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01 Desk Item - Concerns Regarding Auto DealershipsMEETING DATE: 4/29/02 ITEM NO. DESK ITEM COUNCIL STUDY SESSION AGENDA REPORT DATE: APRIL 29, 2002 TO: MAYOR AND TOWN COUNCIL FROM: DEBRA J. FIGONE, TOWN MANAGE SUBJECT: DISCUSSION OF ISSUES AND CONCERNS REGARDING LOS GATOS AUTO DEALERSHIPS RECOMMENDATION: The April 25, 2002 Council Study Session Agenda Report indicates that several auto dealers have left the Town of Los Gatos. The following provides additional information on this subject: McHugh Lincoln Mercury: The dealership relocated to Capital Expressway Auto Mall in the fall of 2001. Swanson Ford has since leased the property and will use it for truck sales and body shop operations. Nissan Volvo: This dealership closed in the early 1990's. After sitting vacant for several years, the property was redeveloped with an Office Depot store. Chrysler Dealer: This dealership on Blossom Hill Rd. closed in the early 1990's. This property is now leased by Los Gatos Auto Mall which sells new Hummers and high end, previously owned vehicles. Other Ownership Changes: It is staff's understanding that the Honda, Acura, and Chevrolet dealerships have gone through ownership changes in the last ten years, but the brand of vehicles sold has remained the same. PREPARED BY: BUD N. LORTZ Community Development Director MARTY WOODWORTH Redevelopment Manager Reviewed by: (LAttorney Clerk Finance Community Development Revised: 4/29/02 11:31 am autodealersdeski temapri129.wpd