Measure GS - City of Santa Monica
Shall the measure adding Santa Monica Municipal Code Chapter 4.90 to establish designated funds for schools, homelessness prevention, and affordable housing, and an eleven-member resident oversight committee, and amending Chapter 6.96 to provide a third tier transfer tax rate of $56.000 per $1,000 of value for property transfers of $8,000,000 or more, providing an estimated $50,000,000 annually for homelessness prevention, affordable housing, and schools, until repealed, be adopted?
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