HomeMy WebLinkAboutKIN 88 068 Elderly Tax Credit
THE CORPORATION OF THE TOWN OF KINCARDINE
BY-LAW NO. 1988-68
BEING A BY-LAW TO ALLOW A UNIFORM TAX CREDIT TO OWNERS OF
REAL PROPERTY IN THE TOWN OF KINCARDINE
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WHEREAS the Municipal Elderly Residents' Assistance Act, R.S.O.
1980, Chapter 307 as amended, provides that municipal councils
may pass by-laws authorizing and directing the treasurer of the
municipality to allow owners of residential real property in the
municipality a uniform credit in an amount to be determined by
the council of the municipality, against the real property taxeS
imposed by the municipality in respect of such real property;
AND WHEREAS the Council of The Corporation of the Town of
Kincardine deems it advisable to enact such a by-law;
NOW THEREFORE the Council of The Corporation of the Town of
Kincardine hereby ENACTS as follows:
1. The treasurer shall allow owners of residential real
property in the Town of Kincardine a credit in the amount of
One Hundred Dollars ($100.00) per year against the real
property taxes imposed by the Town of Kincardine in respect
of such real property provided that,
(a) such owner or the spouse of such owner or both has or
have attained the age of sixty-five years by December
31st of the year the credit is allowed;
(b) Such owner or the spouse of such owner or both occupies
or occupy the property in respect of which real
property taxes are imposed as his, her or their
personal residence;
(c) such owner or the spouse of such owner or both has or
have been assessed as the owner of residential real
property in the municipality for a period of not less
than one year preceding the date of application for the
credit;
(d) no such credit shall be allowed to an owner in respect
of more residential real property than one single
family dwelling unit in any year; and
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(e) no owner who otherwise qualifies under subsection l.(a)
to (d) shall receive a credit unless such owner or the
spouse of such owner or both is or are receiving a
monthly guaranteed income supplement under Part II of
the Old Age security Act (Canada), 1973, c. 154, s.2.
2.
The tax credit shall be paid in December annually, by
cheque, to the property owner after the property owner has
completed the appropriate application (Schedule "An to this
by-law) and has satisfied the requirements of this by-law.
3.
If the applicant owes any taxes to The Corporation of the
Town of Kincardine, in respect to the real property of the
owne r as his or he r or their res idence, the refund shall
first be paid against the outstanding real property taxes
and the balance, if any, shall be paid to the applicant in
accordance with section 2 above.
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4.
The onus is on the owner to apply for this tax credit. The
treasurer shall advertise the tax credit information in the
local papers each year in November for two consecutive
weeks. Any tax credit not applied for in any year shall not
be cumulative and shall not be collectible in any successive
year.
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page 2
1988-68
This by-law shall come into full force and effect upon the
date of its final passage, and shall be considered in force
to enable tax credits to qualified owner or owners of real
property in the Town of Kincardine for the 1988 taxation
year.
5.
6. The short title for this by-law shall be the Elderly Person
Tax Credit by-law.
READ a FIRST and SECOND time this 22nd day of September, 1988.
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READ a THIRD time and FINALLY PASSED this 20th day '?t October,
1988.
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Acting Mayor
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SCHEDULE nAn
BY-LAW NO. 1988-68
APPLICATION FOR TAX CREDIT
Name of Applicant
Mailing Address
Telephone No.
Property for which application for tax credit is made:
Applicant's Date of Birth
Name of Spouse
Address of Spouse: Same as above
or:
Spouse's date of birth:
The applicant hereby certifies the following:
1. I (or my spouse) occupies the property in respect of which
this application for tax credit is made.
2.
I (or my spouse)
property described
year preceding the
has been assessed as the
above for a period of not
date of this application.
owner of the
less than one
3. I (or my spouse) do not own any other real residential
property in the Town of Kincardine.
4. I (or my spouse) receive a monthly guaranteed income
supplement under part II of the Old Age Secur ity Act
(Canada), 1973, c.154, s.2.
Signature of Applicant
Date
Signature of Witness
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Please attach the following:
(a) Photocopy of applicant's or spouse's birth certificates or
other proof of age documentation.
(b) Photocopy of receipted current final tax billing.
(c) Photocopy of the applicant's or spouse's most recent Old Age
Security cheque.
FOR MUNICIPAL USE ONLY
Date application received:
Approved
Not Approved
Tax Credit paid $
Date
Treasurer's Signature