Community & Economic Development Committee (CED), December 15, 2025
Approves Team San Jose FY24-25 Performance Audit Acceptance, Unanimous
What happened
The Community & Economic Development Committee meeting focused on two major focus areas: building more housing and growing the economy. Team San Jose exceeded all performance targets for fiscal year 2024-25, qualifying for a $300,000 performance-based fee.
- Jurisdiction
- San Jose, CA
- Governing body
- Final authority
- Date
- December 15, 2025
- Decisions
- 3 zoning decisions
- Outcome
- Approved, Unanimous
Projects in this meeting (1)
A project bundles every related decision, across hearingsBuilding More Housing Focus Area Report Acceptance
RecommendedFree sample: decision 1 of 3
Team San Jose FY24-25 Performance Audit Acceptance
Committee accepted the annual performance audit of Team San Jose, which exceeded all five performance targets including 133,500 hotel room nights booked (target: 117,000), $95 million economic impact (target: $78 million), 97% cultural facilities occupancy rate, and 97% customer satisfaction ratings. Team San Jose qualifies for $300,000 performance-based fee.
- None
The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.
Meeting Summary
The Community & Economic Development Committee meeting focused on two major focus areas: building more housing and growing the economy. Team San Jose exceeded all performance targets for fiscal year 2024-25, qualifying for a $300,000 performance-based fee.
Key Decisions (3)
Team San Jose FY24-25 Performance Audit Acceptance
Building More Housing Focus Area Report Acceptance
Growing Our Economy Focus Area Report Acceptance
Development Activity (3)
First City Ministerial Housing Project
Residential
Regional Wastewater Facility Development
Industrial
Data Center Pipeline Projects
Industrial
Market Signals (6)
Commercial Demand
Industrial vacancy rate in San Jose has remained very low…
Housing Demand
Market rate towers and high-density projects face feasibility challenges while…
Infrastructure
PG&E power agreement announced in summer has generated significant interest…
Meeting Intelligence Preview
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