The sales and use tax authorized by RCW 82.14.540 is imposed at the maximum rate authorized by the statute of 0.0073 percent of the selling price or value of the article used. The imposition and collection of the tax and the use of its proceeds will comply with the requirements of RCW 82.14.540.
(Ord. 3144 § 1 (Exh. A), 2020)
The moneys collected under this chapter may be used only for the following purposes and in conformance with RCW 82.14.540:
(1) 
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
(2) 
Funding the operations and maintenance costs of new units of affordable or supportive housing; or
(3) 
Providing rental assistance to tenants.
(Ord. 3144 § 1 (Exh. A), 2020)