Ord 1392 - PROVIDING A BUSINESS LICENSE TAX EXEMPTIONORDINANCE NO. 1392
ORDINANCE OF THE TOWN OF LOS GATOS
PROVIDING A BUSINESS LICENSE TAX
EXEMPTION
THE TOWN COUNCIL OF THE TOWN OF LOS GATOS DOES ORDAIN:
SECTION 1.
Section 15 -5 of the Town Code is amended by adding, immediately
after the paragraph lettered (d), the following:
SEC. 15 -5 CERTAIN BUSINESSES EXEMPT FROM CERTAIN
REQUIREMENTS OF CHAPTER
(e) The provisions of this chapter do not require the
payment of a business license tax by charitable, nonprofit
corporations recognized by the Franchise Tax Board and
granted California tax exemptions as such, attributable
to business activities conducted in the course of and in
conjunction with community-wide events such as the annual
Christmas Parade, Cultural Festival, Cat's Hill Race or
Dammit Run, when the event has the specific approval of
the Town Council and when the proceeds of the business
activity are entirely devoted to the purposes of the
organization.
SECTION 2.
This ordinance takes effect 30 days after the date it is adopted.
Within 15 days after this ordinance is adopted the Town Clerk shall
cause it to be published once in a newspaper of general circulation
published and circulated in the Town.
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T"rt ( sr�Ji
This ordinance was introduced at a regular meeting of the Town
Council of the Town of Los Gatos on April 3rd , 1978,
and adopted by the following vote as an ordinance of the Town of
Los Gatos at a regular meeting of the Town Council on April 17th ,
1978.
AYES: COUNCIL MEMBERS Ruth Cannon, Thomas J. Ferrito, John B.
Lochnerm Peter W. Siemens and Mardi Gualtieri
NOES:
COUNCIL
MEMBERS
None
ABSTAIN:
COUNCIL
MEMBERS
Bone
ABSENT: COUNCIL MEMBERS None
SIGNED: A
MAYO OF THE TOWN OF LOS GATOS
ATTEST:
CLERK OF 4HE WN OF LOS GATOS
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