City of Somerville header
File #: 201500    Version: 1
Type: Resolution Status: Approved
File created: 5/24/2016 In control: City Council
On agenda: 5/26/2016 Final action: 7/14/2016
Enactment date: 5/26/2016 Enactment #: 201500
Title: That the Administration and City Solicitor prepare a Home Rule Petition to allow a transfer fee on all real estate transactions, the proceeds of which would be used for affordable housing and perhaps the City’s potential financial commitment to the Green Line Extension.
Sponsors: Mark Niedergang, Matthew McLaughlin, Lance L. Davis

  Agenda Text

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That the Administration and City Solicitor prepare a Home Rule Petition to allow a transfer fee on all real estate transactions, the proceeds of which would be used for affordable housing and perhaps the Citys potential financial commitment to the Green Line Extension.

 

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Official Text

  That the Administration and City Solicitor prepare a Home Rule Petition to allow a transfer fee on all real estate transactions, the proceeds of which would be used for affordable housing and perhaps the Citys potential financial commitment to the Green Line Extension.