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09 Addendum.Item #9 - Transportation Impact Fee Reviewed by: Town Manager, Assistant Town Manager, Town Attorney, 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: 03/19/2024 ITEM NO: 9 ADDENDUM DATE: March 18, 2024 TO: Mayor and Town Council FROM: Gabrielle Whelan, Town Attorney SUBJECT: Adopt a Resolution Suspending Resolution Nos. 2024-003, 2024-004, and 2024-005 Regarding the Transportation Impact Fee REMARKS: Staff is recommending that this item be deferred to the Council meeting of April 2, 2024. A deferral would enable Town Council to consider the requested fee suspension as well as discuss and determine next steps with respect to the Transportation Impact Fee. For the April 2 discussion, staff will have additional analysis of options available to the Town Council. The analysis is underway and not yet completed. Attachment 2 contains public comment received between 11:01 a.m. Thursday, March 14, and 11:00 a.m. Monday, March 18, 2024. Attachment Previously Received with the Staff Report: 1. Resolution Suspending Resolution Nos. 2024-003, 2024-004, and 2024-005 Attachment Received with this Addendum: 2. Public Comment ATTACHMENT 2 From: Phil Koen Sent: Friday, March 15, 2024 4:46:10 PM To: Gabrielle Whelan <GWhelan@losgatosca.gov> Cc: Laurel Prevetti <LPrevetti@losgatosca.gov>; Mary Badame <MBadame@losgatosca.gov>; Matthew Hudes <MHudes@losgatosca.gov>; Rob Rennie <RRennie@losgatosca.gov>; Maria Ristow <MRistow@losgatosca.gov>; Rob Moore <RMoore@losgatosca.gov>; Wendy Wood <WWood@losgatosca.gov>; jak vannada ; Rick Van Hoesen Subject: Agenda item #9 [EXTERNAL SENDER] Hello Gabrielle, For sake of full disclosure, has the Staff received any reports from third party reviewers regarding whether or not the TIF nexus study complies with the Mitigation Fee Act? The Staff report suggests the Staff has no new information at this time. Is this accurate? Is the Staff report being fully transparent? If the nexus study doesn’t comply with State Law, is the Town going to demand its money back ? Thank you, Phil Koen Redacted Redacted Redacted 1 of 1 Resolution 20 - Date DRAFT RESOLUTION RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS SUSPENDING RESOLUTION NOS. 2024-003, 2024-004, AND 2024-005 WHEREAS, the Town Council adopted an updated transportation impact fee on January 16, 2024; and WHEREAS, the Town received a question regarding the methodology used in the nexus study in support of the updated transportation impact fee; and WHEREAS, pending the collection of information regarding the methodology used in the nexus study, staff recommends suspending Resolution No. 2024-003 Adopting the Nexus Study for the 2023 Update to the Transportation Impact Fee, Resolution No. 2024-004 Updating the Transportation Impact Fee and Amending the 2023-2024 Master Fee Schedule to Include the Updated Fee, and Resolution No. 2024-005 amending the Traffic Impact Policy; NOW, THEREFORE, BE IT RESOLVED, the Town Council suspends Resolution Nos. 2024- 003, 2024-004, 2024-005, pending staff’s collection of information regarding the methodology used in the nexus study and a future Town Council discussion of this topic. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 19th day of March, by the following vote: COUNCIL MEMBERS: AYES: NAYS: ABSENT: ABSTAIN: SIGNED: _______________________________ MAYOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA DATE: __________________ ATTEST: ___________________________________ TOWN CLERK OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA DATE: __________________ Attachment 1 Page 148 ITEM NO. 9.