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Staff Report.Public Art Funding PREPARED BY: Robert Schultz Town Attorney Reviewed by: Town Manager, Assistant Town Manager, Town Attorney, and Community Development Director 110 E. Main Street Los Gatos, CA 95030 ● 408-354-6832 www.losgatosca.gov TOWN OF LOS GATOS TOWN COUNCIL REPORT MEETING DATE: 05/04/2021 ITEM NO: 4 DATE: April 27, 2021 TO: Mayor and Town Council FROM: Robert Schultz, Town Attorney SUBJECT: Adoption of an Ordinance of the Town of Los Gatos Amending Chapter 25, by Renaming it to “Revenue and Taxation” and Adding Article VII, Sections 25.70.010- 25.70.140 of the Los Gatos Town Code Entitled Public Art Funding RECOMMENDATION: Adopt an Ordinance that was introduced at the Town Council meeting of April 20, 2021 amending Chapter 25, by Renaming it to “Revenue and Taxation” and adding Article VII, Sections 25.70.010- 25.70.140 of the Los Gatos Town Code Entitled Public Art Funding. BACKGROUND: At its April 20, 2021 meeting, the Town Council voted 5-0 to approve amending the Town Code, Chapter 25, by Renaming it to “Revenue and Taxation” and adding Article VII, Sections 25.70.010- 25.70.140 of the Los Gatos Town Code Entitled Public Art Funding. CONCLUSION: Staff recommends that Council adopt an Ordinance amending Chapter 25, by renaming it to “Revenue and Taxation” and adding Article VII, Sections 25.70.010-25.70.140 of the Los Gatos Town Code entitled Public Art Funding. 15 of the Los Gatos Town Code Entitled “Motor Vehicles and Traffic.” PAGE 2 OF 2 SUBJECT: Adoption of an Ordinance of the Town of Los Gatos Amending Chapter 25 by Renaming it to “Revenue and Taxation” and Adding Article VII, sections 25.70.010-25.70.140 of the Los Gatos Town Code Entitled Public Art Funding DATE: April 27, 2021 S:\COUNCIL REPORTS\2021\05-04-21\Public Art Funding\Staff Report.Public Art Funding.docx COORDINATION: This report was coordinated through the Town Attorney’s Office, the Community Development Department, and the Arts and Culture Commission. FISCAL IMPACT: There are no significant fiscal impacts associated with the approval of this ordinance as it will be a revenue generating ordinance. ENVIRONMENTAL IMPACT: This is not a project defined under CEQA, and no further action is required. ATTACHMENTS: 1. Ordinance Amending Chapter 25, By Renaming it to “Revenue and Taxation” and Adding Article VII, Sections 25.70.010- 25.70.140 of the Los Gatos Town Code Entitled Public Art Funding.