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HomeMy WebLinkAboutKIN 85 4669 Mill Rate - 1985 THE CORPORATION OF THE TOWN OF KINCARDINE BY-LAW 4669 BEING A BY-LAW TO ADOPT THE ESTIMATES OF ALL SUMS REQUIRED DURING THE YEAR TO STRIKE THE RATES OF TAXATION FOR THE YEAR 1985. . 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 1985. General Purpose..................................... $ County Rates........................................ Elementary School................................... Secondary School.................................... Separate School..................................... Sewers. . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . .. . 1,190,953 248,345 482,824 407,351 64,499 $ 28,400 2,422,372 AND WHEREAS the Assessment Roll made in 1984 and upon which the 1985 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, is as follows; Assessment entitled to benefit......................$ 45,109,125 Assessment not entitled to benefit.................. 9,908,900 Therefore, the Council of the Corporation of the Town of Kincardine ENACTS as follows: THAT the estimates be adopted and there shall be levied and collected upon the assessable lands, buildings and business within the Corporation of the Town of Kincardine the following rates for the year 1985: COMMERCIAL & INDUSTRIAL P.S. S.S. RESIDENTIAL & FARM P.S. S.S. TOTAL GENERAL PURPOSE....... 24.69 COUNTY RATE............ 5.15 ELEMENTARY SCHOOL..... 11. 35 SECONDARY SCHOOL...... . 8.44 SEPARATE SCHOOL....... . SANITARY SEWERS....... .59 50.22 24.69 20.99 20.99 $ 5.15 4.37 9.64 7.17 7.17 9.62 .50 42.65 $ 1,191,491 248,158 482,668 407,063 64,514 28,401 2,422,295 The dates for payment of taxes under this By-law shall be as follows: DUE DATE of 3rd installment DUE DATE OF 4th installment 4.37 8.44 11. 32 .59 50.19 .50 42.67 September 16th, 1985 November 15th, 1985 .........2 . . - 2 - BY-LAW 4669 A percentage charge of one and one quarter (1~%) 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 (1~%) 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. A discount for early payment of taxes shall be allowed at the rate of two and a quarter (2~%) on the second installment of taxes if paid on or before the 15th day of March, 1985 and at the rate of one and a half (1~%) on the fourth installment of taxes if paid on or before the 17th day of September, 1985. READ a FIRST and SECOND time this 6th day of June, 1985. ~~ /$<' ~./~ Clerk Mayor READ a THIRD TIME and FINALLY PASSED this 6th day of June, 1985. ~~. Mayor /~ :k!~ Clerk ~ -~ .'