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THE CORPORATION OF THE TOWN OF KINCARDINE
BY-LAW 1987-38
BEING A
REQUIRED
TAXATION
THE
TO
ESTIMATES OF ALL SUMS
STRIKE THE RATES OF
BY-LAW
DURING
FOR THE
TO
THE
YEAR
ADOPT
YEAR
1987.
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 1987.
General Purpose................. ........................................... .$1,404,506
county Rates....................................................................................
282,116
664,576
Elementary School
Elementary School
Secondary School
Secondary School
(Public) .. .. .. .. .... .. .. .. .. .. .. .. .. .. .. ........ .. .. .. .. .. .. .. ..
(Separate) ....................................................
66,770
(public).............................
437,623
(Separate).................................................... ..
46,285
Sewers............................................................................................. ..
28,918
$2,930,794
AND WHEREAS the Assessment
1987 taxes are to be levied
Review Court;
Roll made in 1986 and upon which the
was finally revised by the Assessment
AND WHEREAS the amount of assessment entitled to benefit,
herinafter 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, is as follows;
Residential and Farm Assessment .....................$45,799,720
Commercial, Industrial and Business Assessment ...... 10,200,470
.... .2
~
Page 2
By-law 1987-38
.
Therefore, the Council of The Corporation of
Kincardine ENACTS as follows:
the Town of
THAT the estimates be adopted and there shall
collected upon the assessable lands, buildings
within The corporation of the Town of Kincardine
rates for the year 1987:
be levied and
and businesses
the following
Commercial &
Industrial
P.S. S.S.
Residential &
Farm
P.S. S.S.
Total
GENERAL
PURPOSE
28.587
28.587
24.299
24.299
$1,404,488
COUNTY RATE
5.742
5.742
4.881
4.881
282,120
PUBLIC
ELEMENTARY
14.978
12.731
664,581
PUBLIC
SECONDARY
9.863
8.384
437,652
SEPARATE
ELEMENTARY
14.030
11.926
66,771
SEPARATE
SECONDARY
9.726
8.267
46,285
SANITARY
SEWERS
.590
.590
58.675
.500
.500
49.873
28,918
$2,930,815
59.760
50.795
The dates for payment of taxes under this By-law shall be as
follows:
DUE DATE of 3rd installment
September 15, 1987
DUE DATE of 4th installment
November 16, 1987
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 installment or part thereof remaining unpaid on the
first day following the last day of payment of each such
installment and thereafter an additional percentage charge of one
and one quarter (1.25%) shall be imposed and shall be added to
every such tax installment 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.
READ a FIRST and SECOND time this 21st day of May, 1987.
e Mayor
Deputy- Clerk
READ a THIRD time and FINALLY PASSED this 4th day,of = __ June
1987.
,
~~
Mayor
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