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Desk Item.Commercial Cannabis PREPARED BY: Robert Schultz Interim Town Attorney Reviewed by: Town Manager, Assistant Town Manager, 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: 01/18/2022 ITEM NO: 10 DESK ITEM DATE: January 18, 2022 TO: Mayor and Town Council FROM: Laurel Prevetti, Town Manager SUBJECT: Cannabis Consultant Services: a. Authorize the Town Manager to Engage the Services of a Cannabis Consultant to Evaluate the Potential Taxation of Cannabis and Potential Amendments to the Town’s Cannabis Ordinance in an Amount not to exceed $50,000; and, b. Approve an Expenditure Budget Adjustment in the Amount of $50,000 from Available Capital/Special Projects Reserve. REMARKS: Attachment 3 includes public comment received before 11:00 a.m. on Tuesday, January 18, 2022. ATTACHMENTS: Previously received with the January 13, 2022 Staff Report: 1. Survey 2. Sample Proposal Received with this Desk Item: 3. Public Comments received before 11:00 a.m. on Tuesday, January 18, 2022 This Page Intentionally Left Blank