HomeMy WebLinkAbout1881RESOLUTION NO. / 'YT/
A RESOLUTION of the City Council of the
City of Kent, Washmgton, determm1ng a new
threshold amount for the sales and use tax
authonzed by RCW 82.14.415 and cod1f1ed In
Chapter 3.27 of the Kent City Code, relat1ng to the
cost of prov1dmg municipal serv1ces to the Panther
Lake Annexation Area for the 2014 f1scal year, and
authonzmg the Finance Director to cert1fy the
threshold amount to the Washington State
Department of Revenue.
RECITALS
A. RCW 82.14.415 authonzes the City to impose a sales and use
tax as a credit agamst state reta1l sales and use taxes collected under
Chapters 82.08 and 82.12 RCW to ass1st the City m prov1d1ng mumcipal
services to newly annexed areas.
I
B. After providing all appropriate notice and following appropriate
procedure, and followmg a favorable vote on the annexation proposition,
the Kent City Council adopted Ordmance No. 3936 on December 8, 2009,
approvmg the Panther Lake Annexation Area effect1ve July 1, 2010. The
population w1thm the annexation area determined at the t1me of
annexat1on was 25,458 people.
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Panther Lake Annexation
C. On February 16, 2010, the City Council passed Ordmance No.
3947, creating Chapter 3.27 of the Kent City Code and 1mposmg the sales
and use tax at the rate of 0.2 percent.
D. On February 15, 2011, the City Council adopted Resolution
No. 1839 confirmmg the tax rate at 0.2 percent and authonz1ng the fmance
director to cert1fy the threshold amount for the 2011 f1scal year.
E. On February 7, 2012, through Resolution No. 1853, the City
Council adopted a new threshold amount for the 2012 fiscal year and
authonzed the fmance director to cert1fy the same.
F. On February 19, 2013, through Resolution No. 1871, the City
Council adopted a new threshold amount for the 2013 f1scal year and
authonzed the fmance director to certify the same.
G. With th1s Resolution, the City authonzes the 1mposit1on of
similar annexation sales and use taxes for the 2014 f1scal year.
H. The City Council of the city of Kent, Washmgton, fmds and
determines that the projected cost to prov1de municipal services to the
Panther Lake Annexation Area for the 2014 fiscal year Will be at least
$11,949,899, and that th1s cost exceeds the proJected general revenue
that the City would otherwise receive from the annexation dunng the 2014
f1scal year, wh1ch 1s estimated to be $7,719,122.
I. Pursuant to RCW 82.14.415, the city of Kent is authorized,
under the circumstances of this annexation, to 1mpose a sales and use tax
for the 2014 fiscal year, which shall be collected by the State department
of revenue from those persons who are taxable by the state under
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Panther Lake Annexation
Chapters 82.08 and 82.12 RCW, upon the occurrence of any taxable event
w1th1n the City.
J. The rate of tax imposed shall be 0.2 percent, and shall be in
addition to other taxes authorized by law, and the threshold amount for the
2014 f1scal year 1s $4,230,777.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT,
WASHINGTON, DOES HEREBY RESOLVE AS FOLLOWS:
RESOLUTION
SECTION 1. -Rate and Threshold Amount. The Kent City Council
determ1nes that the threshold amount for the City's proJected net cost m
providing mun1c1pal serv1ces to the Panther Lake Annexat1on Area for the
2014 fiscal year is $4,230,777. The City Counc1l prev1ously 1mposed a sales
and use tax at the rate of 0.2 percent, w1th the passage of Ordmance No.
3947 on February 16, 2010.
SECTION 2. -Implementation and certification. The Mayor of the
c1ty of Kent 1s authorized to implement admin1strat1ve procedures as may
be necessary to carry out the provisions of this resolut1on. The City's
Fmance Director IS authonzed to cert1fy the amount for the 2014 fiscal year
to the appropriate agenc1es Within the State of Washington.
SECTION 3. -Severability. If any section, subsection, paragraph,
sentence, clause or phrase of this resolution 1s declared unconstitutional or
mvalid for any reason, such decision shall not affect the val1d1ty of the
rema1n1ng port1ons of th1s resolution.
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SECTION 4. -Savings. Resolution No. 1871 shall remain in full
force and effect until the effective date of this resolutron.
SECTION 5. -Ratification. Any act consistent with the authority
and prror to the effectrve date of thrs resolutron rs hereby ratrfred and
affrrmed.
SECTION 6. -Corrections by City Clerk or Code Reviser. Upon
approval of the Crty Attorney, the City Clerk and the code revrser are
authorrzed to make necessary corrections to this resolution, rncludrng the
correctron of clerrcal errors; references to other local, state or federal laws,
codes, rules, or regulations; or resolutron numberrng and
sectron/subsection numberrng.
SECTION 7. -Effective Date. This resolution shall take effect and
be rn force immedrately upon its passage, however the rmpositron of the
sales and use taxes for the 2014 state frscal year authorrzed by this
resolutron shall not take effect untrl the commencement of that fiscal year.
PASSED at a regular open public meeting by the Crty Council of the
city of Kent, Washrngton, this ..y:d day of h~rvr:uv'1 , 2014.
'--'
CONCURRED in by the Mayor of the city of Kent this _L day of
kbn/a-r<j , 2014.
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ATTEST:
APPROVED AS TO FORM:
I hereby cert1fy that th1s is a true and correct copy of Resolution No.
/1'?/ passed by the City Council of the city of Kent, Washington, the
.L / ~t ,-:---_ / -z--· day of ~brc/c~-"(?J , 2014.
P \CIVII\Resolutlon\Annexatlon Sales Tax Threshold2014 docx
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