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HomeMy WebLinkAbout01 002 interim tax 2001 e e e e TIlE CORPORATION OF TIlE MUNICIPALITY OF KINCARDINE BY-LAW NO. 2001 - 02 BEING A BY-LAW TO PROVIDE FOR AN INTERIM TAX LEVY AND TO PROVIDE FOR THE PAYMENT OF TAXES AND TO PROVIDE FOR PENALY AND INTEREST. WHEREAS Section 370(8) and (9) of the Municipal Act, Chapter M.45, R.S.O. 1990, as amended by Bills 106, 149, 164 and 140 provides that the Council of a local municipality may, in 2001, before adoption of the estimates for the year, pass a by-law to levy on the whole of the assessment for real property according to the last revised assessment roll, a sum not to exceed that which would be produced by applying 50 percent of the total amount of taxes for municipal and school purposes levied on each property class for the year 2000. NOW THEREFORE the Council of the Corporation of the Municipality of Kincardine ENACTS as follows: 1) An interim levy which will produce an amount not exceeding 50% of the total amount of taxes for municipal and school purposes levied on each property class for the year 2000. 2) That the dates for payment of taxes under this by-law shall be as follows: Due date of 1st installment... ......... ..................... March 1S\ Due date of 2nd installment...... ...... .................... April 2nd June 1st. Due date of 3rd installment.................................. 3) That a percentage charge of 1.25 per cent (1.25%) shall be imposed as a penalty for non-payment of taxes or any class or installment thereof on the first day of default and on the first day of each calendar month thereafter in which default continues up to and including December of each year. On all other taxes in default on January 1st, 2001, interest shall be added at the rate of 1.25 per cent (1.25%) per month or fraction thereof. 4) 5) Penalties and interest added on all taxes, of the interim tax levy, in default shall become due and payable and shall be collected forthwith as if the same had originally been imposed and formed part of such interim levy. .../2 - e . e 2001 Interim Taxation By-Law By-Law No. 2001-02 Page 2 of 2 6) That the Treasurer, not later than 21 days prior to the date that the first installment is due, shall give to the person taxed a printed notice specifying the amount of the taxes payable by delivering the notice or causing it to be delivered to or for that person at the person's residence or place of business or upon the premises in respect of which the taxes are payable. 7) That the notice shall include the due date for each installment and the particulars of the penalties imposed for late payment. 8) That the Treasurer be and is hereby authorized to accept part payment from time to time on account of any taxes due and to give receipt for such part payment, provided that acceptance of any such part payment does not affect the collection of any percentage charge imposed and collectable, under section 399, subsection 3 of the Municipal Act, in respect of non-payment of any taxes or any class of taxes or of any installment thereof. That taxes shall be payable to the Corporation of the Municipality of Kincardine and can be paid to the Treasurer at the Municipal offices, by pre-authorized payment, at any local financial institution in the Municipality of Kincardine which accepts such payments or in any other manner or location approved by Council. 9) That this by-law shall come into full force upon its final passage and may be cited as the "2001 Interim Taxation By-law". READ a FIRST, SECOND, and THIRD time and DEEMED TO BE PASSED this 10th day of January, 2001. ( Clerk Mayor