Post on 25-May-2020
Page 1
Committees
1st Friday Education
8am Union Bank Tennant Station
2nd Thursday Environmental
Affairs 8am Union Bank Tennant Station
3rd Thursday Economic
Development 8am Union Bank Tennant Station
2nd Thursday Ambassadors
Noon at the Chamber office
Chamber Calendar
1st Thursday Good Morning
Morgan Hill Community and Cultural Center
3rd Thursday After Hours
Networking Mixer Outdoor Sports
Center
Every Monday Let’s Do Lunch
May 2014
“Every Business Has a Story to Tell” by John Horner, CEO
17485 Monterey Road, Suite 105
Morgan Hill, CA 95037
Phone (408)779-9444, Fax (408)779-5405
Morganhill.org / info@morganhill.org
http://www.facebook.com/MorganHillChamber
One of the things I most enjoy about my job is the opportunity to hear some of
the fascinating stories about how local business people got to where they are. We
are fortunate to have a host of accomplished people throughout Greater Morgan
Hill, and these people are the bedrock of local employment. From the amazing
family history behind the Guglielmo Winery to the multi-national footprint of
companies like Anritsu and Sakata Seeds, Morgan Hill is blessed with an out-
standing diversity and quality of businesses and business people.
Going forward, we are launching a project to collect and distribute your stories
both for the general education of the community and to use as an economic de-
velopment tool. When businesses make plans to locate and/or relocate themselves we need your suc-
cess stories to inspire the decision makers. Collecting and sharing these stories has become one of the
key projects of your Chamber Economic Development Committee. Fortunately Morgan Hill Life edi-
tor Robert Airoldi is an active member of this committee, and he and his organization have stepped up
to run this project. Robert plans to start a series of interviews asking the question: “How did your busi-
ness develop in Morgan Hill?” These stories will both be published in Morgan Hill Life and submitted
to larger regional publications. We will also be shooting and editing short companion videos to share
broadly through our various websites, YouTube and so on. Do you have an interesting story to tell
about yourself and your business? If so, contact Robert or myself and we will see if we can get you
into the queue for this project.
One more timely story I want to tell is about regional engagement. More and more, the challenges we
face as business people and residents go well beyond any particular civic boundary lines. Water, trans-
portation, economic vitality, land use and other issues do not start and stop at particular city or county
boundary lines. Real progress requires working together. Towards that end, the Morgan Hill and
Gilroy Chambers of Commerce have been working every more closely together to serve the businesses
of our South County Region. For example, we are now alternating hosting Small Business Develop-
ment Center educational workshops. We have also been learning from one another in areas like politi-
cal action, were Gilroy has taken the lead, and education/schools engagement where Morgan Hill has
started projects Gilroy is learning from. Gilroy’s CEO Mark Turner and I have met repeatedly both
formally and informally to continue advancing the cause of business vitality for the entire South
County. Further afield, we engage with the entire Silicon Valley Chambers of Commerce organization
to further our reach. Thanks to that engagement, this coming September we will all be joining together
to have a regional mega-mixer at Guglielmo winery just a week before the Taste of Morgan Hill. You
are not going to want to miss that September 18th mixer.
Between now and September we have a host of opportunities and activities going on throughout our
area. You can learn about many of them in the pages ahead. Thank you!
May 21st, 2014 5:30pm-8:00pm Cost: $15 per person including light dinner Facilitator: Mary Hiland, Ph.D
Purpose: to educate non-profit board members and executives on the hows and whys of building and sustaining a diversified and
highly effective board & to provide an opportunity for the many non-profits in our region to get to know one another’s leadership
better in order to enable greater cooperation through communication.
Participants will learn: how board service in nonprofits creates powerful impact; what’s in it for you as a board member; What
does a high performance board look like, and how do you get there; the characteristics of high value boards and more!
Building Your Board, Nonprofit Basics and Beyond
Meet a New Member Team: Regent Wealth Management by Suzanne Barrett, Chamber Ambassador
Page 2
Take advantage of PG&E rebates before Title 24 goes into effect
After years of using the financial strategies himself, Don Bergis established his company
fifteen years ago: Regent Wealth Management. Jared Elson left the tech industry and joined
him eight years ago to form a successful partnership. They maintain offices in Morgan Hill
as well as Campbell, and the entire staff is excited about building their business locally here
in Morgan Hill.
Together they focus on the client’s needs to provide services and act as personal CFOs to
provide the client with the best choices. This means helping each client’s desire to under-
stand and reach their golden dream of financial security. They are currently interested in
marketing clients ages 20-45. Together they are constantly evaluating their training and edu-
cation programs to develop resources relevant to their client’s needs.
Don and Jared sponsor a weekly radio program titled “Retirement Symphony” on Saturday
from 10-10:30am on KFAX (100 AM) and Sunday from Noon-1pm on KNEW (960 AM).
They also offer general financial planning seminars and support Operation Freedom Paws, a
local charity that matches veterans with service & companion
dogs.
Regent Wealth Management also offers community events. The
next one is their Free Shred Day, May 18th from 11:30am-
3:00pm at their offices at 1295 East Dunne Ave, Suite
200. If you need documents shredded, please go!
They can reached at 877- 457-4567
or by visiting www.regentwm.com
Adopt-A-Planter!
Have you noticed the flower filled planters lining Monterey Road and the side streets of
downtown Morgan Hill? Those flowers are there because of a program called “Adopt-A-
Planter”, which is organized by the South Valley Fleurs Garden Club in coordination with
the City of Morgan Hill. Cal Color, a local grower, donates all those flowers. Then a team
of awesome volunteers plant them, 3-4 times a year. Volunteers are needed to plant and
maintain a planters in the downtown area. Would you like to help? There are planters and
plants available now! It’s a fun way to help beautify the community you call home. So
adopt a planter (or two!) today!
For more information please email: adoptaplanter@yahoo.com
or call Susan at 408-528-5568 or Irene at 408-776-2933
2014 Board of Directors
Rich Firato Firato Janitorial Services
Chairperson
Robert Airoldi Morgan Hill Life
Vice Chair
Phil Couchee Recology South Valley
Treasurer
Fawn Myers MHUSD
Board Secretary
Ed Machado Commonwealth Credit Union
Tim Hennessey Associate Member
Greg Richtarek Guglielmo Winery
Scott Wilson Santa Clara Valley Water
District
Marian Tankersley Intero Real Estate
John Varela Asset Conversion Corp.
Danielle Davenport South Valley Angel Investors
Sam Kabert Value Business Products
Dusty Perryman Digital View
Sunday Minnich Minnich Productions
Chamber Staff
John Horner President & CEO
Janis McDonald Operations
Erin Machado Membership
Holly Horner Publications
Pat Catanzaro Finance
Effective April 22, restaurants and other local food providers may no
longer serve or dispense food in polystyrene foam. Banned foam materi-
als include cups, clam shells, bowls, plates, sauce containers, etc.
Why the change? Foam products frequently become litter. One polysty-
rene container, run over by a car and broken into many small pieces, is
almost impossible to remove from a storm drain or creek. Polystyrene
foam does not biodegrade and frequently gets ingested by wildlife.
Leftover, never used foam service ware may be donated to the Resource
Area for Teaching, a non-profit organization. Contact RAFT at 408-451-
1420 or raft@raft.net for more information.
Bag rules don't apply to restaurants! The new rules covering single use
carryout bags do not apply to restaurants. Restaurants may continue to
provide paper or plastic bags at no charge. We encourage you to ask patrons if they need a bag, rather than automati-
cally providing one.
Questions? Contact the City of Morgan Hill Environmental Services, environ@morganhill.ca.gov or 408-776-7333.
Page 3
Take advantage of PG&E rebates before Title 24 goes into effect
Reducing your energy use is one of the best ways to manage your bottom line. Your partners at PG&E want to make
sure you have all of the tools available to reach your business goals.
Beginning July 1st, 2014, new 2013 California Building Energy Efficiency Standards
(Title 24) will go into effect. Title 24 sets the guidelines for building design, operations
and efficiency throughout the state. Changes to Title 24 will modify some of the incen-
tives available from PG&E, which may impact your future energy efficiency projects.
Now is the time to take advantage of incentives that will be discontinued or changed as
of July 1, 2014. These include:
Lighting Controls ($5-$50/sensor)
Bi-Level Stairwell/Hall/Garage Fixtures ($15/fixture)
Low Wattage T8 Lamps ($1-$1.50/lamp)
Linear Fluorescent High Bays ($20-$150/fixture)
High Performance Troffers ($17.50-$20/fixture)
Contact your local PG&E account manager to discuss how you can take advantage of
these incentives before code changes go into effect. We can even help you finance facil-
ity improvements without large outlays of cash. With Energy Efficiency Financing,
PG&E will finance the project and you pay the loan – interest-free – through your
monthly utility bills (exceptions may apply).
If you are interested in learning more about the coming Title 24 changes, scheduling an
appointment to discuss energy efficiency and/or receiving a rate analysis, please contact
Charlene Iwata at 831-206-7297 or via email: Charlene.Iwata@pge.com
Anything But Foam
It’s a funny story how the idea for the Morgan Hill Chamber of Commerce’s “The Cove
Goes Western” came about. A few years ago the TV series “Dallas” came back on televi-
sion. I was watching it and it got me thinking that I would like to have a day where I could
have a big barbeque at the Morgan’s Cove “theme park” and everyone could wear a cowboy
hat and a big belt buckle like the characters on the TV series. That really kind of gave me
the inspiration for this fundraiser where local cowboys and cowgirls—or everyone who
would like to dress up in western attire for an evening—could enjoy a fun night with friends.
The Cove Goes Western had it’s inaugural event last year and guests really enjoyed the experience of combining a
Peter Pan pirate land adventure while dressed up like Billy the Kid or Annie Oakley. This year’s event will be held
on May 17th starting at 5pm. Tickets are $60 per person and include a barbecue dinner by Fire4Hire, dancing to
live music, and a drink ticket for wine, beer, or a nonalcoholic beverage.
Money raised will be used by the Chamber to put on the
Friday Night Music Series, which runs from June 13th to
August 29th, as well as the start-up costs for the annual
Taste of Morgan Hill, which will be held the last weekend
of September.
This year’s Cove Goes Western will feature the musical
talents of Morgan Hill Life’s Mark Fenichel and Scott
Miller as well as the main act: Los Angeles musicians Mi-
chael Gurley and J.D. Bender. Gurley has played for more
than 30 years and also composes music, including the
theme song for Disney’s “American Dragon: Jake Long”.
This year’s performers were arranged by Morgan Hill’s ARTTEC.
If you’ve never been to Morgan’s Cove, the Cove Goes
Western event is a great way to introduce yourself to
this unique pirate “theme park, which is nestled into a
quiet Morgan Hill Neighborhood. Morgan’s Cove is a
place you have to really visit to understand why it at-
tracts people with an adventurous character who want to
immerse themselves in the world of pirates. Its center-
piece is a pirate ship placed next to a small lagoon.
Other attractions include a Captain's Quarters, a poppy
jasper mine, and a treasure cave. There are also a few
new attractions at Morgan’s Cove that will be a fun sur-
prise for people attending The Cove Goes Western
fundraiser.
If you have not seen Morgan’s Cove and you want to experience it, you and your friends now have a chance to dis-
cover it in living color on May 17th. For more information about The Cove Goes Western, go to
www.morganhill.org or call 408-779-9444. Page 4
“A Brief Overview of The Cove Goes Western” by Rich Firato, Board Chair
Phenomenal LIVE Music by
Now you just have to go to The Cove Goes Western!
$60 tickets www.morganhill.org
or call 408-779-9444.
May 17th 5pm-10pm
Mark “Fenny” Fenichel & Scott T. Miller
Michael Gurley & JD Bender
Delicious BBQ provided by
Page 6
Chamber Events
After Hours Networking Mixer
Sponsored by Outdoor Sports Center 16500 Condit Rd, Morgan Hill, CA 95037
Thursday, May 15th, 5:30-7:30PM
Meet new friends & expand your business network!
Community Calendar
More community events at:
www.morganhill.org Do you want your events featured in our calendar?
Email them to Holly:
holly@morganhill.org
or submit them to
our online calendar on
www.morganhill.org
We will do our best to include
your event as space allows.
Only events by chamber
members will be published.
May 3rd 6pm-10pm
Cops & Robbers Ball
Morgan Hill Community &
Cultural Center Presented by the Community Law
Enforcement Foundation of Morgan
Hill, this event is a fundraiser to
help CLEF to raise money to en-
hance public safety in the Morgan
Hill community by providing funding
the MHPD beyond the city budget.
go to www.morganhillclef.org for
more info & tickets
Sunday, May 11th at 4pm
A Ruby Celebration
South Valley Symphony
Mission San Juan Bautista World Premier of As a Tree Grows…
composed by Robert Alexander
(Sobrato HS) to Celebrate SVS 40th
Anniversary. Favorite Operatic Arias
with internationally renowned Chris-
topher Bengochea (tenor) and San-
dra Rubalcava (soprano). Handel,
Music for the Royal Fireworks,
Tchaikovsky, 1812 Overture. Tick-
ets are $35 and can be purchased
at BookSmart in Morgan Hill.
Thursday, May 8th 6-7pm
Building the Home of
Your Dreams Construction Lending Seminar
Campbell Financial Center
1562 South Bascom, SJ Thinking about building a home
from the ground up? Planning a
remodel? We’re here to answer
your questions! Sponsored by Tech-
nology Credit Union. Reserve your
spot at: techcu.com/events
Friday, May 16th 11:30am-3pm
Free Document Shredding
Regent Wealth Management
1295 E Dunne Suite 200 Do you have sensitive documents
you need shredded? Bring them by
to Regent Wealth Management to
get them safely shredded for free!
Open to the public, so invite friends!
May 17th, 7am-4pm
Open House & Fly-In
Wings of History Museum
1277 Murphy Av, San Martin
Free museum tours, radio control
demos, aircraft, cars, tractors on
display. Free young Eagles Airplane
Rides provided by EAA (kids 8-17)
from 10-2. Free tethered hot air
balloons rides at 7am (weather
permitting). Register at
www.eaa62.org/ye-signujp.php
Saturday, May 17th 8am-10pm
Bulldog Fun Run
Sobrato High School 5K and 10K walk/run to support
student athletes at Sobrato High.
More info at Bulldogfunrun.com
Tuesday, May 20th 7pm
Parks & Rec Meeting
City Council Chambers The City of Morgan Hill will be con-
ducting an engagement process
with the community to discuss op-
portunities for future parks and
trails in and near downtown Morgan
Hill. The discussion on parks and
trails will include past engagement
and planning activities as well as
discussion on new ideas for
"activating" the downtown area.
Saturday, May 31st Noon-4pm
Historic Rhoades
House & Ranch Tour
2290 Cochrane Rd, MH Constructed from 1917-1920, the
Rhoades House and Ranch is a
Nationally Registered Landmark.
Join the Morgan Hill Historical Soci-
ety for an informative docent led
tour of the house with its collection
of antiques and a walk around this
beautiful property. Wine & Appetiz-
ers to follow the tour. $35 Advance
Purchase / $40 at Door Tickets
may be purchased at
BookSmart More info at
morganhillhistoricalsociety.com
“Good Morning Morgan Hill” Breakfast Sponsored by New American Funding
This month’s speaker is Julie Jackson Hosted at: the Morgan Hill Community Center
May 5th - Ladera Grill
May 12th - GVA Café
May 19th - Hang Ten Pizza & Pasta
Let’s Do Lunch—every Monday @ Noon A casual lunch where as many chamber members that wish to attend can get together for an informal meal together. Everyone orders as they arrive
June 2nd - China Palace
June 9th - The Hill Bar & Grill
June 16th - Chilli’s
Commuter Benefits for Bay Area
Bay Area employers must now comply with a pilot program that requires
employers with 50 or more full-time employees in the Bay Area to offer
commuter benefits to their employees.
The Bay Area Commuter Benefits Program requires employers subject to
the program to complete the following tasks by September 30, 2014:
Select a commuter benefit;
Register via the program website; and
Implement their program.
Employers may choose between four commuter benefit options to offer to
their employees:
Option 1: Pre-Tax Benefit. This option allows employees to exclude up
to $130 of their transit or vanpooling expenses each month from their taxable income;
Option 2: Employer-Provided Subsidy. This option provides a subsidy, up to $75 per month, to reduce or cover em-
ployees’ monthly transit or vanpool costs;
Option 3: Employer-Provided Transit. Under this option, employers would provide a free or low-cost transit ser-
vice, such as a bus, shuttle or vanpool service, for employees; and
Option 4: Alternative Commuter Benefit. Under this option, employers would provide an alternative commuter
benefit that is as effective in reducing single-occupancy commute trips as Options 1, 2 or 3.
Employers can visit the 511.org’s Bay Area Commuter Benefits Program webpage (commuterbenefits.511.org ) for
assistance. The 511.org website also offers answers to frequently asked questions and an “Employer Guide.” Both of
these documents discuss the applicability of the new program to cities, such as San Francisco and Berkeley, which
already have adopted local commuter benefit ordinances.
The Bay Area Air Quality Management District and the Metropolitan Transportation Commission approved the pilot
program. These regional agencies are responsible for air quality and transportation planning, respectively, for the
nine-county Bay Area, which includes San Francisco, Santa Clara, San Mateo, Marin, Sonoma, Napa, Solano, Con-
tra Costa and Alameda counties. (this piece was originally published on hrwatchdog.calchamber.com)
Anaerobe Systems is on the Cutting Edge
Mike Cox has a vision for a sustainable future. Along
with his company Anaerobe Systems, he is working on
cutting edge technologies which turn waste into fuel.
Using anaerobic bacteria, he turns agricultural waste
(such as the many grape skins left after wine pressing)
into fuel. The only byproduct? High quality compost.
Eventually, he hopes to power this system from the
waste heat from traditional power plants, making it
100% eco-friendly.
But that’s not all Mike is doing. He is experimenting
with sustainable small-scale agriculture techniques,
low-emissions wood-fired pizza ovens, and a host of
other incredible technologies. Keep an eye on this sci-
entist, because his ideas just might change the world.
The Morgan Hill Community Foundation (MHCF) is energized by the multiple examples of philanthropy and volunteer-
ism in our community. Projects are well underway and people are hard at work making Morgan Hill the place to be! We
are looking forward to celebrating those accomplishments at our annual philanthropy event on November 14, 2014. Save
the date and stay tuned for details about the nomination process and event specifics available in early fall.
Now in our 12th year, the MHCF prides itself on linking donors, resources, volunteers, and projects together to provide
unique ways to make a lasting difference. Since our inception, we have awarded approximately $450,000 through our
annual spring grant program and hard work of our partners: Edward Boss Prado Foundation, El Toro Culture & Arts
Committee, Friends of the Morgan Hill Senior Center, Kirk’s Kids, Leadership Morgan Hill, MH Dog Owners Group,
MH Historical Society, MH Senior Support Endowment Fund, MH Sister Cities and the Mizuho Exchange Program,
Project Roadmap, South Valley Athletic Foundation, and Teachers’ Aid Coalition.
Please join the MHCF and our partners as we participate in “Silicon Valley Gives” on May 6, an online day of giving
hosted by the Silicon Valley Community Foundation in honor of the 100th anniversary of community foundations. It pro-
vides a phenomenal opportunity for anyone at any level to be a philanthropist-for-a-day, and to make a real contribution
to the quality of life here in Morgan Hill. For more information, please visit http://svgives.razoo.com/story/Morgan-Hill-
Community-Foundation.
We also welcome the community to congratulate this year’s grant winners. For a full list and description of each organi-
zation, please visit www.morganhillcf.org. For general information about the MHCF, please contact
amy.whelan@morganhillcf.org
Discover coyote valley and enjoy agriculture, recreation and nature year-round. The 7,400 acre Coyote Valley is the last
remaining farmland of the legendary “Valley of the Heart’s Delight”. Today, the Coyote Valley, located between San
Jose and Morgan Hill, is a treasure ready for rediscovery. Discover Coyote Valley is part of a multi-partner collaboration
managed by SAGE (Sustainable Agriculture Education). Funding is provided by the CDFA Specialty Crops Block
Grant. Find out more at www.discovercoyotevalley.org
On May 10th there is a discovery event from 10am-4pm.
Activities will include:
Tulare Hill Ecological Preserve Hike from 9:30-11:30am and Noon-2pm
Grass Farm Tour from 10-11:30am
Coyote Open Space Preserve Wildflower Walk from 10:30am-2pm
Citizen Science Activity (more info on website soon)
Visitors can also visit farm stands and recreation areas that are regularly open for business. The May 10th event is a part
of a whole series of seasonal events, held monthly from spring through fall, that offer visitors the chance to explore the
area through various activities and attractions.
Page 8
Advertising Opportunity! If you would like to advertise in future copies of this
publication, please contact our office at:
(408) 779-9444 Business Card size advertising
One month $100.00
Three months $250.00
Six months $550.00
Twelve months $800.00
Loose Flyer Insert information
500 flyers, double sided, space available basis $150.00/issue
Page 9
Kevin P. Courtney
Attorney At Law Licensed before the U.S. Tax Court
Providing business, litigation and tax-related
legal services since 1977.
17415 Monterey Road, #204
Morgan Hill, CA 95037
(408) 779-5101
www.KPCLaw.com
New American Funding
On the Road Again
Gavilan College
Abacus Bookkeeping
Morgan Hill Times
Fortino Winery
Terry Moriyama—REMAX
Kiwanis
David Cohen —Executive
Communications
Cherrise’s Hair Salon
Realty World P2P
Guild Mortgage
New American Funding
Realty World People to People
Thinker Toys
Nationwide Insurance
Heritage Bank of Commerce
Affordable Solar Roofs
Union Bank
South Valley Symphony
Suzanne Barrett—Shakelee
Freedom Fest
Mushroom Mardi Gras
Edward Boss Prado Foundation
Do you attend Chamber Programs and Events?
Are you willing to take an hour a month to attend our meetings?
Would you like to have your business recognized each month?
Do you want to be involved in change?
Are you fun to be with? Do you look good in red?
WE WANT YOU! We are always looking for members
who would like to be an Ambassador.
If you answered yes to any of the above ques-tions, please talk to us about becoming a
Chamber Ambassador!
Contact Leonette Stafford, Ambassador Chair
408-396-4446 / Lstafford@rwp2p.com
Why I Love Friday Night Music by Holly Horner
The Friday Night Music Series has been a staple of the Mor-
gan Hill community for more than 20 years. I remember as a
child running gleefully around the dance floor with my best
friend, soaking in the music and the excitement. For me, Fri-
day Night Music was hands down the best part about living
in Morgan Hill. And in the years since, the series has only
improved. With a longer season, bigger crowds, a larger
space, and wine & beer sales I appreciate in my 20s more
than I did when I was six, it’s really a phenomenal produc-
tion.
And this year promises to be better than ever! With a highly
talented lineup and a few new tricks up our sleeves, we’re
very excited about this season, and expect over 10,000 atten-
dees over the course of the summer. We will be featuring a
different wine from our greater wine growing region every
week, curated by the Santa Clara Valley Wine Association. For the first time ever, the Morgan Hill Kiwanis will be
selling Hot Dogs & Chips, and the proceeds will benefit their philanthropic programs. Of course, if you’re looking for a
more substantial sit-down meal, we still recommend visiting our many nearby member restaurants.
Don’t forget, as a Chamber Member you are entitled to set up an informational booth free of charge at the event. Come
out, pop up a tent or a table and let people know what your business has to offer. Hand out coupons, menus or fliers and
get people interested in what you do. Our food truck members are also invited to bring by their wares. This is a truly
great way to reach out to hundreds of members of the community in a fun, relaxed, family-friendly environment.
And of course, no article about Friday Night Music would be complete without a Thank You. Thank you to the fantastic
bands whose music was the soundtrack of my childhood (looking at you, Usual Suspects!) and all those who come out to
get people to kick up their heels. Thank you to the sponsors who help finance the event. Thank you to all the great
Morgan Hill residents who come out to shake a tail feather. And of course, thank you to all the wonderful volunteers
who come out week after week after week to pull the whole thing off. I look forward to seeing you all this summer.
Page 11
Photo by Morgan Hill Life
Photo by Morgan Hill Life
Volunteer at Friday Night Music!
Help support an amazing community event by being a
volunteer at the Friday Night Music Series. Listen to
great music while you pour wine and beer! We need vol-
unteers to sign up early so that they can go through ABC
training to pour wine and beer. And who doesn’t want to
be a wine & beer pouring expert? We wouldn’t have this
amazing event without all the fantastic volunteers. Do
you want to lend a hand for this beloved event?
Contact the Chamber to volunteer
408-779-9444 or
info@morganhill.org
Page 12
Santa Clara County Farm Bureau 19th
Annual Golf Tournament
May is a busy month for the Morgan Hill Outdoor Sports Center. Starting on May 3rd and 4th with the Nor Cal U14-19
Boys State Cup then with San Jose FC College show Case on May 17th and 18th then wrapping up with Santa Clara
Sporting Girls Invitational on May 24th and 25th. The last tournament takes place over Memorial Day weekend and
will coincide with the Mushroom Mardi Gras.
The OSC hosts tournaments throughout the year. Anyone who would like to promote their business to the over
500,000 annual visitors to the OSC are encouraged to contact Jeff Dixon at jeff@mhysa.org or 408-778-3900. Adver-
tising packages include: Banners, Video Ads, Card Racks, Web Site Presence & Tournament Sponsorship.
Page 13
Tax Deferment with the 1031 Exchange
There is an old saying I quote frequently: “God giveth and Uncle Sam taketh away”. I find it to be very realistic and
humbling. The good news is, whether you agree with that sentiment or not, there are tax deferral methods available!
Among those is the 1031 exchange. A 1031 exchange, also called a “like-kind exchange” is a swap of one business or
investment asset for another. Similar to a 401(k), the investment can continue to grow tax-deferred without a limit on
how many times an exchange can be done.
A 1031 exchange can be tricky as it requires several steps to be done correctly. However, if done correctly you should
be able to defer upwards of 40 percent of the property sales price in tax liability. First the like-kind replacement property
can only be an investment or business property; the good news is that like-kind is a very broad meaning and can include,
for example, a swap of a ranch for an apartment building. Second, once the old property has been sold, there is a 45 day
window to provide a list of properties of interest to purchase with a total of 180 days to close on the new property.
Third, the cash received from the sale of the property goes directly to the Qualified Intermediary who will hold the cash
and will help with the purchase of the new property. In some instances, this Qualified Intermediary will be a title com-
pany. The Qualified Intermediary plays a critical role, preparing the legal documents that will link both properties in a
qualified exchange. Fourth, taking title of the new property, just as it was on the old property, is
also a requirement. And fifth, in order to defer 100 percent of the capital gains make sure two
requirements are met: the property must be of equal or higher value than the one sold and 100%
of all proceeds need to be reinvested.
There are some rewards to completing a successful 1031 exchange: among them more cash on
hand to invest. This increased purchasing power gives you the leverage to acquire a property of
higher value instead of selling a property, paying taxes, and then purchasing a new property. As
Jack Rose, Chief Strategist at Breakwater Equity Partners once said: “1031 exchanges are a great
wealth building tool”. In summary, a 1031 exchange can be a great tool to defer tax to the future
and can bring a benefit today to take advantage of the current real estate market. Completing
a successful 1031 exchange should be done under the guidance of an experienced professional
who is able to assess tax liabilities of a sale versus an exchange and be in alignment with your
investment goals.
This information is not intended to constitute legal, financial or tax advice and should not be
used in lieu of any professional’s advice.
This golf tournament will be held on Friday, May 16th at the San Juan Oaks Golf Club in
Hollister. The mission of the Santa Clara County Farm Bureau is to serve its members by
protecting, promoting, and preserving agriculture in Santa Clara County as a business and as
a way of life. Over the last 18 years, the Farm Bureau has provided almost $100k from their
golf tournament fundraiser to promote agriculture education through scholarships, financial
assistance for 4-H and FFA programs, support of the county fair, classroom curriculum, and
school gardens.
Come join them for a game of golf for a great cause. Enjoy the beauty of the wonderful San
Juan Oaks Golf Club picturesque landscape as you share in good times with your fellow
teammates. After your day on the course, relax and unwind in the clubhouse and gather for a
delicious gourmet BBQ dinner. Can't make it out to the course for a round of golf; come for dinner in the clubhouse ($50
per guest).
PRICES— $195 per player $780 per team $980 per team plus Green Sponsorship (Includes a round of cocktails)
FEES INCLUDE: Game of golf, golf cart, shirt, lunch on the course, dinner in the clubhouse, tee prizes & awards
This farmer friendly tournament is open to everyone. We encourage you to invite your customers, friends & family!
For more information please contact Stacy Mariani by calling (408) 776-1684 or e-mail smariani@sccfarmbureau.org
Santa Clara County Farm Bureau 19th
Annual Golf Tournament
Ahmed Hernandez
Broker Associate
Executive Estates
(408) 386-8936
New Members! Renewals!
Thank You!
Page 15
Whimzzie…
408-612-4415
Operation Freedom Paws
408-847-8518
Sherwin-Williams
408-779-2918
China Palace
408-779-0618
Bosphorus Grill
408-776-3400
Bookkeeping Express
408-465-7401
Educational Data Systems
408-776-7646
B&M Napa Auto Parts
408-779-2151
Community Solutions
Members 30 Years
Realty World People to People
Members 16 Years
Specialized Bicycle
Members 14 Years
CordeValle
Members 14 Years
Sycamore Creek Vineyards & Winery
Members 13 Years
All Safe Mini Storage
Members 13 Years
Filice Insurance Agency
Members 9 Years
JT Electric, Inc
Members 8 Years
Martin Ranch Winery
Members 7 Years
Association Management Services
Members 7 Years
Jewel Box Morgan Hill
Members 5 Years
Old Republic Title Company
Members 3 Years
Good Fork California Bistro Bar
Members 2 Years
Doctor Becky Kroll
Member 2 Years
Pavers by Design
Members 2 Years
Noah’s Bar & Bistro
Members 1 Year