HomeMy WebLinkAboutTIV 89 007 Mill Rates 1989
THE CORPORATION OF THE VILLAGE OF TIVERTON
BY-LAW NUMBER 1989-7
A By-Law to set the mill rate, rate of interest
and penalty and due dates for the Village of
Tiverton for the year 1989.
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 1989.
.
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 persons or properties
appearing on the last revised assessment roll for 1989 be liable to such taxes
shall be at the following rates.
42.17 mills for Public Residential and Farm
42.37 mi lIs for Separate Residential and Farm
49.60 mi 11 s for Public Commercial and Business
49.84 mills for Separate Conunercial and Business
To be divided as follows:
Residential
Public
Residential
Separate
Cormnercial
Business
Public
Cormnercial
Business
Separate
General Purpose
County
Elementary Public
Elementary Separate
Secondary Public
Secondary Separate
16.90
4.55
11.87
16.90
4.55
19.88
5.35
13.96
19.88
5.35
9.93
11. 68
8.85
10.41
10.99
12.93
42.17
42.37
49.60
49.84
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.
That the due dates for the payment of taxes be as follows:
1st interim installment due March 15th 1989.
2nd installment due July 15th 1989.
3rd installment due November 15th 1989.
READ A FIRST, SECOND AND THIRD TIME AND FINALLY PASSED SIGNED AND SEALED THIS
J3~~ DAY OF MAY 1989.
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