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<br />FISCAL IMPACT <br /> <br />There is no fmancial impact to the City as a result of this action. <br /> <br />Respectfully Submitted, <br /> <br />$Aev~ <br /> <br />~C<-&uc.- <br />~. <br /> <br />:J). rn~~ <br /> <br />Deborah Acosta McKeehan <br />City Manager <br /> <br />Steven R. Bocian <br />Deputy City Manager <br /> <br />Attachments: 1. Amendment to the Approved Affordable Housing Agreement <br />2. Letter from Ponderosa Homes dated September 30,2004 <br />3. City Resolution No. 04-073 Establishing Inclusionary Unit Credit <br />Guidelines <br />4. City Council Staff Report dated October 21,2003. <br />5. Third Amendment to Option Agreement <br /> <br />SR:04:260 <br />Page 9 <br />