HomeMy WebLinkAboutKIN1937-1182 Prepayment of Taxes
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BY - LAW No~II~~
. .
A By-Law to Provide tor Prepayment ot faxes.
WHEREAS it is provided by the Assessment Aot H.S.O.1927 Seotion
111 sub-seotion 4 that the Counoil ot a Town may by By-Law auothoriz
the Treasurer or Colleotor to reeeive in any year payments on aoooun
ot taxes for th.tt year in advanoe of the date tixed by By-Law tor
the payment ot any installment and to allow a disoount tor suoh pre-
payment:-
Be it there tor enaoted and it is herebt Enaoted by the Counoil
ot the Corporation ot the Town of Kinoardine as followSi-
(1) !he Treasurer may reoeive in the year 1938 payments on aooount
ot the taxes in advanoe at the date due and he is hereby authorized to
allow a disoount on ..oh taxes at a rate ot disoount aooording to
the tollowing sohedule,Whioh approximates as nearly as may be the
rate ot'tour &: t per oent per anntlm tor eaoh periodatated,notwithstand
/-
ingthat .suoh taxes have not been levied and that the Assessment Roll
tor the year 1938 has not been adopted by the Counoil when any suoh
advanoe payment is made. !he said sohedule ot disoounts allowed tor
the different periods ot payment shall be as follows i-
AMOUNT of January February Lraroh Apr1l
Certifioate, list to 15 To 31 1 to 15 1 to 15 1 to 15
$ 10. e 9.80 $ 9.82 $ 9.84 $ 9.88 $ 9.94
50. $ 49.00 49.10 48.10 49.40 49.65
100. 98.00 98.20 98.40 98.80 99.30
The oost of a oertitioate for any other amount than the above shall
be in the same p.-portion as the above oost bears to the amount ot
eaoh oertifioate respeotively, it the Counoil should hereafter deoide
to issue prepayments oertifioates tor amounts other than the above
amounta.
(2)
!he Colleotor for the Town shall deliver of mail postpaid to
eaoh ratepajer ot the Town ot Kinoardine in aooordaboe with seotion
107 ot the said Aeaessment Aot,a Notioe on whioh shall be written
or printed a oonoise statement ot the t&me and manner at payment and
ot the rate of disoount to be allowed and at any time within tour-
. .
.
.0.1927 Seotion
By-Law auothor1z
teen days after suoh notioe has first been given any ratepayer may
take advantage of this By-Law regarding prepayment and disoount
I
dlowed hereby.
(3) Tax Prepayment Certifioates shall be sold during the Months
of January ,February , Maroh and April,only in the Year 1936,and on
presentation of any suoh oertifioate of oertifioates to the Colleotor
on or before the date when the 1936 taxes beoome due. the puro~ser
shall be allowed a oredit equal to the faoe value of eaoh suoh
oertifioate so presented,on aooount of taxes levied agaibst the
ratepayer so presenting the oertif1oate in the year 1936.
ayments on aoooun
by By-Law for
t for suoh pre-
'I the Counoil
IrS;-
llta on aooount
eby authorized to
aooording to
s may be the
ated.notwithstand
A.ssessment Roll
when any suoh
Ilta allowed for
Signed, Sealed and Finally Passed this
day of Deoember 1937
Mayor.
Cleric.
April
1 to 15
$ 9.94
49.65
99.30
11 the above shall
the amount of
lereafter deoide
lan the above
L postpaid to
, with seotion
L be written
of payment and
within four-
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BT.LA1f HO. US,.
By-Law Ho.Blenn Hundred aD4 lighty rov of the '!own ot
JC1n081'41De, in the Oounty of :81"\10e end ProT1Doe of ontario.
..................
Jor the purpole of appolJlt1Dg an Auditor for the TOWD
of KinaarUne..
.............
WHEREAS I It ie neaee8ar" and Expedient that a By-Law
.hould be paaaed to appolJlt an Audltor tor the '!OWD of
Kinoardlne,
Therefor be It enaoted 94 lt 11 hereby enaoted by
the IlWllo1pal Counoll of the Town of KlJlaardlJle 1Jl
Counoll a88embled.
!hat E 1 ~...\- of the '!own of K1Daard1De,
be and 11 hereby appointed Auditor for the '!own of
KlJlaar41nl.at a eala17 of
11
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Paeeed.Slgned and Seale4 this J r- 4ay of
Deaember A.D. 1937.
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