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HomeMy WebLinkAboutKIN 96 005 Interim Taxtin Bylaw e e e . THE CORPORATION OF THE TOWN OF KINCARDINE - ~~~ ~~ ~~ 'Ât...::::-~ - -= \ .:-~ ~.. ! ! "-'ë~~ <;~Q BY-LAW BY-LAW NO. 1996-5 BEING A BY-LAW PURSUANT TO SECTION 376 OF THE R.S.O. 1990, CHAPTER M.45, TO AUTHORIZE A LEVY THE ESTIMATES ARE ADOPTED IN THE YEAR 1996. MUNICIPAL ACT OF TAXES BEFORE 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 1996 before the adoption of the estimates; NOW THEREFORE the Council of the Corporation of the Town of Kincardine ENACTS as follows: 1) That for the year 1996 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 1996 interim tax mill rates shall be: Residential Public.................. 30.213 Commercial Public... ................ 35.544 Business Public..................... 35.544 Residential Separate...... .......... 31. 221 Commercial Separate......... ........ 36.729 Business Separate................... 36.729 3) That the dates for payment of taxes under this by-law shall be as follows: Due date of 1st instalment.......... February 15th Due date of 2nd instalment.......... March 15th Due date of 3rd 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. . . .2 - e e e Page 2 - 1996 Interim Taxation By-Law 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 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 4th day of January, 1996. 10) That this by-law repeals by-law 1994-86, and may be cited as the "1996 Interim Taxation By-Law". READ a FIRST and SECOND time this 21st day of December, 1995. READ a THIRD time and FINALLY PASSED this 4th day of January, 1996. ~~~- ~ Clerk