HomeMy WebLinkAboutOrd 2561 - Real Estate Excise Tax (REET) Distribution - Public Safety PlanAN ORDINANCE OF THE CITY COUNCIL OF THE CITY
OF TUKWILA, WASHINGTON, REPEALING ORDINANCE
NO. 1674; AMENDING ORDINANCE NO. 1400 §4, AS
CODIFIED AT TUKWILA MUNICIPAL CODE SECTION
3.56.040, TO UPDATE REGULATIONS REGARDING
DISTRIBUTION OF REAL ESTATE EXCISE TAX;
PROVIDING FOR SEVERABILITY; AND ESTABLISHING
AN EFFECTIVE DATE.
WHEREAS, the City of Tukwila collects a 0.25% first quarter percent real estate excise
tax (REET1) on the sale of real property per RCW Chapters 82.45 and 82.46 and WAC
Chapter 458-61A; and
WHEREAS, per RCW Chapter 82.46.010, cities may use REET1 on capital projects
specified in the Capital Facilities Plan Element of their Comprehensive Plan; and
WHEREAS, the City has identified additional funding requirements relating to the Public
Safety Plan;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA,
WASHINGTON, HEREBY ORDAINS AS FOLLOWS:
Section 1. TMC Section 3.56.040 Amended. Ordinance No. 1400 §4, as codified at
Tukwila Municipal Code Section 3.56.040, "Distribution of Tax Proceeds and Limiting the
Use Thereof," is hereby amended to read as follows:
3.56.040 Distribution of Tax Proceeds and Limiting the Use Thereof
A. The County treasurer shall place 1% of the proceeds of the taxes imposed in this
chapter in the County current expense fund to defray costs of collection.
B. The remaining proceeds from City taxes imposed herein shall be distributed to
the City on a monthly basis, and shall be placed by the Finance Director in the Land
Acquisition, Recreation and Park Development Fund (301), and may be used in
conjunction with any project within this fund. Tax proceeds collected pursuant to this
chapter may also be placed by the Finance Director into the Public Safety Plan Fund
W: Word Processing\REET-Distribution of funds 12-1-17
LH:bjs Page 1 of 2
(305) or the City Facilities Fund (306), provided the tax funds placed therein are used
only for projects that are a part of the City's Public Safety Plan.
C. This section shall not limit the existing authority of this City to impose special
assessments on property benefited thereby in the manner prescribed by law.
D. The City Council shall review the distribution of the tax proceeds three years from
the date of the passage of this chapter.
Section 2. Referendum Procedure. This ordinance shall be subject to referendum
procedure set forth in RCW 82.46.021. Pursuant to that section, the City Clerk is hereby
designated as the filing officer for the referendum petition.
Section 3. Repealer. Ordinance No. 1674 is hereby repealed.
Section 4. Corrections by City Clerk or Code Reviser. Upon approval of the City
Attorney, the City Clerk and the code reviser are authorized to make necessary
corrections to this ordinance, including the correction of clerical errors; references to other
local, state or federal laws, codes, rules, or regulations; or ordinance numbering and
section/subsection numbering.
Section 5. Severability. If any section, subsection, paragraph, sentence, clause or
phrase of this ordinance or its application to any person or situation should be held to be
invalid or unconstitutional for any reason by a court of competent jurisdiction, such
invalidity or unconstitutionality shall not affect the validity or constitutionality of the
remaining portions of this ordinance or its application to any other person or situation.
Section 6. Effective Date. This ordinance or a summary thereof shall be published
in the official newspaper of the City, and shall take effect and be in full force five days
after passage and publication as provided by law.
PASSED BY THE CITY COUNCIL OF THE CI Y OF TUKWILA, WASHINGTON, at
a Regular Meeting thereof this � J R day of 2017.
ATTEST AUTHENTICATED:
Christy O'FI erty, MMC, City C rk Allan Ekberg, Mayor
APPROVED AS TO FORM BY:
Rachel B. Turpin, City Attorney
W: Word Processing\REET-Distribution of funds 12-1-17
LH:bjs
Filed with the City Clerk: 1�
Passed by the City Council:
Published: I
Effective Date: S J_
Ordinance Number:
Page 2 of 2
City of Tukwila Public Notice of Ordinance Adoption for Ordinances 2559-2562,
On December 4, 2017 the City Council of the City of Tukwila, Washington, adopted the
following ordinances, the main points of which are summarized by title as follows:
Ordinance 2559: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
TUKWILA, WASHINGTON, AUTHORIZING THE ISSUANCE OF ONE OR MORE
SERIES OF LIMITED TAX GENERAL OBLIGATION BONDS IN THE AGGREGATE
PRINCIPAL AMOUNT OF NOT TO EXCEED $20,000,000 TO FINANCE AND/OR
REIMBURSE COSTS RELATED TO THE ACQUISITION OF LAND AND THE
CONSTRUCTION, IMPROVEMENT AND EQUIPPING OF MAINTENANCE AND
OTHER CITY FACILITIES AND TO PAY COSTS OF ISSUING THE BONDS;
PROVIDING THE FORM, TERMS AND COVENANTS OF THE BONDS; PROVIDING
FOR THE DISPOSITION OF THE PROCEEDS OF THE SALE OF THE BONDS;
DELEGATING AUTHORITY TO APPROVE THE METHOD OF SALE AND THE FINAL
TERMS OF THE BONDS; AND PROVIDING FOR OTHER MATTERS RELATING
THERETO; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE
DATE.
Ordinance 2560: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
TUKWILA, WASHINGTON, ADOPTING A NEW CHAPTER OF THE TUKWILA
MUNICIPAL CODE RELATED TO VEHICLE TRESPASS, TO BE CODIFIED AS
TUKWILA MUNICIPAL CODE CHAPTER 8.26; PROVIDING FOR SEVERABILITY; AND
ESTABLISHING AN EFFECTIVE DATE.
Ordinance 2561: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
TUKWILA, WASHINGTON, REPEALING ORDINANCE NO. 1674; AMENDING
ORDINANCE NO. 1400 §4, AS CODIFIED AT TUKWILA MUNICIPAL CODE SECTION
3.56.040, TO UPDATE REGULATIONS REGARDING DISTRIBUTION OF REAL
ESTATE EXCISE TAX; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN
EFFECTIVE DATE.
Ordinance 2562: AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
TUKWILA, WASHINGTON, AUTHORIZING AND PROVIDING FOR THE ACQUISITION
OF INTERESTS IN LAND FOR THE PURPOSE OF COMPLETING THE 53RD
AVENUE SOUTH ROADWAY AND SURFACE WATER DRAINAGE SYSTEM
PROJECTS; PROVIDING FOR CONDEMNATION, APPROPRIATION, TAKING OF
LAND AND PROPERTY RIGHTS NECESSARY THEREFOR; PROVIDING FOR
PAYMENT THEREOF AND DIRECTING THE INITIATION OF APPROPRIATE
PROCEEDINGS IN THE MANNER PROVIDED BY LAW AND FOR SAID
CONDEMNATION; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN
EFFECTIVE DATE.
The full text of this ordinance will be provided upon request.
Christy O'Flaherty, MMC, City Clerk
Published Seattle Times: December 7, 2017