HomeMy WebLinkAboutORD 5367CITY OF RENTON,WASHINGTON
ORDINANCE NO.5367
AN ORDINANCE OF THE CITY OF RENTON,WASHINGTON,
AMENDING CHAPTER 11,UTILITY TAX,OF TITLE V (FINANCE AND
BUSINESS REGULATIONS)OF ORDINANCE NO.4260 ENTITLED
"CODE OF GENERAL ORDINANCES OF THE CITY OF RENTON,
WASHINGTON"BY ADDING TWO NEW SUBSECTIONS,"A",
PENALTIES FOR NONPAYMENT,AND "B",INTEREST.
THE CITY COUNCIL OF THE CITY OF RENTON,WASHINGTON,DOES ORDAIN
AS FOLLOWS:
SECTION I.Section 5-11-2,Utility Tax;When Due,of Chapter 11,Utility Tax,
of Title V (Finance and Business Regulations)of Ordinance No.4260 entitled "Code of General
Ordinances of the City of Renton,Washington"is hereby amended by adding two new
subsections A and B,to read as follows:
A.Penalties for Nonpayment:
A business enterprise who fails to remit the amount of utility tax when due
shall,in addition to all other penalties provided by law,pay a penalty of
five percent (5%)of the amount of tax due for the first month of
delinquency and an additional penalty of five percent (5%)for each
succeeding month of delinquency,but not exceeding a total penalty of
twenty five percent (25%)of the amount of such taxes due in any event.
B.Interest:
In addition to such penalties,any late payment of utility tax shall bear
interest at the rate of 12%per annum until paid.
SECTION II.
30 days after its publication.
ORDINANCE NO.5367
This Ordinance shall be effective upon its passage,approval,and
PASSED BY THE CITY COUNCIL this 7th day Of_--"A=p:....::r:....::i:....=l'---,2008.
Bonnie I.Walton,City Clerk
APPROVED BY THE MAYOR this 7th day of __A_p_r_i_1 ,2008.
Denis Law,Mayor
Approved as to form:
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Lawrence J.Warren,City Attorney
Date of Publication:4/12/2008 (summary)
ORD:1428 :2/1/08:scr
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