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2004-024-Amending The Comprehensive Fee Schedule Establishing A Multiplier For Calculating The Valuation Of Building Construction Which Is Used To Determine Building Permit Fees.RESOLUTION N0.2004-24 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS AMENDING THE COMPREHENSIVE FEE SCHEDULE ESTABLISHING A MULTIPLIER FOR CALCULATING THE VALUATION OF BUILDING CONSTRUCTION WHICH IS USED TO DETERMINE BUILDING PERMIT FEES.. WHEREAS, the construction costs in the Town of Los Gatos have increased significantly in the last several years.; and WHEREAS, the building permit valuation for the Town of Los Gatos is significantly below actual construction .costs:; 2.32/0. RESOLVED, that the building permit valuation multiplier be adjusted to RESOLVED, that the new building permit valuation multiplier be adopted. RESOLVED, that the new building permit valuation factor become effective 60 days from the adoption of this Resolution. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 1st day of March,- 2004 by the following vote: COUNCIL MEMBERS: AYES: Sandy Decker, Diane McNutt, Joe Pirzynski, Mike Wasserman, Mayor Steve Glickman. NAYS : None ABSENT: None e ABSTAIN: None G SIGNED: MAYOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA ATT ST• CLE THE TOW' " OF LO ATO LOS GATOS, CALIFORNIA