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HomeMy WebLinkAboutRES 4243 CITY OF RENTON, WASHINGTON RESOLUTION NO. 4243 A A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE CITY OF RENTON TO IMPOSE A SALES AND USE TAX AS AUTHORIZED BY 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 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 N0. 4243 WHEREAS, the Council finds that the true and actual net costs to provide municipal services to the annexation area totaled Three Million Eight Hundred and Fifty-Five Dollars ($3,000,855) for the City's fiscal year 2013 and the State's fiscal year July 1, 2013, to June 30, 2014; and WHEREAS, the Council finds and determines that the projected net costs to provide municipal services to the annexation area exceeds Four Million One Hundred Thirty-Four Thousand Dollars ($4,134,000) for the City's fiscal year 2015 and the State's fiscal year July 1, 2015, to June 30, 2016; 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; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES RESOLVE AS FOLLOWS: SECTION I. The above recitals are found to be true and correct in all respects. SECTION II. The Council does hereby determine the threshold amount in providing municipal services to the Benson Hill Communities Annexation Area is Four Million One Hundred Thirty-Four Thousand Dollars ($4,134,000) and that a tax rate of one-tenth percent (0.1%) shall be continued during the State's fiscal year starting July 1, 2015, to assist the City in providing municipal services to the area. SECTION I11. The Mayor is hereby authorized to implement such administrative procedures as may be necessary to carry out the directions of this Resolution. 2 RESOLUTION NO. 4243 SECTION IV. This Resolution shall take effect and be in full force upon passage and signatures hereon. PASSED BY THE CITY COUNCIL this 23rd day of February , 2015. - '/j- A JasonS th, City Cl k APPROVED BY THE MAYOR this 23rd day of Febru ry ' 2015. G�'� Lstvr Denis Law, Mayor yPN EYt �iii.Ef/r, Approved as to form: i* SEA Lawrence J. Warren, City Attorney TED "N' RES.1661:2/17/15:scr 3