2004/10/13 Council Agenda Packet

• EVE TT Ctil COVIA4aL.A3 . D'd masa ct, ° sub 7 PROJECT TITLE: Ordinance reflecting the increase in sales Consent COUNCIL BILL# OKLI C tax for Everett City Transit as X Action Originating Department passed by the voters in 10/6/04 First Reading Contact Person Ned Johnston Proposition No. 1, September 10/13/04 Second Reading Phone Number 257-8727 14,2004 by amending 10/13/04 Third Reading FOR AGENDA OF 10/6/04 Ordinance No. 557-78 (Ch.3.50 Public Hearing Everett Municipal Code). Initialed by: Department Head CAA Council President 21 Location Preceding Action Attachments Department(s)Approval Resolution 5509; Proposed Ordinance Ordinance No. 55-78 (Ch.3.50 EMC) Amount Budgeted Expenditure Required Account Number(s): Budget Remaining Additional Required DETAILED SUMMARY STATEMENT:On July 28,2004,Everett City Council passed Resolution No. 5509 which submitted to the voters of the City of Everett Proposition No. 1 to raise the sales and use tax for Everett Transit from three tenths of one percent to six tenths of one percent. On September 14,2004 the voters passed the increase. On September 24;2004 the Snohomish County Canvassing Board certified the election. Ordinance No. 557-78 (Chapter 3.50 EMC)reflects the old rate and must be changed to reflect Proposition No. l's increase of the rate to six tenths of one percent. The proposed ordinance amends sections 1 and 5 of Ordinance No. 557-78 (EMC 3.50.010 and EMC 3.50.050)to reflect the change in rate approved by the voters. The increase in sales and use tax from three tenths of one percent to six tenths of one percent dedicated for Everett Transit is scheduled to go into effect starting January 1,the first quarter of 2005. RECOMMENDATION(Exact action requested of Council): Approve ordinance reflecting the increase in sales tax for Everett City Transit as passed by the voters in Proposition No. 1, September 14,2004 by amending Ordinance No. 557-78 (Ch. 3.50 Everett Municipal Code). 37