Chapter 3.10
EXCISE TAX ON REAL ESTATE SALES
Sections:
3.10.010 Imposition—Statutory authority.
3.10.030 Payment time—Interest and late payment penalties.
3.10.050 Enforcement—Tax deemed lien on property.
3.10.010 Imposition—Statutory authority.
There is hereby imposed a excise tax as authorized by RCW 82.46.010(1), upon each sale of real property and as defined by RCW 82.45.032, occurring within the city of Othello. The tax shall be imposed upon and collected pursuant to Chapter 82.46 RCW, and amendments thereto, and Chapter 82.45 RCW and amendments thereto. (Ord. 1407 § 6 (part), 2014: Ord. 742 § 1, 1985).
3.10.020 Rate of tax.
The rate of the tax imposed by Section 3.10.010 shall be one-quarter of one percent of the selling price on each sale of real property, as set forth in RCW 82.46.010(1). (Ord. 1407 § 6 (part), 2014: Ord. 742 § 2, 1985).
3.10.030 Payment time—Interest and late payment penalties.
(a) The tax imposed herein is due and payable immediately at time of sale, and if not paid within thirty days thereafter, shall bear interest at the rate imposed by RCW 82.45.100 and amendments thereto.
(b) Penalties for failure to pay tax or a portion thereof shall be as imposed by RCW 82.45.100 and amendments thereto. (Ord. 1407 § 6 (part), 2014: Ord. 742 § 4, 1985).
3.10.040 Use of moneys.
The funds collected as a result of this tax will be used only to construct, reconstruct, repair, renew or landscape any public improvements as described in RCW 35.43.040, and amendments thereto. (Ord. 1407 § 6 (part), 2014: Ord. 742 § 4, 1985).
3.10.050 Enforcement—Tax deemed lien on property.
Any tax imposed by this chapter and any interest or penalties thereon is a specific lien upon each piece of real property sold, from the time of sale until the tax is paid, which lien may be enforced in the manner prescribed for the foreclosure of mortgages. (Ord. 1407 § 6 (part), 2014: Ord. 742 § 5, 1985).