2000-012
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THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE
BY-LAW NO. 2000- 12
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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.
WHEREAS Section 370(1) of the Municipal Act Chapter M45, R.S.O. 1990 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 a separate tax rate, as specified in the
by-law, on the assessment in each property class in the local municipality;
AND WHEREAS Section 370(3) of the Municipal Act Chapter M45, R.S.O. 1990 as
amended, provides stipulation for the calculation of interim tax rates for
Residential/Farm, Farmlands, Pipelines and Managed Forest classes;
AND WHEREAS Ontario Regulation 602/99 stipulates the amounts that may be raised
by way of an interim levy for Commercial, Industrial and Multi-Residential classes;
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. a) There shall be levied and collected upon the whole of the assessment for
real property within the Corporation of the Township of Oro-Medonte for
the following classes an interim levy for the year 2000 at the following
rates:
Residential/Farm
Farmland
Pipelines
Managed Forest
.575520%
.143880%
.659776%
.143880%
b) The interim levy for the Commercial, Industrial and Multi-residential
classes is limited to 50% of a property's 1999 final adjusted taxes (the tax
payable under the 10-5-5 capping program).
2. The said interim tax levy shall be due and payable in two equal installments on or
before Wednesday March 22, 2000 and Wednesday April 19, 2000.
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 ~% on the
first day of default, and on the first day of each calendar month thereafter during
the year 2000, until taxes are paid.
.
5.
That there be added an interest charge of 1 ~% on the first day of each month
on any outstanding tax arrears from the 31 st 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.
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By-Jaw No. 2000- Interim Tax Levy
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. 94-029 is hereby repealed.
9.
That this by-law comes into force and takes effect on and from the date of the
final passing.
READ a first and second time this 2nd day of February2000.
BY-LAW read a third time and finally passed this 2nd day of February 2000.
THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE
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MAYOR IAN BEARIP
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CLERK LYNDA AIKEN