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<br />. Re-wording of Goal 2 to reflect the link between the City's quality oflife and the economy. <br /> <br />. Changes to reflect "maintenance" of programs rather than "establishment," as appropriate. <br /> <br />. The addition of Policy 3 and Policy 4 which are drawn from the draft Economic <br />Development Strategic Plan. <br /> <br />. A reference to the Strategic Plan in Program 4.1. <br /> <br />. The addition of Program 4.7 related to setting benchmarks and measuring progress <br />implementing the Economic Development Strategic Plan. <br /> <br />. The addition of Program 4.8 requiring consideration of impacts on business when setting <br />fees and taxes. <br /> <br />. The addition of Policy 5 and Policy 6 and associated programs that recognize the need for <br />the City to work with the business community toward common goals. <br /> <br />. The addition of Program 9.3 related to consultation with affected business entities when <br />considering new fees or changes in fees. <br /> <br />. The addition of Policy 12 and Program 12.1 related to public/private partnerships for <br />community benefit. <br /> <br />. The revision of the heading "Balanced Budget" to "Sustainable City Finances" which <br />reflects the need to control spending and to diversify revenue sources as we reach build- <br />out. <br /> <br />. Re-wording of Program 13.9 (formerly Program 6.1) to limit the requirement for a fiscal <br />analysis to housing and mixed-use projects located in Specific Plan areas or in large <br />Planned Unit Developments. <br /> <br />. The addition of Program 14.4 to ensure the funding of at least the normal employer rate for <br />the City's retirement system (PERS). See p. 34 of Attachment 1 (Background and <br />Alternatives Report) for background related to this issue. <br /> <br />. The revision of Program 17.1 to "allow limited use of long-term borrowing" which reflects <br />the City's current practice. <br /> <br />. The revision of Program 17.3 to establish a 5 percent debt limit (rather than the previous 10 <br />percent debt limit), except as otherwise determined by the City Council. See p. 33 of <br />Attachment 1 for further background on this issue. <br /> <br />. The revision of Program 18.1 to reflect the recent preparation of the Economic <br />Development Strategic Plan. <br /> <br />PLANNING COMMISSION ACTION <br /> <br />At its meeting on March 29, 2006, the Planning Commission made several comments on the draft <br />Economic Development Strategic Plan and on the draft Element. Comments on the Economic <br />Development Strategic Plan included: <br /> <br />SR 06:127 <br />Page 3 of5 <br />