M E M O R A N D U M 03-176

TO: MAYOR AND HOMER CITY COUNCIL

FROM: MARY L. CALHOUN, CMC, CITY CLERK

DATE: OCTOBER 7, 2003

SUBJ: REQUEST FOR EXECUTIVE SESSION PURSUANT TO AS §44.62.310(C)(1), MATTERS, THE IMMEDIATE KNOWLEDGE OF WHICH WOULD CLEARLY HAVE AN ADVERSE EFFECT UPON THE FINANCES OF THE GOVERNMENT UNIT. (BUDGET MATTERS.)

The City Manager has requested an executive session with the Mayor and Council regarding budgetary matters.

RECOMMENDATION:

Approve the request for Executive Session and conduct under New Business.

Fiscal Note: NA