1:17:47
We've been looking at this for two years. Two years we've been exploring all sorts of different options. And ultimately, the decision for a charter town with um a re uh a property tax, a transfer tax is what is made the most…
1:30:46
Well, the transfer tax would still be assessed at value. Got it. Okay. Of the trans Yeah. The transfer. Remember, it's a property or it's a real property transfer tax.
3:14:02
And we've had many discussions about property tax and the limitations that we have related to Prop 13. Our property tax growth is as a result of either new home sales or uh redevelopment that triggers a reassessment.
5:02:47
So I I will give that some thought and you know when they come back for a second public hearing have a recommendation about whether um we need the example of the real property transfer tax um to to avoid you know confusion that somehow that's limiting.