Southold Town Hearing on 50bp tax for Affordable Housing

Suffolk Times article on Hearing Follow Up

Southold Town Board
Special Meeting
8/2/2022 9:00 AM
Meeting Hall

53095 Route 25
Southold, NY 11971

A Special Meeting of the Town Board has been scheduled for Tuesday, August 2, 2022 at 9:00 am in the Meeting  Hall located Southold Town Hall, located at 53095 Main Road, Southold for the purpose of holding a Public Hearing on:

The proposed Local Law “Amending Chapter 17 (Community Preservation Fund) in Relation to

Creating a Community Housing Fund to be Funded by a 0.5% Supplemental Real Estate Transfer Tax.”

TB Final Agenda 2AUG22

When: Aug 2, 2022 09:00 AM Eastern Time (US and Canada)
Topic: Town Board – Affordable Housing P.H.

Please click the link below to join the webinar:

Passcode: 515966

Or One tap mobile: US: +16469313860,,87006649007#,,,,*515966#  or +16465588656,,87006649007#,,,,*515966#

Or Telephone: Dial(for higher quality, dial a number based on your current location):

        US: +1 646 931 3860  or +1 646 558 8656  or +1 312 626 6799  or +1 301 715 8592  or +1 346 248 7799  or +1 386 347 5053  or +1 564 217 2000  or +1 669 444 9171  or +1 720 707 2699  or +1 253 215 8782

Webinar ID: 870 0664 9007
Passcode: 515966

    International numbers available:

It is the public purpose of this local law to implement the authority given to the Town of Southold to establish a dedicated fund to provide needed housing opportunities as authorized by Chapter 445 of the Laws of 2021 entitled “AN ACT to amend the town law and the tax law, in relation to authorizing towns in the Peconic Bay region to establish community housing funds to be funded by a supplemental real estate transfer tax.” Said fund would be financed by a 0.5% supplemental real estate transfer tax, which would be in addition to the existing 2% real estate transfer tax for the Community Preservation Fund. The supplemental real estate transfer tax is subject to a mandatory referendum.

Town Board Full Agenda 2AUG22 w/whole Chapter 445

Here is the link

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