HomeMy WebLinkAboutKIN 90 036 Rates of Taxation
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THE CORPORATION OF THE TOWN OF KINCARDINE
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BY-LAW
BY-LAW NO. 1990 - 36
A BY-LAW TO ADOPT THE ESTIMATES OF ALL SUMS REQUIRED
DURING THE YEAR TO STRIKE THE RATES OF TAXATION FOR THE
YEAR 1990.
WHEREAS the Council of 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 1990:
General Purpose
$ 1,915,019
414,588
1,084,508
114,859
771,439
79,879
32,311
.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..
County of Bruce
........................................................ ..
Elementary School (Public) ....................
Elementary School (Separate) ..................
Secondary School (Public) .....................
Secondary School (Separate) ...................
Sani tary Sewers ..............................................................
$ 4,212,603
AND WHEREAS the Assessment Roll made in 1989 and upon which the
1990 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 ................... $115,724,840
Commercial, Industrial and Business Assessment .... 28,795,625
THEREFORE, the Council of The Corporation of the Town of Kincardine
ENACTS as follows:
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1990 Taxation By-Law No. 1990 - 36
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 1990:
Commercial &
Industrial
. P.s. S.S.
GENERAL
PURPOSE 15.060 15.060
COUN'l'Y RATE 3.260 3.260
PUBLIC
ELEMENTARY 9.410
PUBLIC
SECONDARY 6.693
SEPARATE
ELEMENTARY 9.647
SEPARATE
SECONDARY 6.709
SANITARY
SEWERS .254 .254
34.677 34.930
Residential &
Farm
P.S. 5.5.
Total
12.801
2.771
12.801 $1,915,056
2.771 414,547
7.999 1,084,508
5.689 771,439
8.200 114,859
5.703 79,879
.216
.216
32,311
29.476
29.691 $4,412,599
The dates for payment of taxes under this By-law shall be as
follows:
DUE DATE of 3rd Instalment
September 17, 1990
DUE DATE of 4th Instalment
November 15, 1990
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.
This By-Law may be cited as the "1990 Taxation By-Law".
READ a FIRST and SECOND time this 7th day of ~pP, ,qqJL.
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READ a THIRD TIME a FINAL . ..- ..
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1990.