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HomeMy WebLinkAbout5454 RESOLUTION NO. 5454 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, DECLARING THE CITY'S INTENT TO ADOPT LEGISLATION TO AUTHORIZE A SALES AND USE TAX FOR AFFORDABLE AND SUPPORTIVE HOUSING WHEREAS, in the 2019 Regular Session, the Washington State Legislature approved, and the Governor signed, Substitute House Bill 1406 (Chapter 338, Laws of 2019) ("SHB 1406"); and WHEREAS, SHB 1406 authorizes the governing body of a city or county to impose a local sales and use tax for the acquisition, construction, or rehabilitation of affordable housing or facilities providing supportive housing, for the operations and maintenance costs of affordable or supportive housing, or, if eligible, for providing rental assistance to tenants; and WHEREAS, the tax will be credited against state sales taxes collected within the City and, therefore, will not result in higher sales and use taxes within the City and will represent an additional source of funding to address housing needs in the City; and WHEREAS, SHB 1406 requires the governing body to adopt a resolution of intent to authorize the maximum capacity of the tax within six months of its effective date, or January 28, 2020. It also requires the governing body to adopt legislation to authorize the maximum capacity of the tax within twelve months of the effective date of SHB 1406, or July 28, 2020; and WHEREAS, as required by SHB 1406, this resolution declares the City Council's intent to impose a local sales and use tax as authorized by SHB 1406; Resolution No. 5454 September 10, 2019 Page 1 of 2 Rev.2019 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, RESOLVES as follows: Section 1. Resolution of Intent. The City Council declares its intent to adopt legislation to authorize the maximum capacity of the sales and use tax authorized by SHB 1406 within one year of the effective date of SHB 1406, or by July 28, 2020. Section 2. Further Authority; Ratification. All City officials, their agents, and representatives are authorized and directed to take any action to carry out the terms of this resolution. All acts taken consistent with the authority of this resolution but prior to its effective date are ratified. Section 3. This Resolution will take effect and be in full force on passage and signatures. Dated and Signed: 16th day of September, 2019 CITY OF AUBURN ANCY KUS, MAYOR ATTEST: APPROVED AS TO FOR : A ,A14. Shawn Campbell, MMC, City Clerk en L. Gross, City Attorney Resolution No. 5454 September 10, 2019 Page 2 of 2 Rev.2019