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2835ORDINANCE NO.2835 AN ORDINANCE AMENDING CHAPTER 3.27 OF THE MOSES LAKE MUNICIPAL CODE ENTITLED "REAL ESTATE EXCISE TAX:1986" THE CITYCOUNCIL OF THE CITYOF MOSES LAKE,WASHINGTON ORDAINS AS FOLLOWS: Section 1.Chapter 3.27 of the Moses Lake Municipal Code entitled "Real Estate Excise Tax:1986"is amended as follows: 3.27.050 Imposition ofAdditional RealEstate Excise Tax:Thereis hereby imposed a real estate excisetax as authorizedby RCW 82.46.035(2),uponeverytaxable event,as defined in RCW 82.46.035(2), occurring within the City ofMosesLake.Thetaxshallbe imposed upon and collected from those persons who are taxableby the state under RCW Chapter82.45.Thetax shall be imposed and collected on all real estate transactions recorded with Grant County beginning March 13,2015. The tax levied herein shall sunset at the end of calendar year 2018,unless the CityCouncil has alreadyrepealed thetaxor unless the City Council adopts an ordinanceextendingthe duration of the tax. Section 2.This ordinance shall take effect and be in force five (5)days after its passage and publication of its summary as provided by law. Adopted by the City Council and signed by its Mayor on December Todd Voth,Mayor ATTEST: W.Robert Taylor,Finance Director APPROVED AS TO FORM: _l£JJ mi ,^-^L Katheh'he L.Kenison,City Altorne^