Ordinance 28990006.030.007
WSS/are
09/08/92
ORDINANCE NO. 2899
AN ORDINANCE OF THE CITY OF EDMONDS,
WASHINGTON, AMENDING THE PROVISIONS OF
SECTION 3.20.050 OCCUPATION SUBJECT TO TAX -
AMOUNTS PARAGRAPH A PUBLIC UTILITY DISTRICTS
TO IMPOSE AN ADDITIONAL THREE-QUARTERS OF ONE
PERCENT UTILITY BUSINESS AND OCCUPATION TAX,
PROVIDING FOR THE EXPIRATION OF THE ADDITIONAL
PERCENTAGE AT THE PAY OFF DATE OF CERTAIN
BONDS WHOSE REPAYMENT WAS FUNDED WITH THE
MONIES AND FIXING A TIME WHEN THE SAME SHALL
BECOME EFFECTIVE.
WHEREAS, it is deemed to be in the public interest to
issue bonds for the construction of a public works facility, and
WHEREAS, the City wishes to provide monies for repayment
from a utility business and occupations tax but wishes to provide
for automatic expiration of the additional three-quarters of one
percent levied for the purpose of repayment at the date the bond
obligations expire NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, DO
ORDAIN AS FOLLOWS:
Section 1. Section 3.20.050 of the Edmonds City Code,
Paragraph A is hereby amended to read as follows:
3.20.50 OCCUPATION SUBJECT TO TAX - AMOUNTS,
(A) Public utility districts. Upon every
person, firm, corporation or other entity
engaged in or carrying on the business of
selling or furnishing electrical energy and
power a fee or tax equal in the following
WSS28750.1\0006.030.007 - 1 -
percentages is levied upon the total gross
income from such business within the City of
Edmonds during the tax year for which the
license is required:
1) A fee or tax equal to six
percent.
2) Until December 31, 2013 an
additional three-quarters of
one percent for a total of six
percent shall be levied,
provided, however that the
additional three-quarters of
one percent shall automatically
expire and be repealed on
December 31, 2013.
3) Provided, however, that there
shall be no tax or fee upon
revenues derived from the sale
of electricity for the purposes
of resale.
Section 2. Effective December 31, 2013, the preceding
Section 1 amending ECC 3.20.050(A) and the new subparagraphs
thereof is and shall be repealed and in its place enacted section
to read as follows:
NSS28750.1\0006.030.007 -2-
1 4
3.20.050 OCCUPATION SUBJECT TO TAX - AMOUNT
A. Public utility districts. Upon every
person, firm, corporation or other entity
engaged in or carrying on the business of
selling or furnishing electrical energy
and power, a fee or tax equal to five and
one -quarter percent of the total gross
income from such business within the City
of Edmonds during the tax year for which
the license is required; providing,
however, that there shall be no tax or
fee from revenues derived from the sale
of electricity for the purposes of
resale.
Section 3. The provisions of this ordinance are
legislative acts not subject to referendum. Section 1 shall be
effective from and after five days from the date of posting and
publication. Section 2 shall be effective on January 1, 2014, said
date being more than five days after the date of publication and
posting.
WSS28750.1\0006.030.007 - 3 -
APPROVED:
MAYOR, U M. ALL
ATTEST/AUTHENTICATED:
C Y CLERK,14RHONDA J. MARCH
APPROVED AS TO FORM:
OFFICE OF THE CITY ATTORNEY:
13*4
FILED WITH THE CITY CLERK: September 9, 1992
PASSED BY THE CITY COUNCIL: September 14, 1992
PUBLISHED: September 20, 1992
EFFECTIVE DATE: September_ 25, 1992
ORDINANCE NO. 2899
NSS28750.1\0006.030.007 - 4 -
STATE OF WASHINGTON,
COUNTY OF SNOHOivISH,
On the 14th day of Septem,
ber, 1992, the City Council of
the City of Edmonds, passed
Ordinance No. 2899. A
summary of the cantent of scfId
ordinance: consisting of, the
WITH THE MONIES A14D
FIXING A TIME WHEN THE
SAME SHALL_ BECOME
EFFECTIVE.
The full text of this
Ordinance wilt be mailed upon
request.
DATED this 15th doy, of
September 1992.
RHON15A J. MARCH
City Clerk
Published: SeptSeptembor 20, 1`59?.
Affidavit of Publication
The undersigned, being first duly sworn on oath deposes and says
that she is Principal Clerk of THE HERALD, a daily newspaper
printed and published in the City of Everett, County of Snohomish,
and State of Washington; that said newspaper is a newspaper of
general circulation in said County and State; that said newspaper
has been approved as a legal newspaper by order of the Superior
Court of Snohomish County and that the notice ..........................
.......S.umma.ry _of._Ordinance No. 2899
...................................................................
City of Edmonds
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......................................................................... .............................................................
a printed copy of which is hereunto attached, was published in said
newspaper proper and not in supplement form, in the regular and
entire edition of said paper on the following days and times, namely:
September 20� 1992
........................................
and that said _news aper was regularly distributed to its subscribers
during all -'of said =od.
.......... .... ......... .....,...-................- ....................
Principal Clerk
Subscribed and sworn to before me this ...... z 1 s t
September 92
�•= day of ........................
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Notary Public in and for" n on,
residing at Everett, Sno Qm' aunty.
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