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HomeMy WebLinkAboutOrd 1674 - Real Estate Transfer Tax for Land Acquisition Cover page to Ordinance 1674 The full text of the ordinance follows this cover page. Ordinance 1674 was amended or repealed by the following ordinances. REPEALED Section(s) Repealed Repealed by Ord # 2561 ;LA, Ij+ s jf s I i 5 1908 Tu kwi*la it o Washington Ordinance No. 7 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, AMENDING ORDINANCE 1400 AND TUKWILA MUNICIPAL CODE CHAPTER 3.22, BY PLACING REAL ESTATE TRANSFER TAX PROCEEDS INTO THE LAND ACQUISITION, RECREATION AND PARK FUND (301) FOR USE OF ANY PROJECTS WITHIN SUCH FUND; PROVIDING FOR SEVERABILITY, AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the City desires to fund necessary Capital Improvement Projects; and WHEREAS, the City desires to fund all projects in the Land Acquisition, Recreation, and Park Fund (301); NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section 1. Ordinance 1400, adopted on September 2, 1986, Section 4(2), as codified at TMC 3.22.040(b) is hereby amended to read as follows: 3.22.040 Distribution of Tax Proceeds and Limitin¢ the Use Thereof. (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) for use in conjunction with any project within this Fund. Section 2. Severability. If any section, sentence, clause or phrase of this ordinance should be held to be invalid or unconstitutional by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of any other section, sentence, clause or phrase of this ordinance. Section 3. Effective Date. This ordinance shall be in full force and effect on January 1, 1994, which is more than five (5) days after passage and publication as required by law. 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. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this SC day of 1993. ?'iN-Y 1. Lc:��)i Jot W. Rants, Mayor ATTEST /AUTHENTICATED: 11 6:� O ne E. Cantu, City Clerk APPROVED AS TO FORM: f Office of the City Attorney FILED WITH THE CITY CLERK: /O -fi PASSED BY THE CI TY COUNCIL: PUBLISHED: a y 3 EFFECTIVE DATE: ORDINANCE NO.: (o 7 SUMMARY OF ORDINANCE NO. /6 7y AN ORDINANCE OF THE CITY OF TUKWILA, WASHINGTON, AMENDING ORDINANCE 1400 AND TUKWILA MUNICIPAL CODE CHAPTER 3.22, BY PLACING REAL ESTATE TRANSFER TAX PROCEEDS INTO THE LAND ACQUISITION, RECREATION AND PARK FUND (301) FOR USE OF ANY PROJECTS WITHIN SUCH FUND; PROVIDING FOR SEVERABILITY, AND ESTABLISHING AN EFFECTIVE DATE. On /�O7,cP/yy1A.L1 /993 the City Council of the City of Tukwila passed Ordinance No. /r 7' placing real estate transfer tax proceeds into the 301 Fund for use of any projects within such fund; providing for severability, and establishing an effective date. The full text of this ordinance will be mailed without charge to anyone who submits a written request to the City Clerk of the City of Tukwila for a copy of the text. APPROVED by the City Council at its meeting of Y3 Published Seattle Times: November 5, 1993 'J Ja e E. Cantu, City Clerk �7