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HomeMy WebLinkAboutO-3089 - Maintaining Water & Sewer Gross Receipts Tax RateCITY OF MARYSILLE Marysville, Washington ORDINANCE NO. 3 0 8Cf AN ORDINANCE OF THE CITY OF MARYSVILLE MAINTAINING THE CITY WATER AND SEWER GROSS RECEIPTS TAX RA TE AT EIGHT AND ONE HALF PERCENT OF GROSS RECEIPTS FOR FIVE YEARS AND RETAINING THE LANGUAGE OF SECTION 3.65.010 OF THE MARYSVILLE MUNICIPAL CODE. WHEREAS, Ordinance No. 2885 requires the City Council to review the ordinance every two years; and WHEREAS, the City Council has reviewed Ordinance No. 2885 and section 3.65.010 of the municipal code; and WHEREAS, it is in the public welfare to continue the rate of the gross receipts tax at eight and one-half percent (8 Yz%); and WHEREAS, section 3.65.010 of the municipal code should remain unchanged for the next five years. THE CITY COUNCIL OF THE CITY OF MARYSVILLE, WASHINGTON, DO ORDAIN AS FOLLOWS: SECTION 1. Section 3.65.010 of the Marysville Municipal Code shall remain unchanged. SECTION 2. The rate of eight and one-half percent set by this ordinance shall automatically terminate without further action of the City Council five (5) years from the effective date hereof and the gross receipts tax rate shall reset to six and one half percent (6 Yz%). PASSED by the City Council and APPROVED by the Mayor this Z.l( day of M4rlk.r , 2018. Attest: By ~Yw, 6tv~ TINA ROCK, DEPUTY CITY CLERK Approved as to form: ~6N~i'CJRNEY Date of publication: 0:; 1 ~I / 1 '6 Effective Date (5days after publication): D 4-/0'? I 1 '6