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STAFF RECOMMENDATION <br /> <br />As discussed above, staff recommends that the Council consider Option A as the preferred way <br />to proceed regarding this matter. As noted above, this alternative would be the least costly to the <br />City and still maintains a variety of options for achieving the City's affordable housing goals <br />while minimizing risk. <br /> <br />Respectfully Submitted, ~~ <br />Steven Bocian Sue Rossi Nelson Fialho <br />Deputy City Manager Finance Director City Manager <br /> <br />Attachments: <br />1. Site/Area Photo <br />2. City Council Staff Report (January 20, 2004) <br />3. Excerpt of the City Council Minutes for the Meeting of January 20, 2004 <br /> <br />SR:05:080 <br />Page 7 <br /> <br /> <br />