A.
As authorized by RCW 82.14.540, there is imposed a sales and use tax, upon every taxable event, as defined in Chapter 82.14 RCW, occurring within the Town of Woodway. The tax shall be imposed upon and collected from those persons from whom the state sales tax or use tax is collected pursuant to Chapters 82.08 and 82.12 RCW.
B.
The rate of the tax imposed by this chapter shall be 0.0073 percent of the selling price or value of the article used.
C.
The tax imposed under this chapter shall be deducted from the amount of tax otherwise required to be collected or paid to the Department of Revenue under Chapter 82.08 or 82.12 RCW. The Department of Revenue will perform the collection of such taxes on behalf of the Town of Woodway at no cost to the Town.
D.
Moneys collected under this chapter must be used solely for those purposes set forth within RCW 82.14.540, which include, but are not limited to: acquiring, rehabilitating, or constructing affordable housing, which may include new units of affordable housing within an existing structure or facilities providing supportive housing services under RCW 71.24.385, or funding the operation and maintenance of new units of affordable housing or supportive housing or for providing rental assistance to tenants and other affordable and supportive housing purposes.
(Ord. 20-616 § 1 (Exh. A (part)), 2020)