There is imposed an additional tax of one-quarter of one percent of the selling price on each sale of real property within the corporate limits of the city. Said tax is adopted pursuant to that authority set forth in RCW 82.46.035 for those cities that are required to plan under the provisions of RCW 36.70A.040(1), being a portion of the Growth Management Act. Said tax shall be collected and enforced in accordance with the terms of this chapter. (Ord. 948 §1, 1992).