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attract businesses that are a good fit with the resident worker population; the new Policy D, to work with businesses towards common goals; to look at regional collaboration with a local focus; Goal 3, the financial impact report for the General Plan; recognizing land use connections to the economy, the environment and social sustain ability. He agreed with the concept that the economy is the driver for the city revenue. Regarding Policy 7, enterprise funds, he noted discussions about community choice aggregation of electric purchases for the city. That is an enterprise business for the city and could have revenue streams associated with it. There are opportunities for economic development to keep our electric dollars in the city instead of going out to other major corporations. One of the things he was concerned about is Program 8.2 and 8.3, which include the word "prohibif'. He felt there should be a little more flexibility by using the word "discourage" or other such word. Under Policy 1 0, capital improvements, he felt there should be better prioritizing of projects. With Policy 14, he wanted to continue to manage the city's financial assets in a sound and prudent manner. He stated he wanted to continue to hear ideas, even if he did not agree with them. There is time to work through things and modify things here and there to reach agreement. Things like the Stoneridge extensions have caused lines to be drawn in the sand, but he felt there were still ideas to solve regional transportation problems. Pleasanton contributes to that problem and he felt there were ideas in the Economic Strategic Plan that could help solve the problems. Some of the policies that struck a chord with him were diversification of the economic base and attracting innovative of other technical industries not presently in the city, such as energy related programs for small businesses. He noted several things that could be done and that there is an agenda item on the March 21 Council meeting to further discuss this. He noted the east side of Pleasanton could have new industrial business to provide a diverse job base and perhaps provide higher paying jobs than retail. He felt the repositioning idea was important and that types of business need to change over time. He believed the Hacienda Business Park was an example of that and felt it was a huge opportunity. He commented on the discussion of fiscal revenue and need to understand long-term effects. He believed tourism for the wine country was a great idea. He agreed there should be a review of local purchasing policy for the city and a campaign aimed to the residents makes sense. He agreed with the broad goals for affordable housing contained in the report and felt there were a number of ways to do that. Council has a workshop on affordable housing coming in March. He was concerned about the idea of converting apartments to condominiums because apartments are the most affordable housing for the retail work force sector. The other side of the work force housing and affordability problem is wages. Perhaps there should be more discussion of a living wage. He complimented the Committee on developing the Plan and continuing to work on an implementation plan. That is a key piece. Kristi Rocha appreciated the insightfulness of the Council and the fact that they read the report and presented great comments. She invited Council to come to any of the Economic Vitality Committee meetings to contribute to the planning sessions. Mayor Hosterman referred to repeated comments on streamlining the permitting process to make it easier for those with development projects to get them done in a Joint Workshop City Council/Economic Vitality Committee 11 02/28/06