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HomeMy WebLinkAbout59-99 - Ord. Imposing Additional Sales & Use Tax to be Credited Against State Tax for Purposes of Financing ORDINANCE NO , 59 - 99 IMPOSING AN ADDITIONAL SALES AP*il) USE TAX TO BE CREDITED AGAINST THE STATE TAX FOR PURPOSES OF FINANCING PUBLIC FACILITIES WHEREAS, the legislature has provided in Fnro; 11kd `14B 2260, being Chapter 311 , Laws of 1999 , for the imposition of a county sales and use taix for the henefit of rural counties ; and WHEREAS, the new law authorizes "diotressed counties" as defined in Chapter 366, Laws of 1997, more commonly known as Referendum 49, to irrapitsr an additional . 04% sales and use tax in addition to the . 04% previously authorized and Padopie.d ily Ordinance No . 41 -98 ; and WHEREAS, this additional sales and ust, tax autl: rrizarion is taken as a credit against the State portion of the sales and use tax and does not increase tl , e total tax rate ; and WHEREAS, this new revenue may only be ustt!d for rural county public facilities to encourage economic development; and WHEREAS, Mason County will benefit curl; C, c.nura.fing further economic development; NOW THEREFORE, BE IT ORDAIPT' D by th; Cormty Commissioners of Mason County, Ordinance No . 41 -98 is hereby amended as follr%iNvs : Section I. IMPOSITION OF TAX. Effeetive AtAgu :t 1 , 1999, the rate of the sales and use tax imposed shall be .08 per rent (.08 % ) . APPROVED this ti day of'. htne .19179. 1301 OF4CC)lk C01V1` S ERS Cynthia D . 5e5 'hairperson John A . Bolerd.: r, Conirais ioner Mary Jo C .,-, ro nisL.K'i. ATTEST: Uabe S . Rogers , Clerk of the arB6 dV D Michael Clift, Chief Deputy Prosecutor c: Treasurer, Auditor, Budget Director