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HomeMy WebLinkAboutRES 4333CITY OF RENTON, WASHINGTON RESOLUTION NO. 4333 A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, CERTIFYING THE CITY OF RENTON'S AUTHORITY TO IMPOSE A SALES AND USE TAX UNDER RCW 82.14.415 AS A CREDIT AGAINST STATE SALES AND USE TAX, RELATING TO ANNEXATIONS. 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 Communities 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 1 RESOLUTION NO. 4333 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 RCW 82.14.415(5)(a), such sales and use tax may be imposed for ten years from the date that each increment of the tax is first imposed; and WHEREAS, the City first imposed the sales and use tax related to the Benson Hill Communities Annexation Area on July 1, 2008, thus enabling the City to continue the tax imposition through June 30, 2018; and WHEREAS, pursuant to RCW 82.14.415(9), annually by March 1st, the City provides the Washington Department of Revenue with a certification of the City's true and actual costs to provide municipal services to the annexed area, a new threshold amount for the next fiscal year, and notice of any applicable tax rate changes; and WHEREAS, the Council finds that the true and actual net costs to provide municipal services to the annexation area totaled Three Million Nine Hundred Thousand Dollars ($3,900,000) for the City's fiscal year 2016 and the State's fiscal year July 1, 2016, to June 30, 2017; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DO RESOLVE AS FOLLOWS: SECTION I. The Council finds that the true and actual net costs to provide municipal services to the annexation area totaled Three Million Nine Hundred Thousand Dollars ($3,900,000) for the City's fiscal year 2016 and the State's fiscal year July 1, 2016, to June 30, 2017. 2 RESOLUTION NO. 4333 SECTION II. The Council does hereby determine that the threshold amount in providing municipal services to the Benson Hill Communities Annexation Area is Five Million Eight Hundred Thousand Dollars ($5,800,000) for the State's fiscal year July 1, 2018, to June 30, 2019. SECTION III. The Mayor is hereby authorized to implement such administrative procedures as may be necessary to carry out the directions of this Resolution. SECTION IV. This Resolution shall take effect and be in full force upon passage and signatures hereon. PASSED BY THE CITY COUNCIL this 26th day of February APPROVED BY THE MAYOR this 26th day of Approved as to form: Shane Moloney, City Attorney RES:1759:2/14/18:scr FE Denis Law, Mayor ,•�`'.� 0'F RAM'''% * = SEAL = ORArED SEQ; 2018. 3