HomeMy WebLinkAboutRES 4000CITY OF RENTON,WASHINGTON
RESOLUTION NO.4000
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 City Council of the City of
Renton,Washington,called for a special election to be held,at which election the question of
annexation was presented to the voters of the Benson Hill 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,the King County Records,Elections and Licensing Services Division
certified that the annexation had been approved by voters;and
WHEREAS,following a favorable vote on the annexation proposition,the City Council
of the City of Renton,Washington,adopted its Ordinance annexing said Benson Hill
Communities Annexation Area,an annexation area that has a population of at least ten thousand
people;and
WHEREAS,the City Council of the City of Renton,Washington,finds and determines
that the projected cost to provide municipal services to the annexation area exceeds the projected
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RESOLUTION NO.4000
general revenue that the City would otherwise receive from the annexation area on an annual
basis by at least $2,400,000;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 as authorized 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.
SECTION II.
The above recitals are found to be true and correct in all respects.
Purpose.The City Council of the City of Renton,Washington,
does hereby authorize the City's Finance Administrator to set the threshold for imposing the
sales and use tax credit at Two Million Four Hundred Thousand Dollars ($2,400,000)for the
Benson Hill Communities Annexation Area.
SECTION III.Implementation.The Mayor and City of Renton is hereby
authorized to implement such administrative procedures as may be necessary to carry out the
directions of this Resolution.
SECTION IV.Effective Date.This Resolution shall take effect and be in full
force upon passage and signatures hereon.
PASSED BY THE CITY COUNCIL this 2nd day of_M_a_r_c_h ,2009.
Bonnie 1.Walton,City Clerk
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RESOLUTION NO.4000
APPROVED BY THE MAYOR this 2nd day of Mareb =-"=,2009.
Approved as to form:
r::.._..,<"J1~'Go ......e>f...At.-rv-__.~t _
Lawrence 1.Warren,City Attorney
RES.1402:2/25/09:scr
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