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7.4.A. - Page 4 <br /> FISCAL IMPACT <br /> There is no fiscal impact associated with entering into the Proposed Management and <br /> Disbursement Agreement with the RCIA. The City's assessment on City property as authorized <br /> by the implementing ordinance and activities is approximately $62,251 annually over the length <br /> of the CBID, which is 15 years. <br /> ENVIRONMENTAL REVIEW <br /> 1. Ordinance Amendment: This action is not a "project" within the meaning of the California <br /> Environmental Quality Act because this ordinance amendment sets forth a procedural and <br /> administrative mechanism relating to assessments and therefore it has no potential for <br /> resulting in either a direct physical change in the environment nor a reasonably <br /> foreseeable indirect physical change in the environment. (Public Resource Code § 21065; <br /> Guidelines § 15378) <br /> 2. Contract: This action is not a project under CEQA as defined in CEQA Guidelines, Section <br /> 15378, because this contract, if approved, sets forth a procedural and administrative <br /> management activities applicable to implementing the District Plan and therefore it has no <br /> potential for resulting in either a direct or foreseeable physical change in the environment. <br /> SEAN BROOKS <br /> ECONOMIC DEVELOPMENT MANAGER <br /> ROBERT B. BELL <br /> CITY MANAGER <br /> ATTACHMENTS <br /> 1. Ordinance Amendment <br /> 2. Proposed Agreement <br />