COMMUNITY COMMENTARY -- Richard R. Luehrs
The tragic events of Sept. 11 will leave a scar on this nation for
generations to come. All Americans felt the loss of family and loved ones
in New York City, the Pentagon and in Pennsylvania that day. Though the
grieving continues, hundreds of millions of dollars have been contributed
to aid the families and the relief effort in their loss.
That loss is being felt here in Newport Beach in a very real way.
Already hanging precariously close to a recession even before the
attacks, the resultant slowdown in air travel has had a chilling impact
on the local Newport Beach economy. Hotels, restaurants and charter
operations have been especially hard hit with reports of more than 50%
declines in sales.
According to the Newport Beach Conference and Visitors Bureau, hotel
occupancy in the city is only at about 50%, as opposed to normal rates of
near 80%. The resultant drop in occupancy and sales taxes is sure to have
a dramatic effect on city revenues.
This current economic situation creates a challenge for both residents
and businesses in our city. We all need to work together to revive the
economic vitality of our great community while protecting its unique
lifestyle. We need to enhance our efforts now to help reduce job losses
and generate more tax revenue for needed city services.
One example of a way to help our sluggish local economic outlook would
be to dine out. In many cases, it is as cost effective to dine out as it
is at home, so do your part and support local restaurants.
Another way to support the local economy is to simply do your shopping
in town. Portions of the sales taxes generated in the community stay in
the community if you shop locally.
Yet another way to help our local economy is if you belong to an
organization, association or trade group, promote Newport Beach as a
viable and desirable place to have a meeting or conference.
The city should also continue its efforts toward annexing the Newport
Coast area to begin the stream of property taxes.
One last example of something that could be of economic benefit now
and for the future is the proposed development of an office tower by John
Wayne Airport. On Nov. 20, voters in Newport Beach will be asked to vote
on Measure G, which calls for a new 10-story office building that will
house many new businesses.
Those businesses will employ workers who will use services in the
airport area, generating sales tax and paying property tax to the city.
Additionally, this project will provide more than $3 million in regional
traffic improvements, which the city currently does not have, and will
help pay for a desperately needed new fire station to service the airport
area.
If we are to meet the economic challenges that lie ahead, the Newport
Harbor Area Chamber of Commerce asks the community to come together to
bring back our vibrant local economy.
By dining, shopping and promoting Newport Beach, we can give a needed
boost to the local economy. And, by voting “yes” on Measure G, we can
help stimulate our local economy and help the city of Newport Beach
continue to provide the services we all enjoy.
* RICHARD R. LUEHRS is the chief executive and president of the
Newport Harbor Area Chamber of Commerce.
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