City of Somerville header
File #: 204954    Version: 1
Type: Mayor's Request Status: Placed on File
File created: 1/10/2018 In control: City Council
On agenda: 1/11/2018 Final action: 5/24/2018
Enactment date: 1/11/2018 Enactment #: 204954
Title: Requesting approval of a Home Rule Petition to authorize the City to impose a Real Estate Transfer Fee.
Code sections: Home Rule Petition -
Attachments: 1. HRP RETC 1.10.18, 2. RETC TF Memo 1.10.18 Final, 3. FINAL Somerville Transfer Fee Impact Analysis _RKG (October 2017)

  Agenda Text

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Requesting approval of a Home Rule Petition to authorize the City to impose a Real Estate Transfer Fee.

 

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Official Text

To the Honorable Board:

 

I hereby request your consideration and approval of a home rule petition to authorize the City of Somerville to impose a real estate transfer fee.  Please find attached the draft Home Rule Petition, a memorandum with updates on the Real Estate Transfer Charge Task Force, and RKG's transfer fee impact analysis. 

 

My staff will be available to answer any questions you may have. Thank you for your consideration of this matter.

 

Respectfully,

Joseph A. Curtatone, Mayor