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6 A PLAN FOR SAND CANYON

Retention Should Be a Priority

For years I have heard from CEOs how challenging it is to retain good, hardworking, and engaged employees.

When a top performer leaves, the CEO is often surprised: “How could they do this?”

The cost of turnover has been determined to be three or more times the salary of the departing individual. That does not include the “downtime” that the company will have to deal with while filling the vacancy, nor does it include the “ramp up” time that it will take an individual to learn about the job and the company, before the new hire starts contributing.

If employee retention is a priority for your company, it needs to be a priority for you. How much time do you spend on the issue determines if it is an actual priority or if it is just wishful thinking and idle chatter rolling around in your brain?

We always think people leave for more money. That may be a reason, especially in times of high inflation. My take is that people depart places when they are not treated with dignity and respect, don’t see a path to become better at what they do and not being able to make contributions to their employer, and, most important, don’t have a good feeling about the strength of the financial stability of their employer.

Let me share some thoughts you should be able to apply immediately should you decide to retain those that make a difference in your business.

The critical question is, “Who do I not want to leave?” We all know that not all employees contribute equally to business success.

A good start to the retention process is to make three lists.

The first is the list of those employees whose employment is critical to the current and ongoing success of your company. These are your “A” employees.

The second list is those that the company would prefer to keep, given a choice, but their loss would not be criti-

The cost of turnover has been determined to be three or more times the salary of the departing individual.

cal. These are your “B” employees.

The third list consists of all remaining employees; let me tag these employees “C” level.

In my observational research, “A” players have the work ethic and can put forth the results of three to five “C” team members. “B” rated employees can outperform “C” players two to one, maybe three to one.

Assessing your people and determining who goes on which list is a task owned by you. However, it is appropriate to ask for input from others but only in a generic sense; for example, “What kind of team member and contributor is Mike?” This will help you to gain perspective as you place names onto your lists.

Once you complete your lists, you need to schedule and hold a one on one with each “A” player. Why? You want to have a conversation with these top contributors before they walk in and tell you that they are leaving. Holding these meetings should be a priority for you.

What your top performing employees tell you needs to become your action list. Listen with an open mind and don’t push back. While you may not be able to take action on some of what you hear, you may be able to address irritating situations that may make the difference between someone staying or leaving.

As for those on the “B” list, you need to think about how much effort you will need to invest in each team member, to move them up to being an “A” player. In some cases, you might determine that the resources of time, education and training are not worth the return you will receive. On the other hand, you may be surprised as to what a “B” performer can morph into as you invest time and attention to make them stronger contributors. Companies succeed or fail on the quality and contributions of their employees, including the CEO. Retain the best and then do your best to improve — build — the rest. 

A Plan to Prevent Colorectal Cancer

olorectal cancer is a potentially deadly disease. But lifestyle changes can help you prevent it, and screening can detect it early, when it’s small and easier to treat.

Colorectal cancer is a leading cause of cancer death in the United States, according to the American Cancer Society (ACS). But there are steps you can take to help protect yourself.

Regular screening and healthy lifestyle choices can help prevent the disease altogether. If cancer does develop, screening can help detect it early, when it is much easier to treat effectively.

FIND IT EARLY

Most colorectal cancers start as abnormal growths, called polyps, on the lining of the intestines. These polyps can be removed before they develop into cancer. Many early colorectal cancers can also be treated successfully. According to the ACS, survival rates drop dramatically after cancer spreads to other parts of the body.

Screening is the best tool for finding polyps or colorectal cancer early. The ACS recommends that people at average risk for colorectal cancer start screening at age 45. Some effective options include:

„ Fecal occult blood test every year.

„ Stool DNA test every three years.

„ Colonoscopy every 10 years.

Your doctor can help you decide which screening program is right for you. If you have risk factors, such as a family or personal history of colorectal cancer, polyps or inflammatory bowel disease, your doctor may recommend you start screening earlier or be screened more often.

Your doctor can also help you decide when to stop screening. For people ages 76 to 85, the decision to screen for colorectal cancer should be an individual one. And people over age 85 don’t need screening at all.

PREVENTION IS BEST

You can take steps to lower your risk by making healthy lifestyle choices. The American Institute for Cancer Research recommends the following:

„ Limit intake of red meat, such as beef and lamb, to no more than 18 ounces (cooked

weight) a week.

„ Avoid processed meat, such as hot dogs, ham, bacon and sausage.

„ Know the risks of alcohol. Colorectal cancer has been linked to drinking alcohol.

„ Maintain a healthy weight.

„ Be physically active for at least a half hour a day.

DON’T IGNORE SYMPTOMS

Some colorectal cancer can’t be prevented,

but it can be treated. The ACS says to check with your doctor if you have:

„ Diarrhea, constipation or another change in bowel habits for more than a few days.

„ Cramping or steady stomach pain.

„ Blood in your stool or from your rectum. Having symptoms doesn’t necessarily mean you have cancer, but they should always be investigated. Getting them checked could ease your mind, or it could save your life. „

Sand Canyon Eyed for Plenty of Plans

DEVELOPING STORIES

In the coming months, we should definitely expect to see more housing plans in front of planning officials and leadership at Santa Clarita City Hall.

One of the biggest needs recently identified by the residents of Santa Clarita was more housing for seniors, and recently one of the plans discussed in front of the city’s Development Review Committee during the last week of February involved just that.

The name of the project being proposed was Belcaro of Sand Canyon, which is a similar concept to its namesake across the Santa Clarita Valley where Belcaro of Valencia was built.

The new version is being eyed for the southeast corner of Soledad Canyon Road and Oak Springs Drive in Santa Clarita.

The project plans listed on the city’s website call for a 193-acre property to be utilized for the construction of 359 single-family units for residents 55 and older.

The center would have a 3-acre recreation center, 2.6 miles of trails and an equestrian center, and a set-aside of about 55% of the property as open space.

The Sand Canyon community is one that’s been in the news over the last few months for a number of projects that have been put up or planned for the neighborhood.

An Orange County home builder branching out into the SCV is building the first phase

of Sand Canyon Plaza with land the developer closed escrow on less than two weeks ago, a spokeswoman for the project said in a recent interview.

Pelona Hills at Sand Canyon will be a multi-entity partnership with Intracorp and Resmark taking the lead on the first phase, which will include 119 detached singlefamily homes, Paige Nelson, a spokeswoman for Intracorp, said in a phone interview Thursday.

The address given for the development shows it as about a 1.5-mile drive north on Sand Canyon Road from Sand Canyon Country Club, not far from the Sand Canyon Ranch development, near the intersection of Soledad Canyon Road.

Sand Canyon Plaza originally was approved by the city in October 2017, set to include 580 residential units, 60,000 square feet of retail and restaurant space and an 85,000-square-foot assisted living facility with up to 140 beds.

The project has the same

developer as the one building up the former Smiser Mule Ranch as the Wiley Canyon Project, Tom Clark.

Officials who represent the Sand Canyon project have said in previous material that in addition to the views and freeway access, one of the project’s selling points is its walking-distance location from Oak Spring Canyon Park and the Sand Canyon Village Retail Center, which counts Sprouts Market, Starbucks and Jersey Mike’s among its growing list of tenants.

Also in the neighborhood of development, so to speak, is a big community discussion about what’s happening to the old Santa Clarita Elementary School site on Seco Canyon Road.

In October, according to a previous news story, residents of the district said that one of their main concerns was that the district would sell the land to a developer, and it would be turned into housing or another business that they said would have negative effects on an already impacted area. District officials have said that

is not their intent.

What will happen with that property once the school closes is the subject of what’s known as a 7-11 committee right now — because the committee has between seven and 11 members.

In terms of new businesses coming to the Santa Clarita Valley, there’s good news for coffee lovers.

Dutch Bros. is looking at the possibility of a second location in the city, after one was previously approved off Golden Valley Road.

While nothing has been built there for Dutch Bros, on Dec. 31, a plan was submitted for the parking lot shared by Black Bear Diner and Barnes & Noble, at 23630 Valencia Blvd.

The Signal obtained a copy of a one-stop submitted by the coffee shop, which does not lead to city permissions but rather assesses the feasibility of a plan.

Dutch Bros. is looking at the potential for a 950-squarefoot drive-through service window with two-lane queueing there. 

Belcaro, the developer that built the 55-plus housing community in Valencia, is eyeing a development in Sand Canyon. File Dan Watson

Partnering for Efficiency: How SCV Water Can Help Your Business Save Water

SCV Water is committed to supporting the business community in Santa Clarita by providing the resources and expertise needed to help businesses manage their water use efficiently. Recognizing that every business has unique water needs, the Agency offers tailored solutions that promote conservation without compromising business operations. Whether running a restaurant, a retail shop, a manufacturing plant or a public institution, businesses can rely on SCV Water as a partner in achieving sustainable water use.

The Agency serves a wide range of commercial, industrial, and institutional (CII) customers throughout the Santa Clarita Valley.

6 Commercial customers include businesses such as restaurants, bars, hotels, motels, and retail stores — each relying on water for daily operations, from food preparation to guest services.

6 Industrial customers, including factories, plants, and processing facilities, require water for manufacturing processes and cooling systems.

6 Institutional customers, such as schools, hospitals, places of worship, and government offices, use water for a variety of essential functions, from sanitation to landscaping.

Additionally, many CII customers in the Santa Clarita Valley maintain landscape irrigation, such as those in shopping centers or along parkways that border buildings, which adds another layer of water management needs.

SCV Water recognizes that conservation is not a one-size-fits-all approach,

that meet their specific needs. By providing tools and programs, SCV Water helps organizations better understand their water usage and identify areas for improvement. Through partnership and collaboration, the Agency facilitates the implementation of water use efficiency practices that not only lower costs but also contribute to the sustainability and long-term health of the community’s water supply. With a history dating back to the early 1900s, SCV Water remains the valley’s trusted resource for achieving water conservation goals.

The Most Effective Water-Saving Actions

Everyone has an important role in stewarding our precious resource. Commercial, industrial and institutional customers can and should:

6 Focus on water efficiency. Aim for

6 Find and fix leaks. Small leaks and drips can really add up, especially if they aren’t fixed right away, but regular inspection can help minimize and even prevent them.

6 Educate and involve employees in water efficiency efforts. Educating others to be part of the solution benefits both the business and the broader community by fostering a culture of sustainability, promoting teamwork, and contributing to longterm cost savings.

When employees understand the importance of water conservation and actively participate in water use efficiency efforts, they become more mindful of their daily water usage and can identify opportunities for improvement.

See CHAMPION, page 17

SCV Water’s Water Champion Program focuses on supporting businesses within the SCV Water service area by providing them with the programs and resources to use water efficiently.

Strengthening Our Economy Through Global Partnerships: Canadian Trade Mission Visits Santa Clarita

he Santa Clarita Valley Economic Development Corporation (SCVEDC) was honored to host the 2025 Canadian Energy Storage Roadshow, bringing together industry leaders, innovators, and policymakers to discuss the future of energy solutions. This event, made possible through collaboration with the Consulate General of Canada in Los Angeles, showcased how foreign direct investment (FDI) and international partnerships fuel economic growth, create jobs, and strengthen our local economy.

FDI is a powerful driver of economic growth, bringing new businesses, jobs, and opportunities to communities like ours in the Santa Clarita Valley. As part of our ongoing efforts to attract businesses and foster economic development, SCVEDC held a trade mission designed to strengthen international business relationships and promote investment in our region.

The trade mission focused on engaging with key industry leaders, fostering partnerships, and showcasing the many advantages of doing business in the Santa Clarita Valley. We were thrilled to welcome some of Canada’s top energy storage and technology companies to Santa Clarita Valley:

„ AlumaPower Corporation, BluWave-ai, CORE Renewable Energy Inc., e-Zinc, Electrovaya, EVLO Energy Storage, Hygge Energy, Invinity Energy Systems, Moment Energy

These companies are at the forefront of developing sustainable solutions for battery storage, grid resilience, and renewable energy integration, which are fundamental to achieving a more energy-secure future. By partnering with international firms seeking to enter the U.S. market, we aim to draw in high-quality investments that will benefit local businesses, create high-paying jobs, and enhance the overall prosperity of our community.

Why is foreign direct investment vital to our region? FDI not only diversifies our local economy but also bolsters our industries by introducing capital, technology, and expertise. By enticing businesses from across the globe, we

foster innovation, boost competitiveness, and strengthen resilience within an ever-changing global market. These initiatives help ensure

that the Santa Clarita Valley continues to thrive as an economic center, providing opportunities
See SCVEDC, page 19

Water conservation is crucial in the Santa Clarita Valley due to its arid climate and periodic droughts. Here are some effective ways to save water:

Indoor Water Conservation

Fix Leaks Repair dripping faucets, running toilets, and leaky pipes.

Upgrade Fixtures Install low-flow showerheads, faucets, and toilets.

Shorten Showers Keep showers under 5 minutes.

Turn Off the Tap Don’t let water run while brushing teeth or washing dishes.

Run Full Loads Only run dishwashers and washing machines when full.

Use Water-Efficient Appliances Choose ENERGY STAR-rated dishwashers and washing machines.

Recycle Water Use leftover water from

cooking or rinsing fruits/vegetables to water plants.

Outdoor Water Conservation

Water at the Right Time Water early in the morning or late at night to minimize evaporation.

Use Drip Irrigation Install drip systems or soaker hoses for efficient watering.

Choose Drought-Tolerant Plants Use native and low-water-use landscaping (xeriscaping).

Mulch Garden Beds Mulch helps retain

Water Conservation in the Santa Clarita Valley Care

soil moisture and reduces evaporation. Adjust Sprinklers Avoid watering sidewalks and driveways.

Limit Lawn Watering Reduce lawn watering to 2-3 days per week, or replace grass with artificial turf or drought-tolerant ground cover.

Collect Rainwater Use rain barrels to capture runoff for irrigation.

Community & Household Habits

Check Local Water Restrictions Follow SCV Water Agency guidelines for watering days and restrictions.

Use a Car Wash Opt for commercial car washes that recycle water instead of washing at home.

Pool Covering Use a pool cover to reduce evaporation and the need for refilling.

Educate & Involve Family Encourage water-saving habits at home and spread awareness. 

Join an SCV Chamber Business Council

Where The Action Happens

If you’re looking to make a meaningful impact on the future of business in the Santa Clarita Valley, the Santa Clarita Valley Chamber of Commerce offers an exceptional opportunity to get involved and contribute directly to the growth and success of local businesses. Our councils play a vital role in shaping programming, education, and connections that benefit businesses across all sectors, and we need your help to continue driving these efforts forward.

Joining one of our business councils not only allows you to be part of the conversation but also positions you as a leader in the community. You’ll have the chance to help shape impactful initiatives, network with key industry professionals, and make lasting connections that foster collaboration and growth.

The Councils:

Small Business Council: Serving businesses with 50 employees or fewer, this council focuses on providing small business owners with the tools they need to thrive. From workshops to valuable connections, the Small Business Council is designed to help local entrepreneurs grow their businesses sustainably.

Latino Business Alliance: Focused on advancing Latino-owned businesses, this council provides mentorship, resources, and networking opportunities to support the unique needs of the Latino business community. It’s a powerful platform for fostering representation and expanding economic opportunities.

Black Business Council: This council is dedicated to empowering Black business owners with resources, connections, and advocacy. By joining, you’ll help amplify the voices and initiatives that promote Black entrepreneurship and create pathways to success.

Asian Pacific Islander (API) Council: Aiming to uplift API businesses, this council offers leadership training, networking opportunities, and valuable resources to help business owners navigate challenges and drive success in the API community.

Non-Profit Council: With over 100 non-profit organizations in the region, this council fosters collaboration between non-profits and businesses, ensuring that these organizations have the support they need to make a meaningful impact on the community.

Ambassador Committee: This unique committee plays an essential role in welcoming new members, promoting Chamber events, and supporting member engagement. Ambassadors are often the first point of contact for new businesses and provide a bridge to connecting them to the resources, opportunities, and support they need. It’s a great opportunity to get involved while actively promoting the Chamber’s mission and values.

Chamber Involvement

Get Engaged

Joining one of our councils isn’t just about attending meetings— it’s about actively shaping the future of our community and businesses. When you join, you become an influential voice in creating programs and initiatives that have a lasting, positive impact on the Santa Clarita Valley’s economic growth and success. As a member of a council, you will:

Make a Real Difference

By participating in one of our councils, you’ll help design and implement impactful programs that directly address the evolving needs of local businesses. Whether it’s advocating for policies that benefit your industry or brainstorming innovative ways to solve pressing business challenges, your contributions will play an essential role in creating solutions that move our business community forward.

Expand Your Network

Involvement in a council gives you direct access to a diverse and influential network of industry leaders, professionals, and entrepreneurs. Whether you’re looking to connect with potential business partners, discover new opportunities, or gain insights from other leaders in your field, being part of a council allows you to expand your influence and foster relationships that can open doors to new collaborations and opportunities. The connections you make today could lead to the partnerships and business growth you’ve been waiting for.

Enhance Your Leadership Skills

This is your chance to grow as a leader and make an impact. Serving on a council isn’t just about taking on a title—it’s about actively contributing to the direction of important business initiatives and learning how to guide others toward success. You’ll hone skills like strategic thinking, problem-solving, and teamwork—all while making a difference. Whether you’re new to leadership or looking to expand your experience, serving on a council provides valuable hands-on opportunities that will strengthen your leadership capabilities in ways you won’t find anywhere else.

Create a Lasting Impact

The work done on our councils has far-reaching effects on the business community—now and in the future. By getting involved, you’re not just solving today’s problems; you’re laying the groundwork for long-term success. The policies, connections, and programs that you help to build will shape the growth and sustainability of local businesses for years to come. Your efforts will create a ripple effect, improving the overall business ecosystem in Santa Clarita Valley and ensuring it continues to thrive.

Joining a council is a chance to be part of something bigger than yourself, to contribute to the success of others, and to leave a lasting legacy in the region.

Get Connected

Ready to make an impact? To express your interest in joining one of our councils, email hello@scvchamber.com.

Join us and actively shape the future of Santa Clarita Valley’s business community. Together, we’ll create stronger connections and new opportunities for growth.

For more details, visit our www.scvchamber.com and click on the Councils tab.

Be the change that drives business forward!

EVENTS

We invite you to join us for an exciting and dynamic evening at our March Business After Hours Mixer at Mercedes Benz of Valencia! This is more than just a networking event—it’s an opportunity to engage with fellow business owners, leaders, and community members in a relaxed and welcoming setting. By participating, you’ll not only expand your professional network, but you’ll also help strengthen the local business community and drive collaboration that leads to success for all. Our chamber thrives because of active, involved members like you, and your presence at this event is a chance to contribute to that collective growth. Share ideas, discuss challenges, and explore new opportunities to grow your business while building lasting relationships. This is an evening of community, connection, and involvement—essential ingredients for a prosperous future. Don’t miss the chance to be part of something bigger and make an impact in the business community. We can’t wait to see you there!

To view our full calendar and event details go to www.SCVChamber.com or scan the QR Code to the right.

VOICE(S) OF BUSINESS PODCAST

Episode 14 of The Voice(s) of Business is now live! Be sure to subscribe or follow so you never miss an episode. Share the podcast with a friend or colleague and help us expand the conversation— together, we can bring even more voices to the table.

Celebrating SCV Businesses

2025 Awards + Installation

We recently held our 102nd Awards + Installation, where we proudly installed our new Board of Directors and welcomed our new Chair of the Board. We’re thrilled to have Di Thompson at the helm, leading the Chamber into an exciting new chapter. With her vision and leadership, we look forward to strengthening our community and driving impactful growth in the coming year. We’re excited to work alongside our new Board as we continue to serve and support our vibrant business community!

Lessons in Leadership from Parenting

OThe Early Stages:

ne of the greatest joys of parenthood is watching children grow, develop, and ultimately become independent adults who no longer rely on their parents for constant guidance. In much the same way, a well-functioning workplace sees employees grow from needing close supervision to becoming autonomous, self-reliant professionals. This parallel between parenting and leadership in business is an insightful way to understand the natural progression of development, trust, and independence.

Parents of young children quickly learn that their presence is required in nearly every aspect of their child’s life. From making sure they eat properly to teaching them how to read, ride a bike and navigate social situations, parents provide hands-on support to ensure their children grow into well-rounded individuals.

Similarly, when an employee starts a new job or takes on a new role, they often require significant oversight. Managers provide training, establish expectations and correct mistakes, much like parents guiding a child through their formative years.

In both parenting and employee development, the early stages are marked by a heavy

reliance on direction and mentorship.

Employees, much like children, look to those in authority for reassurance, feedback, and clear instructions. At this stage, a strong foundation is critical — whether it’s a parent instilling values and life skills in a child or a manager fostering a culture of accountability and excellence in a new employee.

The Transition Phase:

As children enter adolescence, they begin to develop a stronger sense of identity and independence. They may still need guidance, but they also start making decisions on their own — sometimes making mistakes along the way. Parents gradually loosen their grip, allowing their children to experience life while providing support from a distance.

Likewise, in the workplace, employees who have spent time learning the ropes start to gain confidence and take ownership of their tasks. They no longer require constant supervision and begin to problem-solve independently. A good manager, like a good parent, recognizes this shift and adjusts their leadership style accordingly. Micromanaging at this stage can be counterproductive, just as overprotecting a teenager can hinder their ability to develop critical life skills.

Instead, providing guidance when needed and allowing room for mistakes fosters growth and resilience.

Self-Sufficiency and Mastery:

Eventually, children become fully independent adults. They move out, pursue careers, start families, and make decisions without requiring their parents’ approval at every turn. While they may still seek advice occasionally, they function as self-reliant individuals who contribute to society in meaningful ways.

Similarly, a strong, welldeveloped employee becomes an asset to an organization by working independently, making informed decisions, and even mentoring newer employees. These employees require less supervision, allowing leaders to focus on strategic initiatives rather than daily operations. At this stage, the relationship between manager and employee evolves into one of mutual trust and respect, much like the relationship between a grown child and their parent.

Fostering Independence:

Just as good parenting requires knowing when to step in and when to step back, strong leadership involves recognizing when employees

©ADOBE STOCK

Information, Links for Those Impacted by Fires

Los Angeles County begins to rebuild and recover from the recent devastation of the wildfires, the L.A. County Assessor’s Office shared a few important reminders aimed at making sure residents who were impacted can receive their eligible benefits as quickly as possible.

If your property was damaged or destroyed in the January wildfires, the Assessor’s Office wants to help you get the property tax relief you’re entitled to. However, to ensure a smooth process, it’s important that our records correctly show who owns the property.

The information below also can help you find out your eligibility for a debris-removal program, which can be particularly helpful if you’re in a fire-impacted area.

Why does this matter? Sometimes, our records don’t reflect the actual owner because a property was inherited but never officially reported to us.

This happens when a property owner passes away, and

their heirs don’t notify the Assessor’s Office of the transfer. If this information isn’t updated, it can lead to unexpected tax issues, including back taxes for multiple years if we later discover the change in ownership.

What should you do?

If you inherited a property but never reported the transfer, we encourage you to check our records and submit the necessary forms to avoid surprises. The required form is the Change in Ownership Statement/Death of Real Property Owner, available here: https://bit.ly/4hl30St. Special Circumstances

That Could Help You: Certain transfers from a parent to a child may qualify for tax relief under:

Proposition 58 (for transfers before February 15, 2021):

If you inherited property from a parent before this date, you may qualify to keep the existing tax assessment. Learn more here. https://bit. ly/3XoJ1e9

Proposition 19 (for transfers on or after February 15, 2021):

If you inherited a home and now live in it, you may qualify for tax relief. Learn more here: https://bit.ly/3DeYve0.

By ensuring our records are up to date, you can avoid unexpected tax bills and make

sure you receive the relief available to you.

If you’re unsure about your property’s ownership status, we recommend checking with the Assessor’s Office as soon as possible.

Other Impacts

As impacted property owners begin the debris removal process, residents have the option to participate in the government-run program or manage the cleanup independently by opting out.

Residents affected by the wildfires have two choices for managing debris removal from their property. For those who choose to opt-in to the government-run debris removal program, property owners will need to complete the Los Angeles County Public Works Right-of-Entry Form which verifies ownership of the property.

The county’s website expresses officials’ dedication “to restoring our communities swiftly and safely after the recent wildfires. The debris removal process is divided into two main phases, each managed by different agencies. Residents have the op-

tion to participate in the government-run program or manage the cleanup independently by opting out.

Property owners can learn more about the debris removal process at the LA County Recovers website here: https://bit.ly/4km5FxK.

More information, including a full checklist of required documents, about the LA County Public Works Right of Entry Form can be found here: https://bit.ly/41pEGsq.

The deadline to opt into the government sponsored debris-removal program is March 31.

Los Angeles County Assessor Jeff Prang has been in office since 2014. Upon taking office, Prang implemented sweeping reforms to ensure that the strictest ethical guidelines rooted in fairness, accuracy and integrity would be adhered to in his office, which is the largest office of its kind in the nation with about 1,400 employees. It also provides the foundation for a property tax system that generates about $20 billion for public services annually. 

The Hughes fire erupted northeast of Castaic Lake and quickly burned southwest, prompting evacuations in castaic lake. HABEBA MOSTAFA/THE SIGNAL

Realtors Tout Growth of Inventory in January

SOUTHLAND REGIONAL ASSOCIATION OF REATLORS

For the SCV Business Journal

The number of active listings of homes and condominiums on the real estate market in the Santa Clarita Valley during January posted the largest numbers in multiple years while resale prices sustained their upward climb, the Southland Regional Association of Realtors reported with its recent data.

There were a number of factors that impacted sales, according to the local experts, who remain ever optimistic about the potential around the corner.

The regional Realtors’ group has the largest active listing database, and has reported consistent growth in the local market over the last few months.

The association reported a total of 413 active single-family home listings, an increase of 36.3% over a year ago and the highest total for the month of January since 2020.

Similarly, condominium active listings surged to 182, up 71.7% over the 106 condo listings reported in January 2024.

The market growth has taken place despite a number of challenges that have persisted over several weeks, wind storms and wildfires that have made sales conditions quite difficult for many at times.

The situation also has created uncertainty for many as insurance

This year’s condo tally also was the highest for the month since 2020. “Interest rates have been trending upward since October,” said Anthony Bedgood, the 2025 President of the 11,000-member Southland Regional Association of Realtors. “Inclement weather throughout the nation, the likelihood of a revised housing policy from the new administration in D.C., and heartbreaking disasters here in our backyard, make for uncertain times.

But hope for the Santa Clarita Valley market springs eternal, according to leaders, with optimism for next season as the weather changes too.

“With that uncertainty in mind,” Bedgood said, “interest rates on home loans are likely to stay elevated at least until

the spring homebuying season kicks off in late March and April.” Local Realtors assisted a total of 104 single-family home closed escrows during January.

That was up 14.3% from a year ago and the best January total in three years. Condominium closed escrows totaled 40, which was •unchanged from January 2024. The median price — meaning half the sales were higher priced and half lower priced — of homes that closed escrow was $825,000.

That was identical to the January 2024 median although median prices on a month-tomonth basis have been trending higher. The record high $910,000 median was reported in March of last year.

Income-toLoan Guide

In terms of how much money a homeowner needs for loan qualification, the income needed for a median priced home in the SCV increased less than 1% compared to a year ago.

The median price was unchanged at $825,000, but the national average interest rate was up slightly to 6.77% from the January 2023 rate of 6.69%.

While still below the record high of $645,000, January’s median price of the condominiums that changed owners was up from a year ago. That triggered a 9% increase in the income needed to qualify for an 80% loan on a condo in Santa Clarita. The national average interest rate on residential loans last month also was higher at 6.77%.

Questions about the interest rate and the availability of money continue to play a role in the conversation, as the Fed signaled a change of pace in January.

The prices for condos also showed year-over-year gains based on the SRAR’s data. COURTESY SRAR

The Fed kept the fed funds rate steady at the 4.25% to 4.5% range last month, pausing its rate-cutting cycle after three consecutive reductions in 2024. The Fed’s decision was in line with expectations from market experts.

Chartered by the National Association of Realtors in 1920, the SRAR is the voice for real estate in San Fernando and Santa Clarita valleys. With nearly 11,000 members, SRAR serves as a trusted resource and partner to the real estate profession and the community at large. 

CHAMPION

Continued from page 7

Additionally, involving employees in these initiatives can foster innovative solutions, enhance operational efficiency, and strengthen commitment to environmental responsibility—benefiting both the business and the broader Santa Clarita community.

Visit SCV Water’s Conservation Resources page (yourSCVwater.com/ conservation-resources) for additional water-saving tips, other resources, and irrigation help to learn how to properly manage your irrigation system.

Become

a Water Champion

SCV “Wa-ter Cham-pi-on” (noun). Someone who enthusiastically supports or defends using water efficiently now so that we have a reliable supply for generations to come; an advocate.

SCV Water’s Water Champion Program focuses on supporting businesses within the SCV Water service area by providing them with the programs and resources to use water efficiently. They also recognize the benefits and value water provides to the community and they are taking steps to reduce water inefficiency and waste.

This Program is a great starting point if you’re just beginning to prioritize water efficiency in your business. And if you’ve already made it a priority, there are rebate programs and incentives that can be customized to meet your specific needs. Read on to learn more about how SCV Water can help your business save water. Learn more about becoming a Water Champion, visit yourSCVwater.com/ water-champions.

Step 1: Get a Free Review of Your Business’ Water Use

Water savings opportunities are everywhere, including where you learn or work! SCV Water offers several free services to CII customers that review overall water use efficiency and provides recommendations, water saving information, and assistance with rebate programs as needed.

Read on to choose the free survey(s) that may be right for your business: Free CII Survey

If you’re just starting to prioritize water use efficiency in your business then

you’ll want to sign up for a free Commercial, Industrial and Institutional Survey. Offered to all CII customers, this survey is conducted by WaterWise Consulting, Inc.* A trained professional will visit your business to check for leaks, install water-saving devices (such as aerators), and share conservation information with you. This free survey can help your business discover water-saving opportunities to help you prioritize and plan for smart water use efficiency investments.

Combine this new water use information to make smarter, water-efficient choices for your business and reduce costs on your next bill! Call WaterWise at 888-987-9473 to schedule your free tune-up.

Program: CII Survey

• Eligible Customers: All CII

• Level of Effort/Financial: Low Free Water Efficiency Works Program

If you’re ready to invest in increasing your water efficiency, SCV Water’s Water Efficiency Works Program is for you. The Program is a comprehensive suite of measures that includes a commercial facility survey, as well as rebates and incentive information for indoor plumbing devices and fixtures, such as high-efficiency toilets and urinals, and

select irrigation upgrades. Call WaterWise Consulting, Inc.* at 888-987-9473 to schedule your free commercial facility survey.

• Program: Water Efficiency Works

• Eligible Customers: All CII

• Level of Effort/Financial Investment: Low

Free Landscape Irrigation Survey

Geared towards our CII customers with large landscaped areas or Homeowners’ Association common areas, SCV Water’s free Landscape Irrigation Survey will complete a comprehensive irrigation inspection, which includes a report identifying potential water conservation measures, rebate program information as well as additional tips and tools to help your business achieve its desired water savings goals. Conducted by WaterWise Consulting, Inc.*, this free survey can help you potentially save approximately 7,000 gallons per 1,000 square feet of landscaped area. Call WaterWise at 888987-9473 to schedule your free landscape irrigation survey.

• Program: Water Efficiency Works

• Eligible Customers: CII with Large Landscaped areas or Homeowners’ Association Common Areas

WATER, page 21

SCLC Releases Study on Economic Impact of Fires

FOR THE SCV BUSINESS JOURNAL

The Southern California Leadership Council (SCLC) and the Los Angeles County Economic Development Corp., or LAEDC, released a new study detailing the extensive economic and fiscal impacts of the 2025 Los Angeles wildfires. Commissioned by SCLC and conducted by LAEDC’s Institute for Applied Economics, the report provides the first comprehensive analysis of the destruction and economic impacts caused by the Palisades Fire and Eaton Fire, as well as data-driven recommendations to guide recovery and resilience efforts.

According to the study, the wildfires caused between $28 billion and $53.8 billion in property damages, with business disruptions projected to result in economic losses of up to $8.9 billion in Los Angeles County alone over the next five years (2025-2029). The report also estimates that the fires could lead to up to 49,110 job-years lost and reductions in labor income of up to $3.7 billion, while federal, state, and local governments could experience tax revenue losses ranging from $730 million to $1.4 billion.

“This report highlights the staggering economic and personal toll of these

wildfires and underscores the urgency of investing in wildfire prevention and recovery strategies,” said Former California Governor Gray Davis, Co-Chair of the Southern California Leadership Council.

“The economic losses extend far beyond the fire zones, affecting businesses, workers, and communities throughout the region. We must act now to build resilience and ensure that Southern California is better prepared for future disasters.”

The study analyzed the fires’ impact on key industries, with retail trade, health care, professional services, construction, and educational services among the hardest hit. Disruptions to supply chains and workforce displacement could fur-

ther compound the region’s economic challenges.

“This study is a wake-up call,” said Mike Roos, president of SCLC. “Beyond the immediate destruction, these wildfires pose a long-term threat to our region’s economic stability. Recovery must focus not just on rebuilding but on strengthening resilience—supporting businesses, workers, and communities in ways that reduce the impact of future disasters.”

“An important finding of the study is that the impact of the fires will grow with the length of the recovery period,” said Stephen Cheung, president and CEO of LAEDC. “For example, in our bestcase scenario when recovery is achieved by 2029, the report estimates job losses of 24,990 job years, but if it takes until 2034, job losses will nearly double to 49,110 job years.”

The report, commissioned by SCLC and conducted by the Los Angeles County Economic Development Corporation (LAEDC) Institute for Applied Economics, provides the first comprehensive analysis of the destruction and economic losses from the Palisades Fire and Eaton Fire. It also includes data-driven recommendations to accelerate recovery and build long-term wildfire resilience. 

*Source: Daum Commercial Real Estate

employment data for January is not available until March 14, due to the annual benchmarking process on labor data.

SCVEDC

Continued from page 8

for both businesses and residents. SCVEDC is committed to maintaining the high quality of life that makes Santa Clarita such an attractive place to live and work. Through proactive business attraction strategies and global engagement, we continue to foster an environment where companies can grow and succeed. Trade missions are a key part of that strategy, reinforcing our dedication to economic growth and long-term prosperity.

BUTLER

Continued from page 14 are ready for greater autonomy. Effective leaders cultivate a work environment where employees are encouraged to take initiative, solve problems, and grow within their roles. They create opportunities for learning, provide constructive

International engagement, such as hosting the Canadian Energy Storage Roadshow, is a prime example of how we work to connect global innovation with local opportunity. We extend our sincere gratitude to Blair Bobyk, Maricela Macias, and the Consulate General of Canada in Los Angeles for their leadership in making this event a success.

Stay tuned for updates on our trade missions as we work to bring new opportunities to the Santa Clarita Valley. If you’re a business looking to invest in

feedback, and acknowledge achievements. When employees feel supported rather than micromanaged, they are more likely to thrive.

Growth and Letting Go:

The parallels between raising children and developing employees illustrate a universal truth: Growth requires both

Santa Clarita Valley, connect with us today to learn how we can support your growth! Take advantage of our expertise and resources to make your business thrive in this dynamic and businessfriendly region. Visit SCVEDC.org for more information, or email our business assistance team directly to see how we can assist:

Ondré Seltzer – President & CEO (OndreSeltzer@scvedc.org)

Natalie Vowell – VP, Business Development (NatalieVowell@scvedc.org) 

guidance and space. Just as parents gradually release their children into the world, managers must allow employees the opportunity to prove their capabilities. Independence is not a sign that guidance was unnecessary — it is proof that it was effective. I do, however, wish our kids

called more often though, and I do miss helping them.

Paul Butler is a Santa Clarita resident and a client partner with Newleaf Training and Development of Valencia (newleaftd.com). For questions or comments, email Butler at paul.butler@newleaftd.com. 

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WATER

Continued from page 17

• Level of Effort/Financial Investment: Low

School Retrofit Program

Focused on improving water efficiency within our local school districts and on individual school campuses, our School Retrofit Program looks for ways to improve the efficiency of indoor and outdoor water use and may help uncover additional water-saving opportunities.

The free check-up looks at indoor equipment and fixtures as well as outdoor water use, reviews historical water usage, and calculates a water budget with recommendations for water-saving improvements. The recommendations may come with a grant of up to $15,000 (or higher with the approval from SCV Water) to support the implementation of the most cost-effective solutions.

• Program: Water Efficiency Works

• Eligible Customers: School Districts and Individual School Sites

• Level of Investment: Medium to High

Step 2: Level Up Your Business with SCV Water Rebate Opportunities

Now that you’ve decided to make water efficiency a priority for your business, level up your game with SCV Water’s rebates and incentives! Our rebates focus on outdoor water use since most of the water is used outdoors – and up to half of that is wasted.

Irrigation Control: Smart Irrigation Controllers

A great place to start is with a smart irrigation controller to better manage your landscape irrigation. Smart controllers work with your existing irrigation system and adjust watering times based on your plants’ needs, landscape conditions, and real-time weather. With the smartphone compatibility feature, you can easily set up and adjust your irrigation controller from your phone, allowing you to manage your watering schedule from anywhere.

• Smart Irrigation Controller Rebate: $25 per active station (valve), up to the cost of the device

• Level of Effort/Financial Investment: Low

Irrigation Efficiency: Healthy and Efficiency Landscapes Program (HELP)

Increase your irrigation efficiency by upgrading the type of irrigation used to water your landscapes. Decide which option is best for your needs: Option 1, Option 2 … or a combination of both! Often, landscapes have more than one type of irrigation zone (a group of sprinklers connected to one valve). Zones are used to meet watering needs and minimize water waste.

Option 1 – Drip Irrigation Conversion

Converting traditional spray irrigation to drip irrigation will put water where it’s most needed – directly on shrubs, flowers and other non-turf applications. Drip irrigation uses a network of tubes or pipes and generally applies water at the same rate as the soil can accept it, eliminating runoff. A pressure regulator may be required for your irrigation system to keep the water pressure low. Drip is considered the ultimate in water use efficiency.

• Drip Irrigation Conversion Rebate: $0.75/square foot of irrigation converted to drip

• Level of Effort/Financial Investment: Medium

Option 2 – High Efficiency

(HE) Nozzles and Pressure Regulation

Replacing old spray sprinklers with high-efficiency (HE) nozzles is another way to increase irrigation efficiency. HE nozzles typically put out less than 1” of water per hour when watering. This allows the water to soak into the landscape where it’s most needed, instead of becoming runoff. Adding pressure regulation to your irrigation system is essential for maintaining its health and longevity by helping optimize performance and extend the system’s lifespan.

• High Efficiency Nozzles Rebate: up to $12 each to replace old spray sprinklers with high-efficiency (HE) nozzles

• Pressure Regulation Rebates:

• Up to 75% of the purchase price for master pressure regulation

• Up to 75% of the purchase price

for pressure regulating valves

• $10 per pressure regulating body with a check valve

• $10 per add-on check valves

• Level of Effort/Financial Investment: Medium

Pro tip: Pair your newly renovated irrigation system with the irrigation best practice of “Cycle and Soak” and you’ve got yourself a winning combination.

Turf Replacement

SCV Water also offers turf removal rebates for large landscaped areas such as corporate campuses, business parks, shopping centers, school campuses and common areas of Homeowners’ Associations. The Lawn Replacement Program focuses on replacing grass with waterwise landscaping that thrives in our SCV climate.

• SCV Water Lawn Replacement Rebate: Starting at $3 per square foot incentives for converting from grass to water-efficient landscaping (plus mix, match and stack additional incentives to enhance your project)

• Level of Effort/Financial Investment: High

There are plenty of tools and resources to help you create a beautiful watersaving landscape from start to finish. To learn more about our CII rebate offerings, visit: bit.ly/SCVBusinessRebates

SCV Water is Ready to Assist Your Business

In the SCV, our business community is vibrant and active and essential to the quality of life we all enjoy here in the Valley. As businesses take steps to reduce water waste and increase efficiency, SCV Water is your dedicated partner to help tailor solutions to support conservation efforts and ensure businesses of all types can work toward achieving sustainable water use.

*WaterWise is a conservation consultant contracted through SCV Water, and they are professional representatives trained in water use efficiency. 

Deadline Extended for Small Business, Worker Relief Funds

FOR THE SCV BUSINESS JOURNAL

If you own a small business or nonprofit — or worked at a business impacted by the recent wind and wildfire disaster — don’t miss your chance to apply for the LA Region Small Business and Worker Relief Funds before the deadline on Wednesday, March 12.

„ Small Business Relief Fund: Offers cash assistance grants up to $25,000 for small businesses and nonprofits that suffered structural damage, equipment or inventory loss, or revenue loss due to the disaster.

„ Worker Relief Fund: Provides cash assistance grants up to $2,000 for workers who lost employment or income because of the disaster.

The LA Region Small Business and

Worker Relief Funds celebrated an additional $14.5 million in funding awarded this week from California Governor Newsom, LA Rises, and Fire Aid. With this new funding, LA County and City are keeping applications open through 5 p.m. March 12

Those who apply by March 12 will be reviewed with the total applicant pool for Phase 2 awards. These will be dispersed in early April.

Technical assistance continues to be available in person, virtually, and at the Disaster Recovery Centers. Visit laregionfund.lacounty.gov to apply and access support in multiple languages. All impacted survivors are encouraged to apply.

Contributions for the LA Region Small Business and Worker Relief Funds remain

open. To donate, please visit lacounty. gov/relief/ and select “worker” or “small business” from the drop-down lists. These dollars will allow us to provide the immense the relief needed for our small businesses and workers as they start their recovery.

Visit the following link to learn more and apply: bit.ly/43ddW0W.

The L.A. County Department of Economic Opportunity, launched in July 2022, helps job-seekers, entrepreneurs, small businesses, major industries, and communities access life changing opportunities, and is also home to the Office of Small Business, L.A. County’s one-stop shop dedicated to prospective entrepreneurs and small-business owners.

Santa Clarita Stock Average

Santa Clarita Stock Average Santa Clarita stock Average Below you will find a list of local Santa Clarita-based or prominent Santa Clarita companies used for our averages. Each month we will take the average of all these stocks and show that number. Tracking that number from month to month will give you a window into how our local company’s stocks are performing. Last month, the index was 4,068.19 and the average price per share was $135.60 This month the index is 4,527.02 up 458. 83 or.11.2 % For an average share price of $ 152.05.

PARTNERING FOR EFFICIENCY HOW SCV WATER CAN

SCV Water supports Santa Clarita businesses with tailored water conservation solutions. Whether you run a restaurant, shop, or public institution we provide customized water effiency strageies for commercial, industrial, and institutional (CII) customers, including leak detection, free surveys, and conservation education.

Free Services

• CII Survey: Discover water-saving opportunities with professional help. Call WaterWise at 888-987-9473 for a free survey.

• Water Efficiency Works Program: Comprehensive measures for increased efficiency, including rebates for plumbing and irrigation upgrades.

• Landscape Irrigation Survey: For businesses with large landscapes, optimize your irrigation with expert advice.

Rebates and Incentives

• Smart Irrigation Controllers: Save with rebates on devices that adjust watering based on weather and plant needs.

• Irrigation Upgrades: Convert to drip systems, upgrade to high-efficiency nozzles, and add pressure regulation for significant water savings.

• Turf Replacement: Get incentives for replacing grass with drought-resistant landscapes.

Become a Water Champion

Join businesses committed to sustainable water use. Learn more at yourSCVwater.com/water-champions.

Start Saving Today!

Visit yourSCVwater.com/ conservation-resources for more tips and to schedule your free water use review.

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