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HomeMy WebLinkAboutKIN 86 4740 Strike Rate-Taxatio . . . THE CORPORATION OF THE TOWN OF KINCARDINE BY-LAW 4740 BEING A REQUIRED TAXATION BY-LAW DURING FOR THE TO THE YEAR ADOPT YEAR 1986. THE TO ESTIMATES OF ALL SUMS STRIKE THE RATES OF 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 1986. General Purpose..."""""""".""""""""""""""""""""""""""" $1,333,792 County Rates.""""""""""""""""...................."..... 265,036 Elementary School..................................... 569,211 Secondary School.................".."""".."............ 466,335 Separate School............................."".""".".. 63,736 Sewers. . . . . . . . . . . . . . " . " . " . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28,782 $2,726,892 AND WHEREAS the Assessment 1986 taxes are to be levied Review Court. Roll made in 1985 and upon which the was finally revised by the Assessment 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, is as follows; Assessment entitled to benefit....................... $45,535,170 Assessment not entitled to benefit................... 10,194,430 Therefore, the Council of the Corporation of the Town of Kincardine ENACTS as follows: 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 1986: be levied and and business the following COMMERCIAL & INDUSTRIAL RESIDENTIAL & FARM TOTAL P.s. SiloS. P.s. S.8. GENERAL PURPOSE.... 27.276 27.276 23.185 23.185 $1,333,794 4.607 4.607 265,035 COUNTY RATE........ 5.420 5.420 ELEMENTARY SCHOOL... 13.059 11.100 569,226 466,332 63,740 SECONDARY SCHOOL.... 9.537 9.537 8.106 8.106 SEPARATE SCHOOL..... 12.003 10.203 SANITARY SEWERS..... .590 .500 28,786 .590 .500 55.882 54.826 47.498 46.601 $2,726,913 -2- By-law 4740 The dates for payment of taxes under this By-law shall be as follows: . DUE DATE of 3rd installment September 15, 1986 DUE DATE OF 4th installment November 17, 1986 A percentage charge of one and one quarter (11%) 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 charge of one and one quarter (11%) 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 5th day of June 1986. ~~M .w- ayor Deputy-Clerk READ a THIRD time and FINALLY PASSED this 5th day of June , 1986. - ~~~-~ Mayor ... - ~. -:- -. -. -' Deputy-Clerk ' .