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Resolutions: 833

Resolution Number

833 

Resolution Subject

City Council's support for Washington State Senate Bill No. 5851

Date Adopted

3/20/2017 

Repealed By

 

Amended By

 

Resolution

RESOLUTION NO. 833

 

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UNIVERSITY PLACE EXPRESSING THE CITY COUNCIL’S SUPPORT FOR WASHINGTON STATE SENATE BILL 5851 WHICH REQUIRES VEHICLE VALUE TAXES TO BE BASED ON THE PUBLISHED KELLEY BLUE BOOK OR NATIONAL AUTOMOBILE DEALERS ASSOCIATION VALUES RATHER THAN AN ARBITRARY DEPRECIATION VALUE

 

 

WHEREAS, current State law calculates taxes on vehicle value, including Sound Transit taxes, based on an arbitrary depreciation formula which has no relationship to a vehicle’s actual resale value; and

 

WHEREAS, the result is artificially high vehicle valuation resulting in higher taxes; and

 

WHEREAS, Washington State Senate Bill 5851, if adopted, requires vehicle taxes, including Sound Transit taxes, to be based on the published Kelley Blue Book or National Automobile Dealers Association vehicle values, rather than an arbitrary depreciation formula;

 

            NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF UNIVERSITY PLACE, WASHINGTON, AS FOLLOWS:

 

1.   Incorporation.  The recitals are hereby incorporated herein as if set forth in full.

 

2.   Expression of Support. The City Council of the City of University Place hereby expresses its support for Washington State Senate Bill 5851 which requires vehicle value taxes to be based on the published Kelley Blue Book or National Automobile Dealers Association vehicle values, rather than an arbitrary depreciation formula.

 

            3.   Effective Date.  This Resolution shall be effective immediately upon adoption by the City Council.

 

ADOPTED BY THE CITY COUNCIL ON MARCH 20, 2017.

 

 

 

 

                                                                                    ____________________________________
Javier H. Figueroa, Mayor

 

  

ATTEST:

 

 

_________________________________

Emelita Genetia, City Clerk

 

 

 

APPROVED AS TO FORM:

 

 

_________________________________

Steve Victor, City Attorney

 

 

Council Minutes

Regular Council Meeting Minutes-20170320-1355 

ResolutionID

Resolution:833-19020412-833 
Attachments
Content Type: Resolution
Created at 3/21/2017 9:12 AM  by Emelita Genetia 
Last modified at 4/4/2017 1:58 PM  by Emelita Genetia