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RESOLUTION 2014 -061 <br />RESOLUTION OF THE TOWN COUNCIL <br />OF THE TOWN OF LOS GATOS <br />AUTHORIZING SUBMITTAL OF <br />THE DRAFT 2015 -2023 HOUSING ELEMENT TO THE <br />CALIFORNIA HOUSING AND COMMUNITY DEVELOPMENT <br />DEPARTMENT FOR ITS 60 -DAY REVIEW <br />WHEREAS, the Town of Los Gatos is required by the State Housing Element Law to <br />prepare an update of its existing State Certified Housing Element in 2014; and <br />WHEREAS, the Housing Element must be submitted to the State Department of Housing <br />and Community Development for review and comment prior to the Town Council considering its <br />adoption; and <br />WHEREAS, the updated Housing Element must include plans and policies to show how <br />Los Gatos plans to accommodate the estimated housing needs of the community for the next eight <br />year period; and <br />WHEREAS, on February 3, 2014, the Town Council authorized the creation of a <br />13- member Housing Element Advisory Board to facilitate public outreach and community <br />involvement in the update of the Town's Housing Element; and <br />WHEREAS, the Housing Element Advisory Board has held a series of eight public <br />meetings from March to August 2014 to review the existing Housing Element, consider the <br />Town's projected housing needs for the next eight year period, identify potential housing sites, <br />review proposed revisions, and consider recommendations that have been included in the draft <br />Housing Element document; and <br />