HomeMy WebLinkAbout11 004 2011 interim taxation by-law THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
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BY-LAW
NO.2011 - 004
BEING A BY -LAW TO PROVIDE FOR A LEVY OF TAXES BEFORE THE
ESTIMATES ARE ADOPTED IN THE YEAR 2011 AND TO PROVIDE FOR
PENALTY AND INTEREST
WHEREAS Section 317 of the Municipal Act, 2001, S.O. 2001 c. 25 as amended
provides that the Council of a local municipality, before the adoption of the
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estimates for the year under Section 290, may pass a by -law levying amounts on
the assessment of property in the local municipality rateable for local municipality
purposes, in an amount not to exceed 50 percent of the total amount of taxes for
municipal and school purposes levied on the property for the previous year;
AND WHEREAS pursuant to the said Municipal Act, Section 345 (1) through (5)
provides for the imposing of a penalty and interest respectively on taxes due but
not yet paid;
NOW THEREFORE the Council of The Corporation of the Municipality of
Kincardine ENACTS as follows:
1. That an interim levy which will produce an amount not exceeding 50% of
the total annualized amount of taxes for municipal and school purposes be
levied on each property for the year 2011.
2. That the dates for payment of taxes under this by -law shall be as follows:
• Due date of 1st installment March 1, 2011
Due date of 2 installment June 1, 2011
3. That a percentage charge of 1.25 per cent (1.25 %) shall be imposed as a
penalty for non - payment of taxes of any class or installment thereof on the
first day of default and on the first day of each calendar month thereafter
in which default continues up to and including December of each year.
4. On all other taxes in default on January 1 2011, interest shall be added
at the rate of 1.25 per cent (1.25 %) per month or fraction thereof.
5. Penalties and interest added on all taxes, including the interim tax levy in
default shall become due and payable and shall be collected forthwith as if
the same had originally been imposed and formed part of such interim
levy.
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2011 Interim Taxation By -law
By -law No. 2011 - 004
6. That the Treasurer, not later than 21 days prior to the date that the first
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installment is due, shall give to the person taxed, a printed notice
specifying the amount of the taxes payable by delivering the notice or
causing it to be delivered to or for that person at the person's residence or
place of business or upon the premises in respect of which the taxes are
payable.
7. That the notice shall include the due date for each installment and the
particulars of the penalties imposed for late payment.
8. That the Treasurer be and is hereby authorized to accept part payment
from time to time on account of any taxes due and to give receipt for such
part payment, provided that acceptance of any such part payment does
not affect the collection of any percentage charge imposed and
collectable, under Section 345 of the Municipal Act, in respect of non-
payment of any taxes or any class of taxes or of any installment thereof.
9. That taxes shall be payable to The Corporation of the Municipality of
• Kincardine and can be paid to the Treasurer at the Municipal offices, by
pre- authorized payment, at any financial institution in Canada which
accepts such payments or in any other manner or location approved by
Council.
10. That this by -law shall come into full force upon its final passage.
11. That this by -law may be cited as the "2011 Interim Taxation By- law ".
READ a FIRST and SECOND TIME this 12` day of January, 2011.
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READ a THIRD TIME and FINALLY PASSED this 12 day of January, 2011.
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a Clerk
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