City Council

22.\nVisit Newport Beach, Inc. FY 2026 Destination Business Plan Budget,\nLeisure Marketing (TOT) FY 2026 Budget, and Performance Standards\nReport\na) Determine this action is exempt from the California Environmental Quality Act\n(CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines\nbecause this action will not result in a physical change to the environment, directly or\nindirectly;\nb) Waive the requirement in the agreement for a Biennial Performance Standards\nReport, Biennial Marketing Plan and Biennial Budget and accept the Fiscal Year\n2026 report, plan and budget as submitted;\nc) Review and approve and/or modify the FY 2026 Newport Beach & Company\nDestination Business Plan and Performance Standards Report; and\nd) Review and approve the Visit Newport, Inc. Leisure Marketing (TOT) FY 2026\nBudget.\nStaff Report\nAttachment A – VNB FY 2026 Destination Business Plan\nAttachment B – VNB Leisure Marketing (TOT) FY 2026 Budget\nAttachment C - VNB Performance Standards Report