3.70.040 Governing board.
A. The Anacortes City Council shall have the authority to exercise the statutory powers set forth in Chapter 36.73 RCW and this chapter.
B. To carry out the purposes of this chapter, and subject to the provisions of RCW 36.73.065, the city is authorized to impose the following taxes, fees, charges, and tolls:
1. A sales and use tax in accordance with RCW 82.14.0455;
2. A vehicle fee in accordance with RCW 82.80.140;
3. A fee or charge in accordance with RCW 36.73.120. Developments consisting of less than twenty residences would be exempt from the fee or charge under RCW 36.73.120; and
4. An ad valorem property tax as provided in RCW 36.73.060.
C. The city may authorize and issue general obligation and/or revenue bonds in the manner and subject to the restrictions set forth in RCW 36.73.070.
D. The city may form a local improvement district and impose assessments therefor and take those actions allowed, and subject to the limitations of RCW 36.73.0810.
E. As required by RCW 36.73.160(1), as the same may be amended from time to time, the city shall adopt the material change policy previously adopted by the Anacortes Transportation Benefit District No. 1 to address major plan changes that affect project delivery of the ability to finance the plan. (Ord. 2967 § 4, 2016; Ord. 2926 § 2(3.), 2014)