2006-001 To Provide for an interim tax levy and to provide for the payment of taxes and to provide for penalty and interest
THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE
BY-LAW NO. 2006-001
Being a By-law to provide for an interim tax levy and to
provide for the payment of taxes and to provide for penalty and interest
and to Repeal By-Law No. 2005-001
WHEREAS Section 317(1) of the Municipal Act, 2001, S.O. 2001, c.25 as amended,
provides that the Council of a local municipality may before the adoption of the
estimates for the year pass a by-law levying amounts on the assessment of property in
the local municipality rateable for local municipality purposes;
AND WHEREAS Section 317(3) of the Municipal Act, 2001, S.O. 2001, c.25 as
amended, provides that the amount levied on a property shall not exceed 50% (percent)
of the total amount of taxes for municipal and school purposes levied on the property for
the previous year;
AND WHEREAS the Council of the Corporation of the Township of Oro-Medonte
deems it expedient to enact such a by-law;
NOW THEREFORE the Council of the Corporation of the Township of Oro-Medonte
enacts as follows:
1. There shall be levied and collected upon all properties having rateable
assessment in the Corporation of the Township of Oro-Medonte an amount of
50% of the total amount of taxes for municipal and school purposes levied on the
property for the previous year.
2. The said interim tax levy shall be due and payable in two equal installments on or
before Tuesday February 28th, 2006 and Friday April 28th, 2006.
3. The Treasurer is hereby authorized to mail or cause to be mailed the notice of
taxes due to the address of the residence or place of business of the person to
whom such notice is required to be given as shown on the latest revised
Assessment Roll.
4. A penalty for non-payment of taxes shall be imposed not exceeding 1 1,4% on the
first day of default, and on the first day of each calendar month thereafter during
the year 2006, until taxes are paid.
5. That there be added an interest charge of 1 1,4% on the first day of each month
on any outstanding tax arrears from the 31st day of December in the year in
which the taxes were levied until the taxes are paid.
6. Taxes are payable at the Township of Oro-Medonte Administration Office or at
most financial institutions which accept and process payments on behalf of
customers, with the onus on the financial institution to remit payments on time.
7. That the Treasurer be authorized to accept part payment from time to time on
account of any taxes due and to give a receipt for such part payment, provided
that acceptance of any such payment shall not affect the collection of any penalty
or interest or any other levies, rates, charges or collections imposed, collectable
and due in respect to any non-payment.
8. By-law No. 2005-001 is hereby repealed.
9. That this by-law comes into force and takes effect on and from the date of the
final passing.
BY-LAW READ A FIRST AND SECOND TIME THIS 18TH DAY OF JANUARY, 2006.
BY-LAW READ A THIRD TIME AND FINALLY PASSED THIS 18TH DAY OF
JANUARY, 2006.
THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE
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