for example, theres a scarecrow in White Arden that is scheduled to blow "12:58 28.9.2015" - what time is that?
It was set to the time zone that you are playing on. So if you have 3 people looking at the same house, and all 3 are in different time zones, it would show 3 different times. That way each player could not have to worry about conversion of timezones. The main NA server is in Taxes. But this has been know to be buggy.