HomeMy WebLinkAboutTWP 80 005 increase interest
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BY-LAW 80-5
Of the Corporation of the Township of Kincardine.
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Being a by-law to increase the interest rate on arrears of
taxes to 1~ percent per month.
Whereas the Council of the Corporation of the Township of
Kincardine has in accordance with the provisions of Section
527 (3) of the Municipal Act (as Amended), the authority to
increase the interest rate on arrears of taxes from the
statutory 1 percent per month to a rate not exceeding 1~ percent
per month.
Therefore the Council of the Corporation of the Township of
Kincardine enacts as follows:
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THAT the interest on arrears of taxes in the Township of Kincardine
shall be 1~ percent per month.
Read a first, second and third time and finally passed this
4th day of February 1980.
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Reeve
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Clerk-Treasu er
By-Law 70-7, being a By-Law to increase the interest rate
on arrears of taxes is hereby recinded.
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