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FISCAL IMPACT <br /> <br />There is no financial impact as a result of this action. However, staff anticipates that continued <br />study of this project will result in fees for developer or consultant services. The amount will be <br />determined after reviewing proposals to complete work. Staff will provide the Council with <br />estimated project costs at the time of contract approval. Funding for this portion of the project <br />will be from the City Lower Income Housing Fund (271900) that is available for the support of <br />City affordable housing efforts like this project. <br /> <br />Respectfully Submitted, <br /> <br />Steven Bocian <br />Deputy City Manager <br /> <br />Sue Rossi <br />Director of Finance <br /> <br />Nelson Fialho <br />City Manager <br /> <br />SR 05:026 <br />Page 7 <br /> <br /> <br />