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Local body votes to join UMass Donahue study of transfer-fee impacts with Martha’s Vineyard partners
Summary
Members voted to join a joint economic study by UMass Donahue, entering an MOU with the Martha’s Vineyard Commission; the Affordable Housing Trust pledged $10,000 and the commission’s share was described as about $25,000. The study contract will be managed through the Martha’s Vineyard Commission and the local entity will pay its portion.
Members of an unnamed local committee voted unanimously to join a three‑party economic study by UMass Donahue on the potential impacts of a real‑estate transfer fee and to enter a memorandum of understanding with the Martha’s Vineyard Commission to outline payment and coordination.
Leslie, a staff member, told the meeting that the Martha’s Vineyard Commission and the Affordable Housing Trust approached the committee and that UMass Donahue would perform the work. Leslie said the Affordable Housing Trust has voted to contribute $10,000 and that the Martha’s Vineyard Commission’s portion would be about $25,000. She said the written agreement would show that the Vineyard Commission will hold the contract and the local group would reimburse…
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