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Desk Item.TIP Research Update PREPARED BY: Nicolle Burnham Director, Parks and Public Works Reviewed by: Town Manager, Town Attorney, Community Development Director, and Finance Director 110 E. Main Street Los Gatos, CA 95030 ● (408) 354-6832 www.losgatosca.gov TOWN OF LOS GATOS COUNCIL AGENDA REPORT MEETING DATE: 05/02/2023 ITEM NO: 13 DESK ITEM DATE: May 2, 2023 TO: Mayor and Town Council FROM: Laurel Prevetti, Town Manager SUBJECT: Receive the Report and Provide Direction on Potential Changes to the Town’s Transportation Impact Fee REMARKS: Attachment 4 is a staff presentation which contains additional background, project list summary, projected development, fee calculation, and discussion items. Attachments Previously Received with the Staff Report: 1. Council Policy 1-08 - Traffic Impact Policy 2. Project List for TIF and VMT Calculations 3. Analysis of Fees for Comparable Jurisdictions Attachments Received with this Desk Item: 4. Staff Presentation