HomeMy WebLinkAboutKIN 91 043 Rates of Taxation
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THE CORPORA TrON OF THE TOWN OF KINCARDINE
BY-LAW
BY-LAW NO. 1991-43
A BY-LAW TO ADOPT THE ESTIMATES OF ALL SUMS REQUIRED DURING
THE YEAR TO STRIKE THE RATES OF TAXATION FOR THE YEAR 1991.
WHEREAS the council for The Corporation of the town of
Kincardine in accordance with the Municipal Act, considered the
estimates of the Municipality and of the boards of the
Municipality and it is necessary that the following sums be
raised by means of taxation for the year 1991:
General Purpose
$ 2,190,537
.... ..........................
County of Bruce
........... ...................
497,230
1,224,795
139,002
881,902
93,394
33.937
S 5.060.797
Elementary School (Public) ...................
Elementary School (Separate) .................
Secondary School (Public) ....................
Secondary School (separate) ..................
Sanitary Sewers ..............................
AND WHEREAS the Assessment Roll made in 1990 and upon
which the 1991 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 158 and 164 of the
Municipal Act, as follows:
Residential and Farm Assessment
. ......... .......
$120,837,195
Commercial, Industrial and Business Assessment ..
30,850,300
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 1991:
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Page 2
1991 Taxation By-law No. 1991-43
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Commercial &
Industrial
P.S. S.S.
Residential &
Farm
P.S. S.S.
GENERAL
PURPOSE
16.401 16.401 13.941
3.723 3.723 3.165
10.148 8.626
7.307 6.211
10.803
7.258
COUNTY RATE
PUBLIC
ELEMENTARY
PUBLIC
SECONDARY
SEPARATE
ELEMENTARY
SEPARATE
SECONDARY
SANITARY
SEWERS
.254
.216
.254
37.833
38.439
32.159
Total
13.941 $2,190,567
3.165 497,306
1,224,830
881,921
9.183 139,012
6.169 93,386
.216 33,937
32.674
$5.060.959
2. The dates for payment of taxes under this By-law shall be
as follows:
DUE DATE of 3rd Instalment September 16, 1991
DUE DATE of 4th Instalment November 15, 1991
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 "1991 Taxation By-law".
READ a FIRST and SECOND time this 23rd day of May, 1991.
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drui/J/ J Jf:tk'1G
Mayor
«?i.?~
READ a THIRD time and FINALLY PASSED this 23rd day of May,
1991.
dmcJ/ á \ 9;;k.ó
Mayor
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