HomeMy WebLinkAbout21 127 Opt-Out of the Vacant Rebate Program By-lawTHE CORPORATION OF THE MUNICIPALITY OF KINCARDINE
BY-LAW
NO. 2021 - 127
BEING A BY-LAW TO OPT OUT OF THE
VACANT REBATE PROGRAM
WHEREAS Section 364 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended
provides that tax rebates may be granted to eligible properties in the commercial,
industrial, or other prescribed property classes, for their eligible vacant portions and
periods of said properties;
AND WHEREAS Section 364(1.1) of the Municipal Act, 2001, S.O. 2001, c. 25, as
amended, was revised to no longer require a local municipality to have a program
to provide tax rebates to owners of a property that has vacant portions, provided
that the local municipality passes a by-law to end the rebate;
NOW THEREFORE the Council of The Corporation of the Municipality of
Kincardine ENACTS as follows:
1. That the Vacant Unit Rebate Program shall be terminated starting with the 2022
taxation year and no rebates shall be made under Section 364 of the Municipal
Act 2001 commencing January 1, 2022, except for applications relating to the
2021 taxation year.
2. That the cancellation of the Vacant Unit Rebate Program shall apply to any
properties in the commercial or industrial property classes and to any other
property in any other class identified as a prescribed class.
3. This By-law may be cited as the “Opt-Out of the Vacant Rebate Program By-
Law”.
READ a FIRST and SECOND TIME this 5th day of July, 2021.
READ a THIRD TIME and FINALLY PASSED this 5th day of July, 2021.
Mayor Clerk