2008-003 To Provide for an interim tax levy and to provide for the payment of taxes and to provide for penalty and interestTHE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE
BY-LAW N0.2008-003
Being a By-law to provide far an interim tax levy and to provide for
the payment of taxes and to provide for penalty and interest
WHEREAS Section 317(1} of the Municipal Act, 2041, S.Q. 2441, 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, 2441, S.Q. 2441, c.25 as amended,
provides that the amount levied on a property shall not exceed 54°t° (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 aCl properties having rateable assessment in the
Corporation of the Township of Ora-Medonte an amount of 54°f° 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
Friday February 29`", 2008 and Wednesday April 30`", 2008.
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 RoH.
4. A penalty for non-payment of taxes shall be imposed not exceeding 1 '/a% on the first day
of default, and on the first day of each calendar month thereafter during the year 2448,
until taxes are paid.
5. That there be added an interest charge of 1 ~/4°I° 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 Ora-Medonte Administration Office ar 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 ar collections imposed, collectable and due in respect to any non-
payment.
8. By-law No. 2047-008 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 9T" DAY OF JANUARY, 2008.
BY-LAW READ A THIRD TIME AND FINA~<.Y PASSED THIS 9T" DAY OF JANUARY, 2008.
THE G POR N C~F THE TOWNSHIP OF ORO-MEDONTE
Ma or, H.S. Hu es
GiF.rk, J. ~vuglas Irwin