HomeMy WebLinkAbout6588 ORDINANCE NO. 6 5 8 8
AN ORDINANCE OF THE CITY COUNCIL OF THE
CITY OF AUBURN, WASHINGTON, ESTABLISHING
THE LOCAL SALES AND USE TAX RATE FOR
LOCAL REVITALIZATION FINANCING FOR 2016
WHEREAS, the City of Auburn ("City") enacted Ordinance No. 6301 on
April 19, 2010, which established a local sales and use tax as provided for in
Section 39.14.510 of the Revised Code of Washington ("RCW"); and
WHEREAS, this tax is imposed in order to pay the debt service on Local
Revitalization Financing bonds in accordance with Chapter 39.14 RCW; and
WHEREAS, Chapter 39.14 RCW provides that the City shall, from time to
time, adjust the tax rate so that it is set at the rate reasonably necessary to
receive the state contribution over 10 months, in accordance with RCW
82.14.510(3); and
WHEREAS, the Local Sales and Use Tax Rate is set at a rate to generate
approximately $250,000.00 between July 1, 2016 through June 30, 2017, for
Local Revitalization Financing.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN,
WASHINGTON, DO ORDAIN as follows:
Section 1. The sales and use tax rate initially established in Section 3.2
of Ordinance No. 6301, and most recently amended by Ordinance No. 6494, is
hereby amended to .0209%, effective July 1, 2016.
Section 2. Implementation. The Mayor is hereby authorized to
implement such administrative procedures as may be necessary to carry out the
directions of this legislation.
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Ordinance No. 6588
January 21, 2016
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Section 3. Severability. The provisions of this ordinance are declared to
be separate and severable. The invalidity of any clause, sentence, paragraph,
subdivision, section or portion of this ordinance, or the invalidity of the application
thereof to any person or circumstance shall not affect the validity of the
remainder of this ordinance, or the validity of its application to other persons or
circumstances.
Section 4. Effective date. This Ordinance shall take effect and be in
force five days from and after its passage, approval and publicafion as provided
by law.
FIRST READING: FEB -1 1016
SECOND READING FEB 1 6'2016
PASSED: FEB 1 6 2016
APPROVED: FEB 1 6 2016
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NANCY BA 4 , MAYOR
ATTEST:
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Danielle E. Daskam, City Clerk
APPRO D A T ORM:
Da ' B. Heid, ity Attorne
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Published:,�.�,cuuy i9. z°iG�.-r�"'S`���
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Ordinance No. 6588
January 21, 2016
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