Loading...
HomeMy WebLinkAboutKIN 83 4507 Discount -Set Rate CORPORATION OF THE TOWN OF KINCARDINE BY-LAW NO. 4507 BEING A BY-LAW TO PROVIDE FOR A DISCOUNT FOR EARLY PAYMENT OF TAXES. . WHEREAS under the provisions of Section 386(5)(a) of the Municipal Act R.S.O. 1980, Chapter 302, a municipality may permit a discount for early payment of taxes; AND WHEREAS taxes are those taxes which have been levied in the current calendar year; AND WHEREAS Council deems it expedient to provide for a discount for early payment of taxes; NOW THEREFORE the Council of the Corporation of the Town of Kincardine ENACTS as follows: 1. THAT a discount on early payment of taxes shall be allowed at the rate of 2.25% on the 2nd instalment of 1983 taxes if paid on or before the 15th day of March, 1983. 2. THAT a discount on early payment of taxes shall be allowed at the rate of 1.5% on the 4th instalment of 1983 taxes if paid on or before the 15th day of September 1983; 3. THAT this By-law shall take effect on the final date of passing. 4. That by-laws 4392 and 4430 be and the same are hereby repealed. READ a FIRST and SECOND time this 3rd day of February, 1983. ~~~ ~??J~~ Mayor ./' ~ READ a THIRD time and FINALLY PASSED this 3rd day of February, 1983. ", '" ~/ ;9-~/>r~_~ ayor ~ - -~ . //ð~~Q._,- .