Asked the City Manager to confer with the City Solicitor, the City Assessor and the Community Development Department to prepare a Municipal Transfer Fee Ordinance and, if required, an appropriate Home Rule Petition, to implement a municipal transfer fee on sale of all residential, commercial and institutional properties where the buyer pays 1% of purchase price on any amount in excess of $2.5 million and an additional 4% of the purchase price on any amount more than $5 million

How it started

Sep 11, 2017 · Proposed by Councillor Timothy J. Toomey: a formal request from the Council to the administration.

What happened

Sep 11, 2017 · Held by charter right one member's right to pause; the item returns at the next meeting

Sep 18, 2017 · ✅ Order adopted. The Council's request went to the City Manager.

View the roll call

Present and voting at this meeting (9)

Craig A. Kelley
David Maher
Dennis Carlone
E. Denise Simmons
Jan Devereux
Leland Cheung
Marc McGovern
Nadeem Mazen
Timothy J. Toomey

Adopted by voice vote. A voice vote records the outcome, not individual positions. No member's yes or no is on the record (though a member can ask to be recorded in the negative in the minutes). Showing the members who cast recorded votes at this meeting. Rule 6 requires a roll call for spending over $50 or on any member's request; state law requires one for every vote when a member participates remotely. · photos: City of Cambridge

What’s next

⌛ No response on the docket: nothing has been filed back under this request's number. Answers sometimes arrive as other items; this ledger tracks only this one.

🏛 This item on the city's site

🗓 The meeting where this was taken up: Sep 11, 2017