HomeMy WebLinkAbout03 004 interim tax
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THE CORPORATION OF THE MUNICIPALITY OF KINC~INE
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BY-LAW
NO. 2003 - 04
BEING A BY -LAW TO PROVIDE FOR AN INTERIM TAX EVY AND TO
PROVIDE FOR THE PAYMENT OF TAXES AND TO PROVIDE FOR PENALTY
AND INTEREST. I
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WHEREAS Section 317 of the Municipal Act, 2001, S.O. 2001 c. 25 as
amended provides that the Council of a local municipality may in 2003, before
adoption of the estimates for the year, pass a by-law to levy on the whole of the
. assessment for real property according to the last revised asses ment roll, a sum
not to exceed that which would be produced by applying 50 p rcent of the total
amount of taxes for municipal and school purposes levied on an annualized basis
on each property class for the year 2002, I
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AND WHEREAS Subsections 1 to 5 of Section 345 provide for ihe imposing of a
penalty and interest respectively on taxes due but not yet paid, I
NOW THEREFORE the Council of the Corporation of th I Municipality of
Kincardine ENACTS as follows: ,
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1)
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An interim levy which will produce an amount n01XCeeding 50% of
the total amount of taxes for municipal and sch I purposes levied
on each property class for the year 2002.
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That the dates for payment of taxes under this if-law shall be as
follows: .
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2)
Due date of 1st installment.................................
March 3rd
Due date of 2nd installment..................................
June 2rd
3) That a percentage charge of 1.25 per cent 1.25%) shall be
imposed as a penalty for non-payment of taxe of any class or
installment thereof on the first day of default and n the first day of
each calendar month thereafter in which defaul continues up to
and including December of each year.
4) On all other taxes in default on January 1S\ 200 , interest shall be
added at the rate of 1.25 per cent (1.25%) per month or fraction
thereof.
5)
Penalties and interest added on all taxes, includ ng the interim tax
levy, in default shall become due and paya Ie and shall be
collected forthwith as if the same had originally een imposed and
formed part of such interim levy.
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2003 Interim Taxation By-Law
By-Law No. 2003 - 04
Page 2 of 2
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6)
That the Treasurer, not later than 21 days prior to he date that the
first installment is due, shall give to the person axed, a printed
notice specifying the amount of the taxes payable y delivering the
notice or causing it to be delivered to or for th t person at the
person's residence or place of business or upon the premises in
respect of which the taxes are payable.
7)
That the notice shall include the due date for eac
the particulars of the penalties imposed for late pa
8)
That the Treasurer be and is hereby authorize to accept part
payment from time to time on account of any taxe due and to give
receipt for such part payment, provided that ac eptance of any
such part payment does not affect the collection 0 any percentage
charge imposed and collectable, under section 34 of the Municipal
Act, in respect of non-payment of any taxes or any class of taxes or
of any installment thereof.
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That taxes shall be payable to the Corporation of t e Municipality of
Kincardine and can be paid to the Treasurer t the Municipal
offices, by pre-authorized payment, at any finan ial institution in
Canada which accepts such payments or in any ther manner or
location approved by Council.
9) That this by-law shall come into full force upon its fi al passage and
may be cited as the "2003 Interim Taxation By-law"
READ a FIRST, SECOND, and THIRD time and DEEMED TO E PASSED this
8th day of January, 2003. I
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