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HomeMy WebLinkAbout00 108 Capped Class Taxation e e e e ~ THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE BY-LAW NO. 2000 -108 A BY-LAW TO SET THE DUE DATES FOR PAYMENT OF TAXES FOR THE COMMERCIAL, INDUSTRIAL AND MULT-RESIDENTIAL ASSESSMENT CLASSES FOR THE YEAR 2000 WHEREAS the Council for The Corporation of the Municipality of Kincardine in accordance with the Municipal Act wishes to set the due dates for the payment of the taxes on the commercial, industrial and multi-residential assessment classes; NOW THEREFORE the Council for The Corporation of the Municipality of Kincardine ENACTS as follows: I) The dates for payment of taxes under this By-Law shall be as follows: DUE DAm of 4th installment October 2, 2000 DUE DAm of 5th installment December I, 2000 2. A percentage charge of one and one-quarter (1.25%) shall be imposed as a penalty for non-payment of and shall be added to every tax installment or part thereof remaining unpaid on the first day following the last day of payment of each such installment and thereafter an additional percentage charge of one and one-quarter (1.25%) shall be imposed and shall be added to every such tax installment or part thereof remaining unpaid on the first day of each calendar month in which default continues up to and including December of each year. 3. This By-law may be cited as the "Year 2000 Commercial, Industrial and Multi- residential Final Tax Due Dates By-law". READ a FIRST, SECOND and THIRD time and DEEMED TO BE PASSED this 30th day of August, 2000. ~~- Mayor -'