HomeMy WebLinkAboutKIN 65 1904 Payment Installment
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THÈ CORPORATION OF THE TOWN OF KI CARDINE
BY,..LAW NO. 1904
WHEREAS it is provided by t he Assessment
seçtion 120, subsection 5, that the Council 0
"13y-la'w authorize. the Treasurer or Collector t
payìnenton account of the taxes for that year
''date fiEed bybY"lawfor t he payment of' any i
(:allQ'lfa discount f'or such payment.
A
ct 1960,Chap.23,
a Town may by
receive .inafiy year
in advance of' the
stalmentand to
BElT THEREFORE.ENACTED and it is herebye nacted by the CouncU.
of 'the Corporation of'the Town' of Kincardine sfollows;-
'1. The treasurer may receive in the year 196
Of' the taxes in advance of the date due and h
to allow a discount on such taxes at a rate 0
'too t}:¡e f'ollowing schedule, which approxima tea
the rate of' f'ive per cent per annum for each
withstanding that suchntaxeshave not been lev
assessment roll for the year 1966 has not bee
Council when such advance payment is made. T
discount allowed, f'or the different periods of'
as follows:.-
~ ~ - 1st Jañu,ªrY I6thJañuãry 1st FebrÜa-ry-
to to to
. 15th January 31st January 28th February
10.00 $ 9.79 9.81 9.84
>50.00 48.95 49.05 49.20
$¡OO.OO 97.90 98.10 98.40
payments on account
isliereby authorized
dis~ount according
as nearly as may be
eriod st.sted,. not-
ed ànd that the
adopted hy the
e saidsêhedule of
p~yment shall be
st March - ïstÃpriï -
to to·...
31st IV!arch 15th Aprit.
9.87 9.94
49.3S 49.70
98.7íj 99.40
.,
The cost of' a certLficate for any other amoun s than the .above
shall be in the. sallle.. proportions as the above cost bears to the
amount of each cert.H'icaterepectively, if th Council should
hereàfter issue prepayìn~nt· certificates for t .e. amount other
'" :t;.}:¡an the above amount.s.·
2. The Collector for the Town shall deliver r måii past paid
to each ratep.ayer Of the Town of Kincardine i aceordance with
Sect.i.on 115 of the Assessment Act,a notice 0 which shall be
, written or printed .a concise statement of the time and manner of'
payments aiui the r¡¡¡.te of discount to be allow d and at any time K
'l{.Ì.thin fourt<éenday~ .af'ter such notice has fi st been given any
ratepayer maytà:keâdv.antage. .of this by-law r garding payment and
'd'iscount allowedt<hereby.
3. Tax. prepayment. Certificates shall be sold
of January, February, March and April, only i
and on presentation of any such certificates
on 6r Before the date when 1966 taxes become
.sha1.l be allowedaiiredit equal to the face v
¢ertitlcatEi! presën~ed,..on account of taxes Ie
ratepayer so presenting the certificate in th
SIGNEt). 'S];ALED and FINALLY PASSED this First
·October
A.D. 1.965.
,
't
"d#71f"~
'Cle
Mayor
"""""'"" _.,~~-
dµringthe. months
the ýear 1966,
o the Collector
ue. the purchaser
luè Of. each such
i.lid against the
year 1966.
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