Ordinance No. 6326

6326 - AN ORDINANCE creating a fund to be known as the Parks and Recreational Sidewalks Utility Tax Fund.

WHEREAS, on June 22, 2004, the Olympia City Council adopted Ordinance No. 6314, which increased the utility tax on telephone, telegraph, natural gas and electric power by 3%, subject to voter approval, for the purpose of acquiring and making improvements to parks, wildlife habitat, natural areas, open space, hiking and biking trails, walking paths, and recreation sidewalks; and

WHEREAS, at the September 2004 primary election, the qualified electors of the City of Olympia approved the 3% utility tax increase authorized by Ordinance No. 6314 ; and

WHEREAS, the 3% utility tax increase will take effect December 1, 2004; and

WHEREAS, the City of Olympia wishes to establish a separate fund from which to account for and appropriate the voter-approved 3% utility tax increase, allowing for more efficient accounting and demonstrating that the additional tax funds are utilized for the purposes approved; now, therefore,

THE OLYMPIA CITY COUNCIL ORDAINS AS FOLLOWS:

Section 1. There is hereby created in Chapter 3.04 of the Olympia Municipal Code a fund to be known as the Parks and Recreational Sidewalks Utility Tax Fund. There shall be deposited into said Fund the increase of three percent (3%) utility tax authorized by Ordinance No. 6314 and approved by a majority of electors voting in the September 2004 primary election, and other monies as may be deemed appropriate by the City Council.

Section 2. Funds in the Parks and Recreational Sidewalks Utility Tax Fund may be used as follows:

A. Utility tax monies collected under Ordinance No. 6314 may be used for purposes as set forth and as allocated in Ordinance No. 6314 and as amended; and

B. Other monies deposited in the Fund under Section 1 above may be used for any purpose set forth in or consistent with Ordinance No. 6314 and as amended.



_________________________________________
MAYOR
ATTEST:


__________________________________________
CITY CLERK

APPROVED AS TO FORM:


__________________________________________
CITY ATTORNEY
Hide details for Approved by the MayorApproved by the Mayor

Yes

Show details for Attest (City Clerk)Attest (City Clerk)
Hide details for Approved as to Form (City Attorney)Approved as to Form (City Attorney)

Yes

Passed: 10/26/2004
Approved: 10/26/2004
Published: 10/29/2004