HomeMy WebLinkAboutKIN1936-1167 Prepayment of Taxes
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BY-tAVI 1.0.
A By-Law to Provide for irepayment of ~axeB.
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Oi 'L{o;; CO"j'O:.A~IO:: Ot' .'1-!.~ TOi,l: OJ!' KIJ:CA"DIl:r; AS ~'OLLO'il~;-
"H":;.L~AS it is pr:]viciod by the Assessment Act .n.S.O. 1927, Seotion
111 sub-section 4 th(,t tile Council of a Town may by By-Law authorize
the ~rea6urer of Collector. to receivo in any year payments on aocount
of taxos fot thut year in advunce of tho date fixed by by-law for
the payment of any instalment and to allow a discount fer such pre-
pa.yment;-
lJi I'.~ :i!:i.;",QO;,":; ';UC i' ..n Al.D I'r IS H;';nBBY ';;NAC~:;D BY TH:~ COUNCIL
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(1) ~He ~reaBurer may receive in the ye~~ 1937 payments on account
of tax93 in advunce of the date due and he is hereby authorized to
allow a diBco~nt on such taxes at a rate of discount accordin~ to
the fOLl~~l/~ schedule, which approximat~s as nearly as may be the
rate of~il~ per ~ent per annum for each period stated, notwithstand-
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ing thht such taxes have not been. levied and that the Assessment ~oll
for the year IV~7 has not been adopted by the Council whon any such
a~vence payment is made. ~he said 6chedule of disoounts allowed for
the different periods of paymtlnt shall be !is follows:-
ALOUt,',;' of tS''f:st, )Id Cost.
CJ~~IiICA~J. A~y date in Jun. teb. 1st to
f II>> "'i,Kp 11,,17. ' 1.~Jf.
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Cost.
15th,I,!ar 1st to
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Cost.
15th.Apl.l,to
15th
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~he cost of a ce~tificate for any other a~o~nt than the
ab07e sholl be in the sume proportion as the above cost bears to
each certificate,
to ~ne omount of / rospectivijly, if the Council should hereafter
decide to issue prepayment certificutes for acounts ocher tilan the
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(2) ~~e Collec~or fo~ the ~owr. shall deliver or mail postpaid to
euch ratapByer of the town of .;incardine in accordance with section
107 of tha said Assossmont Act, a Lotice on whic~ shall be written
or p~lnted a concise statement of the time and mooner of payment and
of tbe roto of di3count to bo ollowed and at any ti~e within four-
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