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From the Create Repository tab select the directory where you want to initialize the new repository. The Use Default Local Repository option can be selected to initialize a repository in the directory specified in Tools > Options > Git as the default local repository.
You need to select a directory that exists, otherwise the action will fail. If you run this action against a directory that already contains a repository, no information will be lost or re-written. It can be useful to do this in order to pick up recently added templates.
There are also a number options that can be executed from the Create Repository tab.
Quiet - Suppress output from Git.
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