HomeMy WebLinkAboutBRU 89 004 interim tax levy
'rill CORPnRA'PIOII OF TIlE TOWI!ISHIP OF BRUCE
BY-LAW 110. 89-4
BEING A BY-LAW to provide for an Interim Tax Levy before the
adoption of the yearly estimates.
WHEREAS the Municipal Act, Chapter 302, Section 159(1)(2) of the
R.S.a. 1980, enables a Municipal Council to pass a by-law for
interim tax levy, the sum of which levied on the whole assessment
shall not exceed 50 per cent of that which would be produced by
applying to such assessment the total rate for all purposes
levied in the preceding year, on residential real property of the
public school supporters according to the last revised roll.
AND WHEREAS the Corporation of the Township of Bruce deems it
expedient to pass such a by-law.
NOW THEREFORE
follows:
1. That 25.3
rateable
provided
the Corporation of the Township of Bruce enacts as
mills be levied on an
assessment according to
by the Regional Assessment
interim basis on the
the 1989 assessment as
Off ice.
2. That the interim levy be collected in two equal or nearly
equal installments.
3.
That the demand date
8th, with due dates of
of the interim levy shall
March 1st and May 1st.
be February
4. That penalties shall be added to unpaid taxes at the rate of
1.25 per cent on the first day of default and on the first
day of each calendar month thereafter.
5. The by-law or parts of by-law in conflict with this by-law
be and are hereby repealed.
6.
force and take effect on
That this
the day of
by-law shall come into
final passing.
By-law introduced and read a First time this TWENTY-FOURTH day of
JANUARY, 1989.
By-law read a Second time this TWENTY-FOURTH day of JANUARY,
1989.
By-law read a Third time and finally passed, signed, sealed, and
numbered 89-4 this TWENTY-FOURTH day of JANUARY, 1989.
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CLERK
REEVE
SEAL
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