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ORD 2281 ORDINANCE NO . AN ORDINANCE reenacting Ordinance No . 2246 , adding a new section to Chapter 3 . 84 by imposing an additional excise tax of one - quarter ( 1 /4 ) of one ( 1 % ) percent on the sale of real estate within the corporate limits of the City of Camas as authorized by RCW 8204600350 WHEREAS , on November 22 , 1999 , the City Council enacted Ordinance No . 2246 , which imposed an additional excise tax of one - quarter ( 1 /4 ) of one ( I % ) percent on the sale of real estate within the City of Camas , and WHEREAS , Washington voters have approved Initiative 722 , which in part invalidates all tax and fee increases adopted by local governments between July 2 , 1999 , and December 31 , 1999 , and WHEREAS , several cities have filed suit challenging the constitutionality of Initiative 722 , and WHEREAS , due to the uncertainty surrounding the passage of Initiative 722 and the legal challenges thereto , the City desires to reenact the increase in the real estate excise tax , NOW , THEREFORE , THE COUNCIL OF THE CITY OF CAMAS DO ORDAIN AS FOLLOWS : Section I Ordinance No . 2246 , which imposed an additional excise tax of one - quarter ( 1 /4 ) of one percent ( I % ) on the sale of real estate within the City of Camas , is hereby reenacted , confirmed and ratified effective January 1 , 2000 . Section II There is hereby added to Chapter 3 . 84 of the Camas Municipal Code a new section to provide as follows : 3 . 84 . 015 - Additional Real Estate Excise Tax In accordance with RCW 82 . 46 . 035 , and in addition to the excise tax on the sale of real property imposed by Section 3 . 84 . 010 of the Camas Municipal Code , there is hereby imposed an excise tax on each sale of real property located within the corporate limits of the City of Camas at the rate of one - quarter ( 1 /4 ) of one ( I % ) percent ( 0 . 25 % ) of the selling price to be collected by Clark County as prescribed in RCW 82 . 46 . 060 . Proceeds from this additional tax shall be deposited in a separate account in the Growth Management Capital Proj ects Fund and expended only as authorized by law under RCW 82 . 46 . 035 ( 5 ) . Ordinance No . Page 2 Section III If any section , clause or phrase of this ordinance is declared unconstitutional or invalid for any reason , such decision shall not affect the validity of the remaining portions of the ordinance . Section IV This ordinance shall take force and be in effect five ( 5 ) days from and after its publication according to law . PASSED by the Council and APPROVED by the Mayor this day of December , 2000 . .w SIGNED : . Ma r ATTEST : Clerk APPR ED as to form : 9 )f 1 r Clt Attorney +k