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HomeMy WebLinkAbout4784 RESOLUTION NO. 4 7 8 4 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, AUTHORIZING THE CITY OF AUBURN TO :IMPOSE A SALES AND USE TAX AS AUTHORIZED BY RCGN 82.14.415 AS A CREDITAGAINST STATE SALES AND USE TAX, RELATING TO ANNEXATIONS WHEREAS, this is not a new tax but a reallocation of the sales tax already collected by the state which will then be remitted to the Cityr to assisY with funding the costs of the newly annexed area; and WHEREAS, in accordance with Chapter 35A.14 RCW, on the 16"' day of January, 2007 and on the 16�" day of April, 2007, the City Council of the City of Aubum, Washington, passed its Resolution Numbers 4138 and 4176 respectively, calling for special elections to be held in connection with the primary election on August 21, 2007, at which election the question of annexation was presented to 4he voters of the Lea Hill Annexation Area; and WHEREAS, the notice of intention to annex was filed with the King County Boundary Review Board and subsequently approved; and WHEREAS, in accordance with Chapter 35A:14 RCW the annexation was put to a vote of the people in the annexatiort a�ea on August 21, 2007; and WHEREAS, the King County Records, Elections and Licensing Services Division, on September 5, 2007, cert�ed that the referendum had been approved by the voters; and WHEREAS, following a faivorable vote on the annexation proposition, the City Council of the City of Auburn, Washington, adopted its Ordinance No. Resolutlon No.4784 January 17, 2012 Page 1 of 3 6121, on September 17, 2007, annexing said Lea Hill Annexation Area, an annexation area that has a population of at least ten thousand people; and WHEREAS, the City Council of the City of Aubum, Washington, finds and determines that the projected cost of at least $5,775,400 to provide municipai services to the annexation area exceeds the projected general revenue estimated to be $3,605,900 that the City would othervvise receive from the annexation area on an.annual basis; and WHEREAS, pursuant to RCW 82.14.415, the City is authorized, under the circumstances of 4his annexation, to impose a sales and use tax as authorized with that tax being a credit againsYthe state tax. NOW, THEREFORE, l'HE CITY COUNCIL OF THE CITY OF AUBURN, WASIiINGTON, HEREBY RESOLVES AS FOLLQWS: Section 1. Purpose. The Aubum City Council does hereby authorize the City's Finance Director to sef 4he threshold for imposing the sales and use tax credit at Two Million One Hundred and Sixty Nine Thousand Five Hundred dollar§ ($2,169,500)for the Lea Hill annexation area. Section 2. Implementation. The Mayor of the City of Aubum is � hereby authorized to implement such administrative procedures as may be necessary to carry out the directions of this Resolution. Section 3. Effective Date. 7his Resolufion shall take effect and be in full force upon passage and signatures hereon. Resolution No. 4784 January 17, 2012 Page 2 of 3 DATED and SIGNED THIS �� DAY OF�*�.-�.�iu-�� , 2012. CI OF AUB 1 - �� ____ ATTEST: P ER B. LEWIS, MAYOR ���� �-J�J�/1'r�/ Da ' Ile E. Daskam, City Clerk APPROVED AS TO FORM: Daniel B. Heid, City Attorney Resolution No.4784 January 1T,2012 Page 3 of 3