Yes. TOT shall be collected for short-term rentals and paid to the Town of Los Gatos, pursuant to Chapter 25, Article III of the Los Gatos Municipal Code. Collection and remittance of TOT is the responsibility of the host. If a hosting platform is used, and the Town has a voluntary collection agreement, or equivalent, with that hosting platform, TOT may be collected and remitted directly to the Town by the hosting platform. The Town currently has a voluntary collection agreement with Airbnb only. The host must still submit quarterly TOT Remittance Forms to the Town Finance Department. The host must also maintain records of TOT paid, even if paid by a hosting platform, for three years.