There is levied and imposed an excise tax upon each sale of real property within the corporate limits of the city, at a rate of one quarter of one percent of the selling price of the real property.
(Ord. 785 § 1, 1986)
The tax imposed by this chapter is an obligation to be paid by the seller of the parcel of real estate. Collection of the tax may be enforced pursuant to RCW 82.46.050 as now enacted or hereafter amended.
(Ord. 785 § 4, 1986)
The county treasurer shall collect the tax and shall issue evidence of payment pursuant to RCW 82.46.060 as now enacted or hereafter amended. The funds shall be used for municipal capital improvements only.
(Ord. 785 § 5, 1986)
There is established the public works capital improvement fund into which the revenues shall be deposited and from which expenditures for municipal capital improvements may be made.
(Ord. 785 § 6, 1986)
In accordance with RCW 82.46.035, there is hereby imposed an additional one quarter of one percent excise tax on the selling price of each sale of real property located within the corporate limits of the city of Leavenworth, Washington, to be collected by the Chelan County treasurer as provided in RCW 82.46.060. The proceeds from this additional real estate excise tax shall be deposited in a separate account in the municipal capital improvements fund and shall be expended as authorized under RCW 82.46.035(5).
(Ord. 1278 § 1, 2006)