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HomeMy WebLinkAbout52-88 - Res. Distribution of PUD Excise TaxRESOLUTION 52-88 DISTRIBUTION OF PUD EXCISE TAX WHEREAS, the P.U.D. Excise Tax Monies which have accrued to the credit of Mason County have now been received in the total amount of $221,522.18; and WHEREAS, under Chapter 278, Session Laws of 1957, provision has been made for the distribution of said funds (RCW 54.28.090); NOW, THEREFORE, BE IT HEREBY RESOLVED by the Board of Mason County Commissioners that the following distribution of P.U.D. Excise Tax be made as follows: RECEIPTS P.U.D. Number 1 P.U.D. Number 3 DISTRIBUTION City of Shelton Computed as 3/4 of 1% of Gross Revenue from sales of electricity in the City of Shelton $ 27,902.05 $193,620.13 $ 36,842.33 Current Expense Fund $184,679.85 BE IT FURTHER RESOLVED, that the Treasurer of Mason County is hereby authorized and directed to make the distribution as herein set forth. DATED this 12th day of July, 1988. BOARD OF COUNTY COMMISSIONERS MASON COUNTY, WASHINGTO Chairperson Gibson issioner ager Commissioner McGee ATTEST: Clerk of the Board xc: Cmmrs Accounting Dept (2) Treasurer