Chapter 5.36
BUILDING AND CONSTRUCTION TAX

Sections:

5.36.080    Disposition of proceeds – Creation of utility expansion fund.

5.36.085    Proceedings pending and tax liability not terminated.

5.36.110    Deferred payment.

5.36.080 Disposition of proceeds – Creation of utility expansion fund.

All proceeds from the tax collected under this chapter shall be paid into a special fund of the City, to be entitled the “Utility Expansion Fund,” which fund is hereby created. Said fund shall be used for the purpose of providing future capital improvements to meet the cost of expanding or increasing the capacity of the water and/or sewer utilities, including but not limited to the following items: purchasing land, constructing buildings and improvements, purchasing machinery, equipment and other capital-type facilities with which the City may improve, extend, oversize, and expand the water and sewer utilities. In addition, the fund may be used for the repayment of revenue bonds issued for the above purposes. In expending said fund for said purposes, the City may act alone or may exercise its powers jointly with any other public entity to accomplish any of the foregoing purposes for the benefit of the whole, or any portion of the City of Issaquah. (Ord. 1431 § 2, 1980; Ord. 1379 § 8, 1979).

5.36.085 Proceedings pending and tax liability not terminated.

The repeal effectuated in Section 1 of Ordinance 1531 shall not terminate or otherwise affect any pending administrative or judicial proceedings under the repealed sections of Ordinance 1379 or operate to forgive any tax due as of midnight June 30, 1982; and such proceedings and tax liability shall be conducted and continued as though the ordinance codified in this section was not enacted. (Ord. 1531 § 2, 1982).

5.36.110 Deferred payment.

Notwithstanding the provisions of Sections 6 and 7 of Ordinance 1379, any building permit applicant who has nonprofit status under the Internal Revenue Code and/or is registered as a nonprofit organization with the State of Washington may defer payment of the tax required by this chapter until the time of occupying the subject structure; and the full amount of the tax shall be due and payable to the City prior to the Building Official’s issuance of a certificate of occupancy for such dwelling unit or units, and/or commercial or industrial buildings. (Ord. 1485 § 1, 1981; Ord. 1379 § 14, 1979).