HomeMy WebLinkAboutTIV 91 018A mill rates 1991
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THE CORPORATION OF THE VILLAGE OF TIVERTON
BY-LAW NUMBER 1991·/1 ~
A By-law to set the mill rate, rate of interest
and penalty and due dates for the Village of
Tiverton for the year 1991.
It is necessary and expedient that a By-law be passed setting the mill rates and
rate of interest and penalty and due dates for the Village of Tiverton for the
year 1991.
NOW THEREFORE the Municipal Council for the Village of Tiverton enacts as follows:
That the rate of taxation to be levied and collected from all person or properties
appearing on the last revised assessment roll for 1991 be liable to such taxes
shall be at the following rates.
51.36 mi lls for Public Residenta1 and Farm
52.43 mi lls for Separate Residential and Farm
60.42 mills for Public Commercial and Business
61. 68 mills for Separate Commercial and Business
to be divided as follows:
Residential Residential
Pub lic Separate
General Purpose 19.11 19.11
County 5.35 5.35
Elementary Public 15.65
Elementary Separate 16.75
Secondary Pub lic 11.25
Secondary Separate 11.22
51.36 52.43
Commercial
Public
Commercial
Separate
22.48
6.29
18.41
22.48
6.29
19.71
13 .24
13.20
60.42
61. 68
That the rate of penalty on overdue current taxes be levied at 1.25% per month
15% per annum. Penalty to start after the 1st due date of the first instalment.
Tha the due dates for the payment of taxes be as follows:
1st interim instalment due March 15th 1991.
2nd instalment due July 15th 1991.
I 3rd instalment due November 15th 1991.
READ A FIRST, SECOND AND
,'ItA. DAY OF MAY 1991.
THIRD TIME AND FINALLY PASSED, SIGNED AND SEALED THIS
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