HomeMy WebLinkAbout02 004 interim tax by-law
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KBT
THE CORPORATION OF THE MUNICIPALITY OF KINC INE
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BEING A BY-LAW TO PROVIDE FOR AN INTERIM TAXI LEVY AND TO
PROVIDE FOR THE PAYMENT OF TAXES AND TO PROVIDf FOR PENALTY
AND INTEREST. i
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BY-LAW
NO. 2002 - 04
WHEREAS Section 370 of the Municipal Act, Chapter M 45, R.S.O. 1990
provides that the Council of a local municipality may, in 2002, fore adoption of
the estimates for the year, pass a by-law to levy on the whole f the assessment
for real property according to the last revised assessment II, a sum not to
exceed that which would be produced by applying 50 percent f the total amount
of taxes for municipal and school purposes levied on an an ualized basis on
each property class for the year 2001,' I
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AND WHEREAS Sections 399 and 419 provide for the imposinp of a penalty and
interest respectively on taxes due but not yet paid, '
NOW THEREFORE the Council of the Corporation of thþ Municipality of
Kincardine ENACTS as follows: I
1) An interim levy which will produce an amount not xceeding 50% of
the total amount of taxes for municipal and scho I purposes levied
on each property class for the year 2001.
2)
That the dates for payment of taxes under this y-Iaw shall be as
follows:
Due date of 1st installment.................................
March 151
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Due date of 2nd installment.................................. June 3rd
That a percentage charge of 1.25 per cent 11.25%) shall be
imposed as a penalty for non-payment of taxe of any class or
installment thereof on the first day of default and on the first day of
each calendar month thereafter in which defau t continues up to
and including December of each year. !
On all other taxes in default on January 1st, 200 , interest shall be
added at the rate of 1.25 per cent (1.25%) per month or fraction
thereof.
3)
4)
5)
Penalties and interest added on all taxes, includ ng the interim tax
levy, in defaun shall become due and paya Ie and shall be
collected forthwith as if the same had originally een imposed and
formed part of such interim levy.
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2002 Interim Taxation By-Law
By-Law No. 2002 - 04
Page 2 of 2
6)
That the Treasurer, not later than 21 days prior to he date that the
first installment is due, shall give to the person axed, a printed
notice specifying the amount of the taxes payable y delivering the
notice or causing it to be delivered to or for th t person at the
person's residence or place of business or upon the premises in
respect of which the taxes are payable. ¡
That the notice shall include the due date for eac~ installment and
the particulars of the penalties imposed for late pa~ent.
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That the Treasurer be and is hereby authorize to accept part
payment from time to time on account of any taxe due and to give
receipt for such part payment, provided that ac eptance of any
such part payment does not affect the collection 0 any percentage
charge imposed and collectable, under section 39 ,subsection 3 of
the Municipal Act, in respect of non-payment of jny taxes or any
class of taxes or of any installment thereof.
7)
8)
That taxes shall be payable to the Corporation of t e Municipality of
Kincardine and can be paid to the Treasurer t the Municipal
offices, by pre-authorized payment, at any local fi ancial institution
in the Municipality of Kincardine which accepts sue payments or in
any other manner or location approved by Council.
9) That this by-law shall come into full force upon its nal passage and
may be cited as the "2002 Interim Taxation By-law·
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READ a FIRST, SECOND, and THIRD time and DEEMED TO rE PASSED this
23rd day of January, 2002.
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