Addendum
PREPARED BY : RYAN BAKER
Library Director
Reviewed by: Town Manager , Assistant Town Manager, Town Attorney , and Finance Director
110 E. Main Street Los Gatos, CA 95030 ●A 40 8 -354 -68 32
www.losgatosca.gov
TOWN OF LOS GATOS
COUNCIL AGENDA REPORT
MEETING DATE: 0 6 /19 /2018
ITEM NO: 16
ADDENDUM
D ATE : JUNE 1 8 , 2018
TO : MAYOR AND TOWN COUNCIL
FROM: LAUREL PREVETTI, TOWN MANAGER
SUBJECT: RECEIVE THE ARTS AND CULTURAL COMMISSION’S PUBLIC BENEFIT
ASSESSMENT FOR PUBLIC ART RESEARCH STUDY AND PROVIDE
DIRECTION ON THE COMMISSION’S RECOMMENDATION TO PREPARE AN
ORDINANCE DESIGNATING ONE HALF OF ONE PERCENT OF ALL PRIVATE
BUILDING PROJECTS WITH TOTAL CONSTRUCTION COSTS GREATER THAN
$200,000 FOR FUNDING PUBLIC ART PROGRAMS IN THE TOWN
REMARKS :
The following questions were received from a Council member after di stribution of the staff
report. Council member questions are in bold and staff response is contained in tables:
1. What are typical projects that would have a valuation of $200,000 or more in Los Gatos?
Cost per
S quare F oot
Equivalent $200,000
V aluation P roject
New Hillside Home $337 593 square foot home
New Non -hillside Home $241 829 square foot home
Non -hillside Remodel $84 2,380 square foot remodel
New Office $263 760 square foot office
Commercial T enant Improvement (T/I) $110 1,818 square foot T/I
Office T/I $157 1,273 square foot T/I
PAGE 2 OF 2
SUBJECT: RECEIVE THE ARTS AND CULTURAL COMMISSION’S PUBLIC BENEFIT
ASSESSMENT FOR PUBLIC ART RESEARCH STUDY AND PROVIDE DIRECTION
ON THE COMMISSION’S RECOMMENDATION TO PREPARE AN ORDINANCE
DESIGNATING ONE HALF OF ONE PERCENT OF ALL PRIVATE BUILDING
PROJECTS WITH TOTAL CONSTRUCTION COSTS GREATER THAN $200,000 FOR
FUNDING PUBLIC ART PROGRAMS IN THE TOWN
JUN E 1 8 , 2018
S:\COUNCIL REPORTS \2018 \06 -19 -18 \16 Arts Assessment \Addendum.FINAL.docx 6/18/2018 4:17 PM
2. Please provide valuations for a sample of different types of projects. If an art fee is established
as recommend ed by the Commission, how would it compare to the total fees on a project
(e.g., building fees, school impact, traffic impact, etc.)?
Square
Feet
Valuation Building
Permit Fee
School
Impact Fee
Traffic Fee 0 .5% Art Fee
Hillside
Home
N/A $2,446,616 $61,824 $10,488 $8,779 $12,233
New Office 6,813 $2,191,181 $61,151 $3,474 $49,455 $10,956
Attachments previously received with Staff Report :
1. rtsAandACultureACommission’sAPublicABenefitA ssessmentAforAPublicA rtAResearchAStudy
2. Public Comments received through 11:00 a.m. June 14, 2018