HomeMy WebLinkAboutKIN 97 071 Interim Taxtion 1998
e
-
e
.
THE CORPORATION Of THE TOWN Of KINCARDINE
f~'4
/ì'I~",,~
-'~f~l)
.,..'......
.... /'/0
~~
BY-LAW
BY-LAW NO. 1997-71
BEING A BY-LAW PURSUANT TO SECTION 376 OF THE MUNICIPAL ACT
R.S.O. 1990, CHAPTER M.45, TO AUTHORIZE A LEVY OF TAXES BEFORE
THE ESTIMATES ARE ADOPTED IN THE YEAR 1998.
WHEREAS the Council for The Corporation of the Town of Kincardine in accordance
with the Municipal Act, deems it expedient to make an interim levy for 1998 before the
adoption of the estimates;
NOW THEREFORE the Council of the Corporation of the Town of Kincardine
ENACTS as follows:
I) That for the year 1998 the Corporation of The Town of Kincardine shall
Levy on the whole of the assessment for real property according to the last
revised assessment roll a sum not exceeding 50 per cent of the total of the
rates that were levied or would have been levied on that assessment for all
purposes in the preceding year.
2) That the 1998 interim tax mill rates shall be:
Residential Public............................ .....................
30.987
Commercial Public............ ............... ....................
50.201
Residential Separate............................ .................
32.1 00
Commercial Separate......................... ...................
52.008
3) That the dates for payment of taxes under this by-law shall be as follows:
Due date of 1st instalment............... .........................
February 16th
Due date of 2nd instalment... ...... ...............................
March 16th
Due date of3'd instalment.............................................
April 15th
4) 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 instalment 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.
·e
e
e
e
By-law No. 1997-71
Page 2
5)
That the Treasurer, not later than 21 days prior to the date that the first
instalment 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.
6) That the notice shall include the mill rates used in calculating the taxes,
the due date for each instalment and the particulars of the penalties
imposed for late payment.
7) 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 instalment thereof.
8)
That taxes shall be payable to the Corporation of the Town of Kincardine
and can be paid to the Treasurer at the Town office, by pre-authorized
payment or at the following banking institutions:
a) Canadian Imperial Bank of Commerce, Kincardine
b) Toronto-Dominion Bank, Kincardine
c) Bank of Montreal, Kincardine
d) Royal Bank, Kincardine
e) Hepcoe Credit Union, Kincardine
9) That this by-law shall come into full force and effect on the 2nd day of
January, 1998.
10) That this by-law repeals by-law 1996-89 and may be cited as the "1998
Interim Taxation By-Law".
READ a FIRST and SECOND time this day of 4th day of December, 1997.
READ a THIRD time and FIN ALL Y PASSED this 18th day of December, 1997.
ß~«·~
,/
?G;m"'o.....
Clerk
Mayor