lee. “Our investment brought in significant revenue to the City and the lessons we learned will help us deliver even better world-class events in the Bay Area in the future.”

The bulk of the tax revenue — almost $3.7 million — came from hotel stays, while payroll-related taxes produced $2 million and tax revenue from parking and retail spending combined reached $2.1 million.

The largest segment of economic benefits — $126.7 million — stemmed from spectators who traveled to San Francisco to watch the competition’s sleek catamarans zip across the bay at speeds approaching 55 miles per hour.

A full Economic Impact Report will be issued before the end of the year.

# # #

About the Bay Area Council Economic Institute
The Bay Area Council Economic Institute is a partnership of business with labor, government, higher education and community leaders that works to support the economic vitality and competitiveness of California and the Bay Area. It produces authoritative analyses on key economic issues in the region and the state, and mobilizes leaders from diverse backgrounds around targeted policy initiatives. A sought-after source of economic perspective, its public-private governance and fact-based approach to economic analysis underpin the Institute’s forward-looking thought leadership (www.bayareaeconomy.org).

Rufus Jeffris | Vice President, Communications | BAYAREA COUNCIL
353 Sacramento Street, 10th Floor | San Francisco, CA 94111
O: 415-946-8725 | M: 415-606-2337 | rjeffris@bayareacouncil.org
www.bayareacouncil.org

President Barack Obama Picks Paula R. Collins and Alex Mehran as New Board Members of the Presidio Trust

Tuesday, August 14th, 2012

Here’s the news of the day from our Presidio Trust, or perhaps it was last week’s  - I’m kind of slow on the the uptake sometimes:

“PRESIDENT OBAMA TAPS BUSINESS, CIVIC LEADERS FOR PRESIDIO TRUST BOARD – NANCY BECHTLE RE-APPOINTED BOARD’S CHAIR

Presidio of San Francisco (August 14, 2012) — President Barack Obama has named two prominent Bay Area leaders — Paula R. Collins and Alex Mehran — to the Presidio Trust Board of Directors. The White House also re-appointed Nancy Bechtle as board chair. Ms. Collins and Mr. Mehran are replacing outgoing board members J. Michael Shepherd and Bill Wilson.

Paula R. Collins is the chief executive officer of WDG Ventures, Inc., a real estate development company in Northern California, and president of Portfolio Real Estate Consulting.

Part of the original project development team for the Moscone Convention Center, Ms. Collins is a founder and director of Presidio Bank in San Francisco, a member of the national board of the Automobile Association of America and has served as an appointee to the Massachusetts Institute of Technology (MIT) Visiting Committee for the Department of Urban Studies and Planning. In addition, she is co-chair of the Board of Directors for the Yerba Buena Center for the Arts in San Francisco, a member of the board of the Special Olympics for Northern California and has served on the Board of Directors of the BRIDGE Housing Corporation. Ms. Collins has been awarded the prestigious Silver Spur Award by the San Francisco Planning and Urban Research organization, in honor of her dedication to improving the quality of life and economic health of San Francisco; and has been honored by the National Coalition of 100 Black Women and the San Francisco Business Times. She graduated cum laude in urban studies from Mt. Holyoke College in Massachusetts and received her master’s degree in city planning from MIT. Ms. Collins replaces Mr. Shepherd on the board.

A Bay Area native, Alex Mehran is the president and chief executive officer of Sunset Development Company, a San Ramon based real estate development, investment, construction and management company founded by his father almost 60 years ago.

Mr. Mehran is chair of the Contra Costa Economic Partnership, a trustee of the San Francisco Ballet and a member of the University of California, San Francisco Chancellor’s Associates. In addition, he is a past chairman and current executive committee member of the Bay Area Council and is a former trustee of the Urban Land Institute and the Fine Arts Museums of San Francisco. Mr. Mehran received his bachelor’s degree from Harvard College, where he graduated with honors. He earned a law degree, also with honors, from England’s Cambridge University. Mr. Mehran replaces Mr. Wilson.

“Alex and Paula are joining the board at a very exciting time – the Presidio Trust is now financially self-sufficient and we are seeing the benefits of a decade worth of investments in the park,” said Craig Middleton, Presidio Trust Executive Director. “Alex and Paula will be instrumental in helping us expand the public benefit of the Presidio to the local community and the nation.”

A fourth generation San Franciscan, Nancy Bechtle grew up across the street from the Presidio, and, as a child would scale the base’s walls to play in Julius Kahn Park. Once, she was even kicked out for riding her horse on the base. Appointed to the Trust’s board by President George W. Bush in 2008, Ms. Bechtle was first elected chair in 2009. She is chairman of the board of the Sugar Bowl Corporation, serves on the board of directors for the Charles Schwab Corporation and is a former chief financial officer and director of J.R. Bechtle and Company. A past president and chief executive officer of the San Francisco Symphony, Ms. Bechtle has served on the symphony’s board of governors since 1984 and has also served on the board of the San Francisco Opera Association. In addition she has served on the board of the National Park Foundation, holding the board’s citizen chair from 2005 to 2007. Ms. Bechtle recently received a Lifetime Achievement Award from the Commonwealth Club of San Francisco and has received a Lifetime Achievement in the Arts Award from the California Arts Council and the Investment in Leadership award from the Coro Foundation, among her many other honors.

“I am pleased to welcome these very talented and accomplished people to the board,” said Nancy Bechtle. “The experience that Paula and Alex bring will be great assets as the Trust expands its public-serving programs while continuing to keep an eye on ensuring the park’s self-sufficiency.”

The Presidio Trust is governed by a seven-member board of directors. Six members are appointed by the President of the United States. The seventh is the U.S. Secretary of the Interior or his designee. An executive director reports to the board and oversees a staff with expertise including environmental science, historic preservation, operations and maintenance, landscape design, planning, resource management, real estate development, public affairs and programs, law, and finance.

Biographies of all Trust board members are available at www.presidio.gov

The Presidio Trust was established by the United States Congress in 1996 to administer the Presidio of San Francisco, an urban national park site that is located at the base of the Golden Gate Bridge. The areas overseen by the Trust include expansive open space and spectacular views, a 300-acre historic forest, and rare and endangered plants and wildlife. The park comprises nearly 6 million square feet of buildings, including 469 historic structures that contribute to the Presidio’s status as a National Historic Landmark District.”

OMG, Hillary Clinton, Cherie Blair and Marissa Mayer to Star at “APEC Women And The Economy Summit,” Sept 13-16th

Wednesday, September 7th, 2011

Wow, some heavy hitters are about to hit town, FYI,

Check it:

“Creating empowering environments

Financial inclusion for women-owned business

Women and green jobs

Public/private partnerships that empower women

Fostering women entrepreneurs and small-businesses

Closing the gap in the world of information and technology

The new wave: fostering innovation

Girls to women: developing young leaders”

Join the Dialogue: Women & the Economy Summit – Live Simulcast of Secretary of State Hillary Clinton’s Keynote Address
Friday, September 16 | 8:30 AM – 12:30 PM
The Commonwealth Club, 595 Market, 2nd Floor, San Francisco
RSVP Required

Cherie Blair:  A Special Event
Friday, September 16 | 7 – 9 PM
The Commonwealth Club of California
595 Market Street, 2nd Floor, San Francisco, CA

Unofficial Closing Reception with Mayor Jean Quan
Friday, September 16 | 6 – 8 PM
Oakland City Hall, 1 Frank H. Ogawa Plaza, Oakland
RSVP to MayorRSVP@oaklandnet.com 

And here are your confirmed speakers / luminaries:

Rona Ambrose - Minister of Public Works and Government Services and Minister for Status of Women, Canada
Dorothy Attwood – Senior Vice President of Global Public Policy, Walt Disney Company
Michelle Bachelet – UN Under Secretary General and Executive Director, UN Women
Cherie Blair – Founder, Cherie Blair Foundation for Women, UK
Rebecca M. Blank – Acting Secretary of Commerce and Under Secretary of Commerce for Economic Affairs, U.S. Department of Commerce
Beatriz Boza - Founder and Executive Director, Ciudadanos al Dia, Peru
Beth Brooke – Global Vice Chair of Public Policy, Sustainability and Stakeholder Engagement, Ernst & Young
Tina Brown – Editor-in-Chief, The Daily Beast and Newsweek
Elim Chew - Founder & President, 77th Street Pte Ltd, Singapore 
Eileen Claussen – President, PEW Center on Global Climate Change 
Hillary Rodham Clinton – Secretary of State, U.S. Department of State
Weili Dai – Co-Founder, Marvell 
Amanda Ellis – Deputy Secretary, International Development Ministry of Foreign Affairs and Trade, New Zealand
Anne Finucane – Global Strategy and Marketing Officer, Bank of America
Sue Fleishman – Executive Vice President of Corporate Communications, Warner Bros.
Maria Luisa “Lulu” Flores – Partner, Hendler Law, PC, and President, National Women’s Political Caucus 
Lorraine Hariton – Special Representative for Commercial and Business Affairs, U.S. Department of State
Kathy Hill – Senior Vice President of Ethernet and Wireless Systems Technology Group, Cisco Systems, Inc.
Robert D. Hormats – Under Secretary for Economic, Energy and Agriculture Affairs, U.S. Department of State
Chris Jansing – Anchor and Host of ‘Jansing & Co.,’ MSNBC
Valerie Jarrett – Senior Advisor to the President of the United States and Chair of the White House Council on Women and Girls
Pacita Juan – Chief Executive Officer, Figaro, and President, Women’s Business Council, Philippines 
Shinta Kamdani – Managing Director, Sintesa Group, Indonesia
Jeni Klugman - Director, Gender and Development, The World Bank 
Karen Kornbluh – U.S. Ambassador of Organization for Economic Cooperation and Development (OECD)
Anne Ladky – Executive Director and Founding Member, Women Employed
Christine Lagarde – Managing Director, International Monetary Fund 
Yang Lan – Co-Founder, Sun Media Group and Television Host for “Yang Lan One On One,” China
Ilene Lang – President & Chief Executive Officer, Catalyst
Carol Massar – Anchor, Bloomberg TV
Marissa Mayer – Vice President of Location and Local Services, Google 
Sheri McCoy – Vice Chairman and Executive Committee Member, Johnson & Johnson
Melody Meyer - President, Chevron Asia Pacific Exploration and Production Company
Karen Mills – Administrator, U.S. Small Business Administration
Dong Mingzhu – Vice Chairman of the Board and President, Gree Electric Appliances Inc., China
Marty Natalegawa - Minister of Foreign Affairs, Indonesia
Barbara Orser – Founding Chair of the Canadian Taskforce for Women’s Business Growth, Canada 
Mari Pangestu – Minister of Trade, Indonesia

Hekia Parata – Minister of Women’s Affairs and Acting Energy Minister, New Zealand 
Sharon Thomas Parrot – Senior Vice President External Relations and Chief Regulatory Compliance Officer, DeVry Inc.
Kathleen Rogers – President, Earth Day Network
Sheryl Sandberg – Chief Operating Officer, Facebook
Carolina Schmidt – Minister of Women’s Affairs, Chile
Senator Shahrizat Abdul Jalil – Minister of Women, Family and Community Development, Malaysia
William M. Sheedy – Group President, Americas, Visa Inc.
Megan Smith – Vice President of New Business Development, Google
Gene Sperling – Director, National Economic Council, White House
Haslina Taib – Chief Executive Officer, BAG Network, Public Private Partnership between Accenture and Brunei Government IT consulting, ABAC Advisor, Brunei
Tina Tchen – Executive Director, White House Council on Women and Girls, and Chief of Staff to the First Lady of the United States
Su-Mei Thompson - Executive Director, The Women’s Foundation, Hong Kong 
Claire Tomlin – Professor of Electrical Engineering and Computer Sciences, University of California Berkeley
Melanne Verveer – Ambassador-at-Large of Global Women’s Issues, U.S. Department of State
Cher Wang – Chairman, HTC, Chinese Taipei
Telle Whitney – President and Chief Executive Officer, Anita Borg Institute for Women and Technology
Sheryl WuDunn – Co-Author, Half the Sky: Turning Oppression into Opportunity for Women Worldwide
Meng Xiaosi, Vice President, All-China Women’s Federation
Perry Yeatman – Senior Vice President, Corporate and Legal, Kraft Foods Inc and President, Kraft Foundation

Repair California Calls for a Constitutional Convention – Hundreds Listen in San Francisco

Wednesday, August 12th, 2009

Repair California, the Bay Area Council, and the Full Circle Fund got a pretty decent crowd last night as they called for a California constitutional convention. The L.A. Times has done the same, so this is quite a movement, huh?

San Francisco: Repairing California: Time for a Constitutional Convention
Tuesday, August 11, 2009, 6:00 p.m. to 8:00 p.m.

The mise-en-scene. Left early but let’s call this a crowd of 300-something, all told, at the PG&E Auditorium on Beale Street last night:

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Amy Lesnick of the Full Circle Fund:

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Is this another Bear Flag Revolt, like we had in 1846?

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And, of course,  noisy PopChips were laid out everywhere, just like at the premiere of La Mission in Le Castro Theatre.  

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 A little history:

“In response to a budgetary crisis, several prominent individuals and political organizations are calling for a new constitution. The Bay Area Council, a public-policy advocacy organization, issued a press release in August of 2008 to launch the idea, and co-sponsored a symposium on the subject on February 24, 2009.

A coalition calling itself “Repair California” was formed in 2009 to continue the push for a California constitutional convention. The group plans to submit its proposed measures to the Attorney General by September 25, 2009. This is the first step in the process, after which signatures are solicited from voters.The plan is to obtain the two-thirds majority vote in the legislature and place a new constitution on the ballot for the November 2010 election.

Repair California states that a consensus is emerging to reform these areas:

  • The structure of governance, particularly the legislative and executive branches
  • The processes for initiatives and referenda
  • Campaign finance
  • Term limits
  • Changing to the two-thirds requirement for passing a budget
  • Revenue distribution, particularly between localities and the state”

 Who were the speakers and who was there? Find out, after the jump. (more…)