HomeMy WebLinkAboutKIN 63 1836 Payment Installment
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CORPOU'tÎQN·::(IF TlÍETOWJt OF KIIiCARD
. '-' BI~1.A1f Ji~~ 1836
c~ 1960, Chapter 23,
of a -ewwa may by
to receive in any yea
ar in advance of the
instalment and to
WHEREAS it is provided by the Assessment
ct~OÐ 120, Subsection 5, that the Counei
y.J.,¡¡.wauthoriae the Treasurer or Collecto
~ats on account of the taxes for that
atè)':tixed by by-law for the patment of an
110Wa discount for such payment.
U IT THEBFODDACTBD and it is here by naèted by the Council
f the Corporation of the Town of Kincardinas follows:...
.The. Treasurer may receive in the year 196 payments on account
r the taxes in advance of the da)e due and he is hereby authoriz
o allew a discount on such taxes at a rate of discount according
f,Ülowing schedule, which approximates s nearly as may be th
atlil of five per cent per 1J1-- for each pe od stated, aotkith...
tanding that such taxes have not been levi d and that the assess
nt roll for the year 1964 has not been ad pted by the Council w n
uc:h advance payment is made. The said sche ullil of dmscount allo
or the difflilrlilnt periods of payment shall be as :tollows:~
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Cost
anuary
to to to
15th January 31st January 28thFebrua
IlO.QO 19.11 . 9.8& . 9.84
. 50.00 48.9; 49.05 49.20
00.00 98.10-' 98.10 98.40
Cost
s11
to
31st March
. 9.87
49.35
98.70
The cost of a certificate for any other ounts than the above
hall be in the same proportiona as the abo e cost bears to the
aunt of nBuh certificate respe ctively, if the Council should
ereafter issue prepayment certificates for the amounts other than
he a'gove-amounts.
. The Collector for the t.own shall deliver or mail postpaid to
aèh ratepayer of the town of Kincardine in accordance with Secti
15 of the Assesnaent Ac~, a notice on whic shall be written or
r1nted a cl1ncise statement of the time and manner of payments and
he rate of discount to be allowed and at a y time within fourteen
aye after such notice has first been given any ratepayer may take
vantage of this by-law regarding payment nd discount allowed
ere by .
. Tax Prèpayment Certificates shall be sol during the months of
nuary, February, March and April, only, i the year 1964, and on
resentation of any such certificates to th collector on or befor
e date when 1961t taxes be come due, the pu chaser shall be allowe
credit equal to the face value of each su h certificate so
resented, on account of taxes levied again t the ratepayer so
resenting the certificate in the year 1961t
SIGNED, SEALEDa~- FINALLY PASSED this 1'0 rth day of
October A.D. 196 . .' , :._v_ ./-.
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