2024-016 - Rescinding Resolution Nos. 2024-003, 2024-004 & 2024-005RESOLUTION 2024-016
RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS
RESCINDING RESOLUTION NOS. 2024-003, 2024-004, AND 2024-005
WHEREAS, on January 16, 2024, the Town Council adopted Resolution Nos. 2024-003,
2024-004, and 2024-005, to replace the Town's existing Traffic Impact Mitigation Fee with a
new updated Transportation Impact Fee; 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, on April 2, 2024, the Town Council directed staff to study several options to
update the methodology used in the nexus study and return to Town Council with the results;
and
WHEREAS, staff recommends rescinding 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, which
rescissions will have the effect of leaving in place the Town's previous Traffic Impact Mitigation
Fee;
NOW, THEREFORE, BE IT RESOLVED, the Town Council rescinds Resolution Nos. 2024-
003, 2024-004, 2024-005. The Town Council directs that the Traffic Impact Mitigation Fees
continue to be collected in the same amounts that existed prior to the adoption of these
Resolutions, as previously approved by the Town Council pursuant to Section 15.70.035 of the
Town Code.
PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los
Gatos, California, held on the 16`h day of April, by the following vote:
COUNCIL MEMBERS
AYES: Maria Ristow, Rob Rennie, Rob Moore, Matthew Hudes, Mayor Mary Badame
NAYS: None
ABSENT: None
ABSTAIN: None
SIGNED:
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ATTEST:
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TOW- NRK OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
DATE: 4 1
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