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<br />FISCAL IMPACT <br /> <br />There is no direct impact of this action because the report is not recommending neW' revenues or <br />expenditures. Rather, the report provides for a system the Council can use for determining future <br />expenditures. As indicated, if approved, staff W'ill provide the Council W'ith recommended <br />expenditures based on the categories noted above. <br /> <br />Respectfully Submitted, <br /> <br />~-,~~ 6 <br /> <br />L?l (I U'c;s ; <br /> <br />~ <br /> <br />Steven R. Bocian <br />Assistant City Manager <br /> <br />Sue Rossi <br />Director of Finance <br /> <br />Nelson Fialho <br />City Manager <br /> <br />Attachment A - November 17,2005 Letter from The Friends of Kottinger Creek <br /> <br />SR:05:312 <br />Page 9 <br />