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and lower rate housing that is not below market. He referred to the jobs/housing balance and the Plan says that over the last ten to fifteen years the percentage of residents of Pleasanton that commute out of the city is consistent at 70%. He noted there is a cap on housing but not on commercial. He asked if there were goals to try to capture businesses that are for the jobs of people who work in the city. If you want to decrease the 70% of people who commute out, it is necessary to find the jobs that meet the market for the people who live here so they will stay in the city. Mr. Stern did not feel it was possible to choose the jobs. However, there is a reason for emphasis on entrepreneurial businesses. It has been found that the economy is changing from being driven by large businesses with a regional focus to what people are calling a homegrown economy. A lot of focus for the committee whenever possible is to create an environment where those homegrown businesses will stay in Pleasanton. When talking about a wireless network for the city, he noted approximately 5% of Pleasanton residents work at home. There is a trend of smaller businesses and a need for technical infrastructure outside the traditional commercial areas. Mr. Brozosky referred to people working at home or telecommuting and asked how that is reflected in the jobs/housing balance? Mr. Stern said if a person is working from home it does count as both a job and house. The second answer depends on how the person fills out their census paperwork. He has carefully reviewed the data and people fill out the forms differently. He said the percentage of those telecommuting or working from home on a part time basis is much smaller, about 1 %. Mr. Paxson felt the one hope for reducing the 70% figure is to build the type of housing that lends itself to higher live/work ratios. He believed that building housing with a better relationship to jobs or transportation networks has a much higher incidence of live/work ratios. There are things the city can do with regard to location of housing. Mr. Walden referred to the Internet sites (Pleasantonjobs.com and TriValleyjobs.com) that advertise to local residents that there are local jobs. Kristi Rocha commented that also helped attract and retain corporations in Pleasanton as well as getting the employees here. Sharrell Michelotti noted the efforts of staff to retain the businesses in the city. Mr. Olson referred to the comment about a limit on housing but no limit on businesses. He noted he is part of the 70% that commutes out and the thing that would keep him from commuting out would be a job. He did not want to limit the businesses. Mayor Hosterman referred to discussions with the Tri-Valley Business Council about how to develop incubator space for new businesses and identifying existing small Joint Workshop City Council/Economic Vitality Committee 6 02/28/06