Pursuant to RCW 82.29A.040 as the same now exists or may hereafter be amended, the city of Bothell hereby levies, on and after August 1, 1997, a leasehold excise tax upon the act or privilege of occupying or using publicly owned real or personal property within the city of Bothell through a “leasehold interest” as defined by RCW 82.29A.020, as the same now exists, or may hereafter be amended. The tax shall be paid, collected and remitted to the Department of Revenue at the time and in the manner prescribed by RCW 82.29A.050, as the same now exists or may hereafter be amended. (Ord. 1699 § 1, 1997).