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HomeMy WebLinkAboutO-1085 - Water and sewer utility tax established (3.66)CIT Y 0 F MAR Y S V ILL E Marysvllle,Washlngton ORDINANCE NO -'0 as An Orolnance of the Clty of Marysvllle addlng a new chapter to Tltle 3 of the Marysvllle Mun1c1pal Code establlshlng a water and sewer ut1l1ty tax THE CITY COUNCIL OF THE CITY OF HARYSVILLE,WASHINGTON DO ORDAIN AS FOLLOWS Sectlon 1 Charge In L1eu of Tax There 15 hereby establlshed an ''In lleu of tax"charge u~on the Clty of Marysvllle's Water and Sewer Utll1ty,whlch charge shall be levled annually,wlth the flrst such levy belng effectlve on January 1,1980 Sectlon 2 Rate The rate for sald charge shall be equal to the C1ty'S property tax levy for the year In questlon,as establlshed and set by the SnohoIDlsh County Assessor Sald rate shall be applled to the book value of the Clty'S Water and Sewer Utlllty,before allowance for depreclatlon,as such value apDears on the Utll1tles books on July 1st of the preceedIng year SectIon 3 Revenues All revenue derIved from the charge lIDposed ln thIS chapter shall be deposlted 1n the General Fund of the Clty Pt~SED by'the Clty Councll and APPROVED by the Mayor thlS\~~ay of riO\le»'\~1979 THE ~~~RYSVILLE BY ....~..;;'ayor Attest Approved as to For~