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HomeMy WebLinkAboutKIN 94 037 1994 Taxation Bylaw · . · · . · THE CORPORATION OF THE TOWN OF KINCARDINE BY-LAW BY-LAW NO. 1994-37 A BY-LAW TO ADOPT THE ESTIMATES OF ALL SUMS REQUIRED DURING THE YEAR TO STRIKE THE RATES OF TAXATION FOR THE YEAR 1994. WHEREAS the Council for The Corporation of the Town Kincardine in accordance with the Municipal Act, considered estimates of the Municipality and of the boards of Municipality and it is necessary that the following sums raised by means of taxation for the year 1994: of the the be General Purpose 'O................................................. . $ 2,260,838 County of Bruce ......................................................... .. 532,191 Elementary School (Public) ................... Elementary School (Separate) ................. secondary School (Public) .................... 1,288,769 201,944 1,003,147 Secondary School (separate) .................. 97,215 Sani tary Sewers .............................. 36.002 $ 5.420.106 AND WHEREAS the Assessment Roll made in 1993 and upon which the 1994 taxes are to be levied was finally revised by the Assessment Review Court; AND WHEREAS the amount of assessment entitled to benefit, hereinafter referred to as Residential and Farm, and the amount of assessment not entitled to benefit, hereinafter referred to as Business in accordance with section 157 and 162 of the Municipal Act, as follows: Residential and Farm Assessment ................ $ 72,797,961 Commercial, Industrial and Business Assessment.. 15,013,139 NOW THEREFORE the Council for The Corporation of the Town of Kincardine ENACTS as follows: 1. THAT the estimates be adopted and there shall be levied and collected upon the assessable lands, buildings and businesses within The Corporation of the Town of Kincardine the following rates for the year 1994: .. ./2 1994 Taxation By-law No. 1994-40 Page 2 · commercial & Industrial P.S. S.S. Residential & Farm P.S. S.S. Total . GENERAL PURPOSE 29.403 29.403 24.993 24.993 COUNTY RATE 6.922 6.922 5.883 5.883 $2,260,838 532,191 PUBLIC ELEMENTARY 18.809 15.987 1,288,769 PUBLIC SECONDARY 14.640 12.444 1,003,147 SEPARATE ELEMENTARY 24.126 20.507 201,944 SEPARATE SECONDARY 11.614 9.872 97,215 · SANITARY SEWERS .468 .468 .398 .398 36,002 70.242 72.533 59.705 61.653 $5.420.106 2. The dates for payment of taxes under this By-law shall be as follows: DUE DATE of 3rd Instalment September 15, 1994 DUE DATE of 4th Instalment November 15, 1994 3. A percentage charge of one and one-quarter (1.25%) shall be imposed as a penalty for non-payment of and shall be added to every tax instalment or part thereof remaining unpaid on the first day following the last day of payment of each such instalment and thereafter an additional percentage charge of one and one-quarter (1.25%) shall be imposed and shall be added to every such tax instalment or part thereof remaining unpaid on the first day of each calendar month in which default continues up to and including December of each year. 4. This By-law may be cited as the "1994 Taxation By-law". · READ a FIRST, SECOND and READ a THIRD time and FINALLY PASSED this 2nd day of June, 1994. ~~ ~ Mayor ~á~Á-!? / ·