(1) The tax imposed by the city under this chapter will expire 20 years after the date on which the tax is first imposed.

(2) The finance director must provide notice to the city council and the mayor of the expiration date of the tax each year, beginning three years before the expiration date, and must also promptly notify the city council and the mayor of any changes to the expiration date.

(3) The finance director must report annually to the Washington State Department of Commerce, in accordance with the Department’s rules, on the collection and use of the revenue from the tax imposed under this chapter. (Ord. 1520 § 1 (Exh. A), 2023).