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8.A. - Page 3 <br /> FISCAL IMPACT <br /> Staff is currently working with AirBNB to estimate total amount of TOT that could be <br /> generated when an agreement is in place. Staff will report back to Council when there <br /> is an accurate estimate. <br /> ENVIRONMENTAL REVIEW <br /> This action is not a "project" within the meaning of the California Environmental Quality <br /> Act because the action contemplated by this report will not cause a direct physical <br /> change in the environment nor a reasonably foreseeable indirect physical change in the <br /> environment. (Public Resource Code § 21065; Guidelines § 15378) <br /> AARON AKNIN <br /> ASSISTANT CITY MANAGER AND COMMUNITY DEVELOPMENT DIRECTOR <br /> MELISSA STEVENSON DIAZ <br /> CITY MANAGER <br />