Town of Los Gatos Council Meeting Agenda Packet 2026-06-02
Town Extends Tesla EV Charging Station Agreement
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Description
The Town of Los Gatos approved a 10-year agreement with Tesla, Inc. to continue operating EV charging stations in the Northside Parking Lot, paying the Town $8,616 per month with 5% annual increases and an option for a five-year renewal. The Town Manager is authorized to finalize the agreement.
Contract Details
Contract Amount
Payment to the Town of $8,616 per month, subject to 5% annual escalation
Vendor
TESLA INC
Agency
Town of Los Gatos, CA
Contract Type
OTHER
Document Date
June 2, 2026
Contract Term
10 years with one additional five-year renewal period
Renewal Info
Initial 10-year term with one optional five-year renewal period; monthly payments escalate 5% annually.
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