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10.A - Page 8 February 2015 <br /> Economic Development <br /> We develop and sustain a thriving local business environment that contributes to the <br /> community's economic well-being and quality of life. <br /> Goals Outcome Measures <br /> Attracting and retaining • Sales tax revenue <br /> businesses to achieve a strong, • Property tax revenue <br /> stable, complimentary business • Business retention rate <br /> mix, tax base and employment • #of start ups <br /> base <br /> • Commercial vacancy/occupancy rates <br /> • #of employees/jobs <br /> Identifying suitable, balanced • #of projects in pipeline/entitled/under construction <br /> office, retail and housing • Building permit processing time <br /> development opportunities and <br /> managing the development <br /> process to successfully review <br /> and bring new projects online <br /> Promoting and supporting the • Same indicators as goal 1, w/downtown focus? <br /> success of our Downtown as a • #of square feet and units actual vs. caps in DT Precise <br /> major retail and entertainment Plan <br /> center and emerging residential • #of people attending downtown events <br /> neighborhood <br /> • % parking occupancy <br /> • #of Cal-train riders at Sequoia Station (boarding and <br /> alighting) <br /> • $ invested through CBID improvements <br /> 51 Page <br />