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HomeMy WebLinkAbout12-93 - Res. Establishing Special Fund for Real Estate Excise Tax RESOLUTION NO. 12-93 WHEREAS, RCW 82.46.010 authorizes Mason County to impose an excise tax on each sale of real property in the unincorporated areas of the county at a rate not to exceed one-quarter of one percent of the selling price; WHEREAS,RCW 82.46.010 also states that the revenues from this tax shall be used by Mason County for local capital improvements, and the county shall identify in the county's adopted budget the capital projects funded in whole or in part from the proceeds of the tax; NOW THEREFORE BE IT RESOLVED,that the Board of County Commissioners in regular session (and after a proper public hearing) do hereby impose an excise tax on each sale of real property in the unincorporated areas of the county at a rate not to exceed one-quarter of one percent of the selling price effective March 1, 1993; BE IT FURTHER RESOLVED, that a special revenue fund be established for the receipt and expenditure of all revenues from this real estate excise tax;and that Mason County agrees to comply with all the requirements set forth in RCW 82.46 for the collection and use of this tax. APPROVED THIS 19TH DAY OF JANUARY, 1993. BOARD OF COUNTY COMMISSIONERS MASON COUNTY, WASHINGTON Z—L- William O. Hunter, Chairperson 1 r 13 r M. L. Faughender, Commissioner Laura E. Porter, Commissioner ATTEST: Rebecca S. Rogers, Clerk of the and 'PROVED AS TO FORM: (,,,/p1to6� ` � � Michael E. Clift c: File Auditor Treasurer Budget Director