The URL can be used to link to this page

Home My WebLink About1338 COMMISSIONERS' PROCEEDINGS-N 551 JEFFERSON COUNTY. WASHINGTON -XllLUMWi.<o.- I Where t.he trans:1ction involves the exch8nge in whole or in part of any real property or any est.c'.te or interest therein or any contrnct ri ght thp.reto for eny ot.her re8l property or estute or intere~;t. therein or contr;;ct right thereto there shllll be filed by or on behalf of each grantor the above !l.ffjd,'vit, which sr.1irJ eff.irl<tvit she,ll state the fair market value of the property so exchanged, and a tax shall be levi~d and collect.ed as t.o each t; ra nsfer. Where t.he transact.ion involved is 11 lease wi th an option in the lesee t.o buy reill property or any est!Jt,e or interest therein or CC)ntract right t.heceto, and the selling price is not. sluted in t.he instrument, the grant.or, grant.ee or the <1gent of either shall by affidcwi 1., state the option price intended and t.he tax levied he r'eundeI' shall be on such stated option price; PROVIDED, that if, upon execution ,lOd delivery of instrument of conveyance or transfer pursuant to such oplion, the actual considerAtion passing be greater than the option price stated in the affidavit filed at the time the lease \-rith option W<-iS executed, there is hereby levied and there shall be collected under this ordinnncB the tax on such addi tionc'l amount~; pr'ior to t. he time the deed is accepted for r p.cordinl:: j PROVIDED FURTHER, thi'll, where, by the inst.rument. of leaf;e, the leclse payment.s do not apply on t.he ultimate aales price, the tax levied hereunder shall not be paY[1ble until t.he option i.s eX,erei ~,ed and accepted. I Where the transaction involved const.i tutus a ::.;;\le of f;tHndi no: timber' under this ordinanc.e 8nn the sellin.:: price is st'.ited in such conveyance as being determinable in the futu:re on the basis of foot aLe removed or on a stumpat;e basis, it shall be the duty of the seller to execute and file with t.he County Treasurer the foregoing affidavit stating" in addi.tion to the other requiremE:nt~, the leE~,3l de~;cription of the real property on 'tlhich such standi.ng timber is loci.ted and an estimate, to the befit of his kno'::ledge, or the sellill~; pri ce ultimately to be received and shall pay to t.he COl.mty Treasurer under this ordinance a. sum equal to one per cent of such estimat.ed selling price, which sum shall not be credited by the treasurer to the school fund but shall be retained in a separate account. On the expirat.i on di:lte of such t>imber contr;.ct., if not extended, or at the time cutting and removal is complet.ed, whichever i.s earlier, it shall be the duty of seller to execute and file wi th the county treasurer an additionBl aff"irlhvi t in the above form sett.ing out the sellinc; price Rcr,ually paiel. In the event such amount results in a tax great.",r t.h an the sum theretofon! p,.Ji d on the esU milt.e the seller shall pay such additional amount to the county treasurer vlhc shall t.hereupon place this amount, together with the sum originally deposited, t.o the credit of the school fund in the usuel manner. In the vent such amount be less than the original estimate the treasurer is hereby directed to refund the excess payment to the taxpayer end credit the balance to the school fund as above. SECTIor~ VII. The treasurer shall retain and file the ori[;il1C.!l of'3uch affi.d<Jvit end shall furnish one copy to the county aesessor. SECTION VIII. Failure to furnish such affidavit. to the treasurer within thirty days after sele shall be a misdemeanor and, upon conviction thei'eor, Ule: seller shall be fined not less than ten nor more than fifty dollars. SECTION IX. Any person knowingly s\1euring falsely to any st[lLement of any materi ill m:tt.':C!r in such affidavit shall, upon convicnion thereof, in addi.tion to 3 n~' penalty imr,osed by ths laws of the State of :lashinL~ton, be fined not les3 than one hundred nor rr.ore tJ:an five hundred dollars. I SECTION X. The tax imposed hereunder sh all hfJCOme due and pF.lynh.l.e imm0,ii ;., \ "1)' ut the ti me of sale and, i.f not so paid within thirty days therp",ft(,r, ,:'hat 1. bp., r i nlur'i'.;t <mcl penalty at the raUl of one per cent per' mont.h from d',t(, of .:1,].8, whi.chi ntierf', t and penahy shalJ be added to the trlX c\Dd like',:ise bei,!' intere;3\. and penalty therafter. SECTT;nl XI. The proceeds of the t<.\X i.mI'os(~d !l'.:reund,~r shot \.\ \)p c!'E!dli.,,,d t.o t.he cOl:nt.y school fund monthly for dist.ributIoll to t.he ~lch(y,l rii~)tr'ict" enU.t1"d U](1r'1 to, I'F\C'VIDED: Lh,1t one per cent of t.he proceed!} or t.hLi t.UX f'ho'l11 bi.! c!'cdi.t.f'rl t,Q t.hl' C<J'in':' CUrT(,nt E:Tcn:".' Fund, out. or \'ihi.eh 011 C0~;t. Clnr:l expense 1)(' ;Idmjnls")l'in[; LI-lI'; orr1i n:lnr.e, i.r~(~! wi! nc: cost. of printi.n!.; st.amp!.J and forms of t:\fI'i oj. vj I~' owl n:G,~i r't ~ i.'flr! ot.h" I' f"'ll'm;; 'lIh l.eI. m,'\y b" necesfiCJry, shall be pn:ld. SI~r;TTUN XII. Thin ordinance i:.; deemed sev,:r',.dll.,! '"nd WI~' d()cl:"',,'1 ,n lly :'lI~' eUlll.t I,hr!\. '\flY s(~etion or sect.ions, OJ' ['ortion:, thel(.'of, I,r'" IllV:~' i.r!, .:1::.<11 h:,v'. 11'-' (': ',.,,1 (In Lh,... r"'''''Jillf,..rJ''I' ".r thlH orr1:1nl,ncp.. :;I,;CTI\,JI; XIII. I 'T'hi:.1 orcl.tnancc i.~J nl~C(~D~wr"y 1'01' Lhl; J.l!lm.!dt.;tl' :;'.I[,,,j'L 'If" c,."m~y cov,'r'r'rIIl!nl, :lnd iL~; exiBti.n/;; rutIle institllt.lon:: E,nd '!hall L~\I<(! err'eel May I., !"~,H, :Ind :'hllll !','m::'.n In uf'I',.,:1. untJl ond fnr.ll1oJ.rl. !'v:l.1y 1, 19~5). ADOPTED This ;~] r)t, dllY of Aprl J.,I."i~,(~. SEAL IJ'.lidW cw ,J1':rll-'[~W:l'-'N CUIIW!":' C 01,;r.,rrS" Illm.:flS AT1'EST: LYA I.,L J\HEY t;h'riJ-i;inIJn-- ___.. Qf.~l~~1 !'lIT NG I"qrlD_ H!~RTIL KH1l2,E --- M~~11;~"l,--_.---- HELEN J. EADS County J\udi tor an'd'ex:"offi clo Clerk of the Board.