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Welcome to San Jose

Welcome to San Jose. A City of Growth and Change. Rents Remain Unaffordable for Many Workers. Mean Annual Wages for San José Service Workers . SOURCE: Employment Development Department (EDD) – 2012 1 st Quarter Wages, Income required to rent assumes rent is 30% of income.

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Welcome to San Jose

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  1. Welcome to San Jose

  2. A City of Growth and Change

  3. Rents Remain Unaffordable for Many Workers Mean Annual Wages for San José Service Workers SOURCE: Employment Development Department (EDD) – 2012 1st Quarter Wages, Income required to rent assumes rent is 30% of income

  4. Average Rents Continue Upward Trend, Up 4% from Q1, 2012 Average Rental Rates for Units in San José $2,436 $2,089 $1,628 $1,254 SOURCE: RealFacts – Second Quarter 2012 - Data only includes rental projects with 50 units or more

  5. Economic Strategy Goals 2010-2015 • Regain Jobs and Revenue • Encourage Companies and Sectors that Can Drive the San Jose/Silicon Valley Economy and Generate Revenue for City Services and Infrastructure • Develop Retail to Full Potential, Maximizing Revenue Impact and Neighborhood Vitality • Preserve and Strengthen Manufacturing-Related Activity and Jobs • Nurture the Success of Local Small Businesses • Increase San Jose’s Influence in Regional, State, and National Forums in Order to Advance City Goals and Secure Resources • Improve the Speed, Consistency, and Predictability of the Development Review Process, and Reduce Costs of Operating a Business in San Jose

  6. Strategic Goals 2010-2015 • Invest for Future Success • Prepare Residents to Participate in the Economy Through Training, Education, and Career Support • Advance the Diridon Station Area as Key Transportation Center for Northern California • Keep Developing a Competitive, World Class Airport, and Attract New Air Service • Continue to Position Downtown as Silicon Valley’s City Center • Create More Walkable, Vibrant, Mixed-Use Environments to Spur Interaction and Attract Talent • Develop a Distinctive Set of Sports, Arts, and Entertainment Offerings, Aligned With San Jose’s Diverse, Growing Population

  7. A measurable vision for green innovation

  8. 100 2022 Target (100%) 90 80 70 60 50 40 30 20 10 Clean Tech Jobs Per Capita Energy Use Renewable Energy Generation Certified Green Building Space Trash Diverted from Landfills Average Daily Use Recycled Alternative Fuel Vehicles New Trees Planted Smart Streetlights Trail Miles 10 bold goals in 15 years, including • 25,000 clean tech jobs • Reduce per capita energy use by 50% • Receive 100% of power from clean, renewable sources • Divert 100% of waste from landfill; convert waste to energy • Recycle or reuse 100% of wastewater • 50 million square feet of green buildings • 100 miles of interconnected trails

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