HomeMy WebLinkAboutTIV 93 001 authorize levy
THB COBPORATIOII or TIlE VILI,AGB or TI"_TOII
BY-Law øu.ber 1993 - 1
BBIRG A BY-LAW TO AUTIIOIUZB A LEVY PRIOR TO TIlE ADOP'I'IOII or
TilE AlOIIIAL BSTIMA'l'BS.
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WHEREAS .ection 159 of the Municipal Act, R.S.O. 1990,
provides that the Council of every local municipality may,
prior to the adoption of the estimates, levy on the whole
asses.ment for real property and business as.e.sment a sua
not exceeding 50 percent of that which would be produced by
applying to such a..essment the total rate for all purposes
levied in the preceding year on the residential real property
and business assessment of public supporters;
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AND WHEREAS section 159 of the Municipal Act, R. S. O. 1990
provides that the provisions of the Municipal Act with
re.pect to the levy of the yearly rates and the collection of
taxes apply mutatis and mutandis to the levy of rates prior
to the adoption of the e.timates.
AND WHEREAS Section 386, subsection 3 of the Municipal Act,
R.S.O. 1990 provide. that the council may by by-law impo.e a
percentage cbarge of 1.25\ as a penalty for the non-payment
of taxes on the fir.t day of default and on the first day of
eacb calendar month thereafter in wbich default continues,
but not after the end of the year which the taxes are levied.
NOW THEREFORE TilE COUNCIL OF THE CORPORATION OF THE VILLAGE
OF TIVERTON ENACTS AS FOLLOWS:
1. That in each year prior to the adoption of the e.timates
there shall be levied and collected on the whole of the
asses...nt for real property and business a..e....nt
according to the last revi.ed a..essment roll a sum equal
to 50\ of that which would bave been produced by applying
to such asse....nt the total rate for all purpose. levied
in the preceding year on tbe re.idential real property
and business a.se....nt of public school supporters;
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2. That in the year 1993 and in each .ucceeding year the
taxes to be levied under this by-law shall become due and
payable on the 15th day of March, but may be paid on
instalments on the 15th day of June, 15th day of
September and the 15th day of November, provided tbat
where any due date. or instalment dates fall on a
Saturday or Sunday or a statutory holiday the due date or
instalment date a. the case may be shall be the next
succeeding day that is not a Saturday, a Sunday or
Statutory holiday, and provided that, upon failure to
.ake payment of any instalment, the wbole of tbe amount
shall become due and payable.
3. Tbat the Tax Collector .ball, in tbe manner pre.cribed by
Sections 379 and 386 of tbe Municipal Act, R.S.O. 1990,
mail or cause to be mailed to the address of the
residence or place of bu.ine.. of each person taxed under
this by-law a notice specifying the amount of taxes
payable.
4. That all taxes .hall be paid into the office of the
Treasurer at the Village of Tiverton Municipal Office
located at 56 King Street, TivertoR, and/or tbe Canadian
Imperial Bank of C~rce, Tiverton.
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5. That the Collector and the Treasurer are hereby empowered
and shall accept part payment as tendered from time to
time on any taxes levied under this by-law.
6. That a percentage charge of 1.25% shall be imposed as a
penalty for non-payment of every tax instalment or part
thereof on the first day of default and on the first day
of each month thereafter in which default continues, but
not after the end of the year in which the taxes are
levied.
7. That this by-law shall come into force and effect upon
the date of its final passing.
READ A FIRST AND SECOND TIME THIS 26TH DAY OF JANUARY
1993.
READ A THIRD TIME AND FINALLY PASSED, SIGNED AND SEALED THIS
26TH DAY OF JANUARY 1993.
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REEVE'
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C1.ERK ,~
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