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71 loss of rental registration of the property. <br />72 2.4 At the August 20, 2007, City Council meeting it was stated that fees collected as part of the <br />73 registration would generate about $,25,000 in revenue with the anticipated cost of <br />74 implementing the program was estimated to be about $,50,000. Current staff is attempting to <br />75 review these projected costs and revenues to ensure they are accurate, but have been unable <br />76 to do so at the time this report is written. Staff will plan on discussing the financial <br />77 implications of the ordinance at the March 3'd City Council meeting. <br />78 3.0 SUGGESTED ACTION: <br />79 3.1 BY MOTION, ADOPT ORDIANCE AMENDING TITLE 9 BY ADDING SECTION <br />80 907 TO THE CITY OF ROSEVILLE CITY CODE REGARDING REGISTRATION <br />81 OF RESIDENTIAL RENTAL PROPERTY OF I TO 4 UNITS <br />82 <br />83 <br />84 Attachments.- A. Draft Rental Registration Ordinance <br />85 B. August 20, 2007 City Council minutes <br />86 <br />87 <br />e-4 <br />88 Prepared by, Patrick Trudgeon, Community Development Director (651) 792-7071 <br />