HomeMy WebLinkAboutKIN 94 062 Amend No. 94 55
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THE CORPORATION OF THE TOWN OF KINCARDINE
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BY-LAW
BY-LAW NO. 1994-62
A BY-LAW TO AMEND BY-LAW NO. 1994-55, BEING A BY-LAW TO
AUTHORIZE THE SIGNING OF AN AGREEMENT WITH THE CORPORATION
OF THE TOWNSHIP OF KINCARDINE TO ADJUST THEIR MUNICIPAL
BOUNDARIES AS PROVIDED FOR UNDER THE MUNICIPAL BOUNDARY
NEGOTIATIONS ACT.
WHEREAS the Council for The corporation of the Town of
Kincardine has entered into an Agreement with The Corporation
of the Township of Kincardine to adjust their municipal
boundaries as provided for under The Municipal Boundary
Negotiations Act;
AND WHEREAS the Council for The corporation of the Town of
Kincardine deems it expedient to affix an additional Schedule
to the Agreement;
NOW THEREFORE the Council for The Corporation of the Town of
Kincardine ENACTS as follows:
1. THAT the attached "Property Tax Impact Report" be hereby
denoted as "Appendix B" to the Annexation Agreement and
be hereby attached to the Agreement as "Appendix B".
2 .
THAT the mayor and clerk be and are hereby authorized
and directed on behalf of the Corporation to affix their
initials to the said "Appendix B" which will form part
of the Annexation Agreement.
3 .
This
its
upon
by-law shall come into full force and effect
final passage.
4. This by-law may be cited as the "Kincardine Township
Annexation Agreement Amendment By-law".
READ a FIRST and SECOND time this 6th day of October, 1994.
READ a THIRD time and FINALLY PASSED this 6th day of October,
1994.
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Mayor
APPENDIX "B"
By-law No. 1994-55 and
By-Law No. 1994-
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THE CORPORATION OF THE
TOWN OF KINCARDINE
THE CORPORATION OF THE
TOWNSHIP OF KINCARDINE
BOUNDARY ADJUSTMENT
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PROPERTY TAX IMPACT
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September 27, 1994
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TABLE OF CONTENTS
1.
pacre
properties Affected by Boundary Adjustment.... 1
1994 Mill Rates - Town and Township
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3.
Tax Comparison - Town and Township ...........
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Tax Impact Proposal..........................
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Page 1
PROPERTIES AFFECTED BY BOUNDARY ADJUSTMENT
· IN THE TOWNSHIP OF KINCARDINE
1994
Roll No. Name and ProDertv Assessment
$
1-09100-0000 Ontario Hydro (P.LL. ) CP 1,831
1 SDR Pt 1
1-09100-0001 ontario Hydro (P.LL. ) BP 1,095
1 SDR Pt 1
1-09200-0000 Canadian Agra RP 6,908
Part 1
1-09400-0000 stewart, Kevin RP 42,389
Parts 2 and 3
1-09401-0000 Milne, D. RP 29,516
Part 2
· 1-09500-0000 Farrell, E. RP 19,468
Part 4
1-09501-0000 Ball/Donahue RS 25,120
Part 4
1-04300-0000 592068 ontario Ltd. RP 26,689
Robson, R.
Parts 1 and 2
1-04405-0000 Scharfenberg/Mohindra RP 6,280
Part 3
1-04500-0000 Goar, C. RP 18,839
Part 4
1-00100-0000 Sanna1yn Developments RP 83,146
Parts 1, 2 and 3
Sannalyn Developments CP 14,362
Sannalyn Developments CS 1,086
Sannalyn Developments BP 4,305
· 1-00100-0003 Rogers cantel BS 325
Parts 1 and 2
1-00101-0000 Kincardine Vet Management CP 71,232
1-00101-0001 Thompson, R. BP 35,615
1-00200-0000 R. G. & G. Farms RP 22,607
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Page 2
1994 MILL RATES
Town of Township of
Municipal Portion Kincardine Kincardine
Residential Public 25.391 12.692
Residential separate 25.391 12.692
commercial Public 29.871 14.932
Commercial Separate 29.871 14.932
Business Public 29.871 14.932
Business separate 29.871 14.932
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Page 3
1994 TAX COMPARISON - MUNICIPAL PORTION ONLY
1994 Taxes 1994 Taxes Tax
Name Pro rtv Townshi Town Increase
$ $ $
Ontario Hydro (P.I.L. 27.34 54.69 27.35
1 SDR pt 1
Ontario Hydro (P.I.L. 16.35 32.70 16.35
1 SDR pt 1
Canadian Agra 87.68 175.40 87.72
Part 1
Stewart, Kevin 538.00 1,076.29 538.29
Parts 2 and 3
Milne, D. 374.62 749.44 374.82
Part 2
Farrell, E. 247.09 494.31 247.22
Part 4
Ball/Donahue 318.82 637.82 319.00
Part 4
592068 Ontario Ltd. 338.74 677.66 338.92
Robson, R.
Parts 1 and 2
Scharfenberg/Mohindra 79.71 159.45 79.74
Part 3
Goar, C. 239.10 478.34 239.24
Part 4
Sannalyn Developments 1,055.29 2,111.16 1,055.87
Parts 1, 2 and 3
Sannalyn Developments 214.45 429.00 214.55
Sannalyn Developments 16.22 32.43 16.21
Sannalyn Developments 64.28 128.59 64.31
Roll No.
1-09100-0000
1-09100-0001
1-09200-0000
1-09400-0000
1-09401-0000
1-09500-0000
1-09501-0000
1-04300-0000
1-04405-0000
1-04500-0000
1-00100-0000
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Tax
Increase
$
4.85
1,064.13
532.05
287.08
5,507.70
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Page 4
1994 TAX COMPARISON . MUNICIPAL PORTION ONLY
(continued)
1994 Taxes 1994 Taxes
and Propertv Township Town
$ $
Rogers Cantel 4.85 9.70
Parts 1 and 2
Kincardine Vet Management 1,063.64 2,127.77
Thompson, R. 531. 80 1,063.85
R. G. & G. Farms 286.93 574.01
5,504.91 11, 012.61
Roll No.
1-00100-0003
1-00101-0000
1-00101-0001
1-00200-0000
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Page 5
TAX IMPACT PROPOSAL
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Due to the substantial tax impact to the ratepayers
currently located within the Township of Kincardine and who
will, fOllowing the boundary adjustment, be located within
the Town of Kincardine, a grant will be given to those
ratepayers which will mitigate the tax adjustment over a
ten-year period. This will apply to taxable property only,
and will not include properties subject to a grant-in-lieu
of taxation (i.e. government-owned property).
Based on the 1994 difference between the Town and
Township's 1994 municipal portion of tax, the affected
property owners will receive the following grants:
% Grant Total
Year of 1994 Difference Grant
$
1995 90% 4,917.51
· 1996 80% 4,371.14
1997 70% 3,824.72
1998 60% 3,278.35
1999 50% 2,731.96
2000 40% 2,185.53
2001 30% 1,639.13
2002 20% 1,092.74
2003 10% 546.34
Each property owner may calculate his own grant by
multiplying the figure in the last column on pages 3 and 4
of this report by the percentage figure for each year's
grant.
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