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HomeMy WebLinkAboutKIN 69 2100 Payment Installment THE CORPORATION OF THE TOWN OF KIN CARD NE BY-LAW NO 2100 ~ WHEREAS it is provided by the Assessment Act 196 Sectliøn 120, Subsection 5, that the Council of a Town .uthorize the Treasurer or Collector to receive in an n the account of the taxes for that year in advance fixed by by-law for the payment Sf any instalment and discount for such paymtnt. BE IT THEREFORE ENACTED and it is hereby enacted by the Council of the Corporation of the Town of Kincardine as folIo s:- , Chap. 23, may by By-law year payment f the date to allow a 1. The Treasurer may receive in the year 1970 payme ts on account of the taxes in advance of the date due and he is her by authorized to all~w a discount on such taxes at a rate of disco t according to the following schedule, which approximate as nearly a may be the rate of five per cent per annum for each period stated, no withstanding that sueh taxes have not been levied and that the ass ssment roll for the year 1970 has not been adopted by the Council when su h advance payment is made. The said schedule of discount allowed for t e different periods of payment be as fol10ws:- ----------------------------------------------------- ------------------- _ 10.00 . 50.00 , __ .100.00 1st Jan. to 15th Jan. 9.79 48.95 97.90 16th Jan. to 31st Jan. 9.81 49.05 98.10 1st March to 1st Marc 9. 49.35 98.70 1st Feb. to 28th Feb. 9.84 49.20 98.40 The cost of a certificate for any other amounts shall be in the sæme proportions as the above cost be amount ef each certificate respectively, if the Counc hereafter issue prepayment certificates for the amoun the above amounts. 2. The Cellector for the Town of Kincardine shall d postpaid to each ratepayer of the Town of Kincardine with Section 115 of the Assessment Act, a notice on 'II written or printed a concise statement of the time an payment and rate of discounts allowed and at any time teen days after such notice has first been given any take advantage of this by-law regarding payment and d thereby. tIÞ 3. TaxErepayment Certificates shall be sold during ..January, February, March and April, only in the year ~n presentation of any certificates to the collector the date when in 1970 tax.. become due, the purchaser a credit equal to the face value of each such certifi on account of taxes levied against the ratepayer pres ce~9i~~te in hhe year 1970. . ~~;;..' - -.. '-"'~J y ~ ~ Ë..EÄ~a FIRB)'-. and SECOND time this ;......- .2 .._~. ~- ':. ......:=;. ,.. - - ~ ~ : - .....' "- - ... ..:;; - ,-.,;.."" -::.-:.-::, ,,-,,-,~-- *dr~~ ·Clerrc-··..../'~ . 7th 1st April to 15th April 9.94 b.9.70 <')9.40 han the above rs to the 1 should other than liver or mail n accordance ich shall be manner of within four- atepayer may scount allowed he months of f 1970 and n or before shall be allowed ate presented, nting the day of November 1969. READ . THIRD TIME and FINALLY PASSED this 7th N~.è.~-._ 1969. ,~'¡ -~\: ~ \¿Jt'1!~ _~,.;,r V' ..."- _" -...:.::.; ~:... ~ '-'~'.:~> ...~~- day of