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HomeMy WebLinkAbout17 102 2017 Taxation Amendment (1) By-law THE CORPORATION OF THE MUNICIPALITY OF KINCARDINE ,t*Fwd • ' 76A°ALJTY OF B1N�a BY-LAW NO. 2017 - 102 BEING A BY-LAW TO AMEND BY-LAW NO. 2017 — 065; BEING A BY-LAW TO ADOPT THE ESTIMATES OF ALL SUMS REQUIRED DURING THE YEAR TO STRIKE THE RATES OF TAXATION FOR THE YEAR 2017 WHEREAS Section 290 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended provides that a local municipality shall in the year or the immediately preceding year, prepare and adopt a budget including estimates of all sums 1110 required during the year for the purposes of the municipality; AND WHEREAS Section 340 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended, provides that the treasurer of a local municipality shall prepare a tax roll for each year based on the last returned assessment roll for the year and that the treasurer shall collect the taxes once the tax roll has been prepared; AND WHEREAS Section 342 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended, authorizes municipalities to pass by-laws providing for the payment of taxes; AND WHEREAS the Council of The Corporation of the Municipality of Kincardine, with the passage of By-law No. 2017-065, adopted the estimates of all sums required during the year to strike the rates of taxation for the year 2017; AND WHEREAS the Council of The Corporation of the Municipality of Kincardine deems it necessary to amend the By-law to include the new Tax Class established under the Assessment Act for Landfill Properties; • NOW THEREFORE the Council of The Corporation of the Municipality of Kincardine ENACTS as follows: 1. That Section 1 of By-law No. 2017 — 065 be amended to include the following rate for the year 2017: Bruce Total Total Tax Tax Ratio General Healthcare Telecom Municipal County School Rate Distribution Landfill 1.23310000 0.00787232 0.00030374 -0.00048673 0.00768933 0.00478126 0.01140000 0.02387059 2. This by-law shall come into full force and effect upon its final passage. 3. This By-law may be cited as the "2017 Taxation Amendment (1) By-law". READ a FIRST and SECOND TIME this 2nd day of August, 2017. READ a THIRD TIME and FINALLY PASSED this 2nd day of August, 2017. • �. ayor Clerk `'