Loading...
1176-ARecitals: RESOLUTION NO.1176 -A A RESOLUTION ESTABLISHING A POLICY REGARDING POSSIBLE UTILITY TAX ELIMINATIONS 1.The City of Moses Lake,Washington currently assesses a utility occupation tax upon certain providers of utility services within the corporate limits of the city pursuant to Moses Lake Municipal Code Chapter 3.30. 2.The impact of those utility tax assessments are passed through by the provider to the ultimate consumer as a cost of doing business. 3.The effect of certain of those utility tax assessments is to make the City of Moses Lake less attractive to certain employers because of the increased costs of doing business within the city as opposed to doing business without the city. 4.The City of Moses Lake favors the growth of the City of Moses Lake and encourages new employers to locate within or annex into the city. 5.The city also favors the growth of the city's assessed valuation and therefore tax base through the addition of property to the city. 6.Should new employers construct major new facilities within the City of Moses Lake or should employers annex existing major facilities into the city,an elimination of the revenues from the utility occupation tax upon certain utility providers could be offset by increased tax revenues due to an increase in the city's assessed valuation. The Council of the City of Moses Lake do resolve that upon the construction within or annexation into the City of Moses Lake of a facility where the increased prop erty tax revenues will at least offset the loss of utility occupation tax revenues and the cost of additional operating maintenance and capital costs,the City of Moses Lake will remove the utility occupation tax imposed upon providers of elec trical energy,light,and power pursuant to Moses Lake Municipal Code 3.30.050 _(B). Adopted by the City Council on August 23,1983. ATTEST: City Clerk