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HomeMy WebLinkAboutRES 4371 CITY OF RENTON, WASHINGTON RESOLUTION NO. 4371 A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, REPORTING THE NET COSTS OF PROVIDING MUNICIPAL SERVICES TO AN ANNEXATION AREA IN SUPPORT OF A SALES AND USE TAX AUTHORIZED BY RCW 82.14.415 AS A CREDIT AGAINST STATE SALES AND USE TAX. WHEREAS, state law authorizes the reallocation of the sales tax already collected by the state to be remitted to the City to assist with funding the costs of certain newly annexed areas; and WHEREAS, in accordance with Chapter 35A.14 RCW, the Council called for a special election to be held, at which election the question of annexation was presented to the voters of the Benson Hills 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 annexation area; and WHEREAS, King County Elections certified that the annexation had been approved by voters; and WHEREAS,following a favorable vote on the annexation proposition,the Council adopted its Ordinance annexing said Benson Hill Communities Annexation Area effective March 1, 2008, an annexation area that has a population greater than ten thousand (10,000) people; and WHEREAS, the Council finds that the true and actual net costs to provide municipal services to the annexation area totaled Four Million Three Hundred Forty-Four Thousand Dollars 1 RESOLUTION NO. 4371 ($4,344,000) for the City's fiscal year 2017 and the State's fiscal year July 1, 2017, to June 30, 2018; and WHEREAS, pursuant to RCW 82.14.415, the City is authorized, under the circumstances of this annexation, to impose a sales and use tax, with that tax being a credit against the state tax; and WHEREAS, pursuant to the time limits established in RCW 82.14.415(5)(a), this is the City's final report of its true and actual net costs to provide municipal services to the annexation area in support of such a sales and use tax; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO RESOLVE AS FOLLOWS: SECTION I. The above recitals are adopted by the Council. SECTION II. The Mayor is hereby authorized to implement such administrative procedures as may be necessary to carry out the directions of this Resolution. SECTION III. This Resolution shall take effect and be in full force upon passage and signatures hereon. PASSED BY THE CITY COUNCIL this 25th day of February, 2019. r Jason eth, City rc APPROVED BY THE MAYOR this 25th day of February, 2 9. 1? )/ducoco Denis Law, Mayor 2 RESOLUTION NO. 4371 Approved as to form: Shane Moloney, City Attorney SEAL * RES:1803:2/11/19:scr rr�dd�'� t, 1111Hti 1N �\\6 `- 3