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HomeMy WebLinkAboutORD 3872 Amended by Ordinance No. 4015 CITY OF RENTON, WASHINGTON ORDINANCE NO. 3872 AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON, AMENDING THE GROSS REVENUE TAX AS IT APPLIES TO THE WATER AND SEWER UTILITIES OF THE CITY OF RENTON WHEREAS for budgetary reasons, the City Council of the City of Renton has deteremined that it is fitting and appropriate to reduce the gross revenue tax on water and sewer utilities from its present rate to the rate of 5%, now therefore THE CITY COUNCIL OF THE CITY OF RENTON,WASHINGTON DO ORDAIN AS FOLLOWS: SECTION I: The gross receipts tax on the water and sewer utilities payable by those utilities to the Finance Department of the City of Renton shall be at the rate of 5% of the operating rate revenue of the water, sewer and Metro charges of those utilities. SECTION II: This Ordinance shall be effective upon its passage, approval and five days after publication. PASSED BY THE CITY COUNCIL this 3rd day of December, 1984 . Maxine E. Motor, City Clerk APPROVED BY THE MAYOR this 3rd day of December, 1984 . Barbara Y. inpoch, Mayor Approved as to form: Lawrence J. Warren, City Attorney Date of Publication: December 7 , 1984