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1998-088 To Adopt the Estimates of All Amounts required during the Year and for levying the Tax Rates for the Year 1998 ,#':' 't' ,il ,,', :t'"'*" THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE BY-LAW NO. 1998- 88 A BY-LAW TO ADOPT THE ESTIMATES OF ALL AMOUNTS REQUIRED DURING THE YEAR AND FOR LEVYING THE TAX RATES FOR THE YEAR 1998. e WHEREAS Section 367 of the Municipal Act, Chapter M.45, RS.O, 1990, as amended, authorizes the Council of a local municipality to prepare and adopt estimates of all amounts required during the year; AND WHEREAS Section 368 of the Municipal Act, Chapter M.45, RS.O. 1990, as amended, authorizes the Council of a local municipality to 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 rateable for local municipality purposes; AND WHEREAS Section 81 of the Fair Municipal Finance Act, 1997, Chapter 5, Statutes of Ontario, 1997, provides that the local municipality shall debit or credit the underlevy or overlevy for upper tier purposes or school purposes in 1997 to the general funds of the local municipality in 1998; AND WHEREAS the County of Simcoe has passed By-Law No. 4413 establishing the following tax ratios for the year 1998: ResidentialIFarm Multi-Residential Commercial Industrial Pipelines Farmlands Managed Forests 1. 0000 2,5575 1.1877 2.1840 1.1464 0.2500 0.2500 and establishing the County tax rates for the year 1998 including three bands on industrial assessment of property for the purposes of facilitating graduated tax rates for the industrial property class: Low Band Middle Band High Band $0 to $100,000 of assessed value $100,001 to $500,000 of assessed value $500,001 and over of assessed value 75% of highest industrial tax rate 80% of highest industrial tax rate 100% of highest industrial tax rate AND WHEREAS the County of Simcoe has passed By-law No. 4416 establishing the Education tax rates for the 1998; AND WHEREAS the County of Simcoe has passed By-Law No, 4414 to provide assistance to certain low income seniors and low income persons with disabilities; AND WHEREAS the County of Simcoe has passed By-Law No, 4415 to provide rebates to eligible charities; NOW THEREFORE the Council of the Corporation of the Township ofOro-Medonte enacts as follows: e L That the estimates of Expenditures required during the year 1998 for the purposes of the municipality shall be adopted as follows: General Government Local Boards and Commissions Fire and Emergency Police Building, By-Law and Planning Public Works and Municipal Drains Street Lighting $ 1,165,534 250,657 864,852 1,683,453 624,061 3,757,191 52,953 2 Water Works Systems County Waste Management Arena, Parks and Recreation, and Economic Dev, 702,371 838,127 867,588 Total estimated Expenditures for Local purposes $10,806,787 . Requisition rrom County of Simcoe 5,479,747 Requisition rrom School Boards 7.567.214 Total estimated Expenditures $23.853.748 2, That the estimates of Revenue required during the year 1998 for the purposes of the municipality shall be adopted as follows: Contributions from other Governments Other Revenues Special Charges on Property Taxation on Certain Railway and Power Utility Lands $ 567,086 3,942,564 793,867 2,699 Total estimated Revenues, other than taxation $ 5,306,216 3, That the following amounts shall be raised by taxation within the Township ofOro.Medonte in the year 1998: Township General Purposes County Purposes School Board Purposes $ 5,500,571 5,479,747 7,567,214 Total Tax Levy $18,547,532 4, That the Tax Rates shown on Schedule "A" attached hereto and forming part of this By-law shall be levied upon and collected rrom the whole of the assessment for real property, in accordance with the last returned Assessment Roll for the Township of Oro-Medonte, 5. That in addition to the foregoing the following Special Charges and Collectables be levied and collected: (a) A levy for the purposes of recovering amounts advanced under the provisions of the Tile Drainage Act, Chapter T,8, R.S.O. 1990, as amended, rrom benefitting properties. (b) A special levy to collect for the annual estimates for the following Street Lighting Areas apportioned on a flat rate basis to the benefitting properties: Jo-Con (Shan Oro), Plan M-66 Flat Rate Charges per Property Generated $ 28,00 $ 3,304 $ 28.00 $ 7,392 $ 28.00 $ 3,780 $ 28.00 $ 784 $ 28,00 $ 1,904 $ 28.00 $ 1,120 $ 28.00 $ 308 $ 86.00 $ 516 $ 28,00 $ 644 $ 28,00 $ 252 $ 86,00 $ 688 $ 56.00 $ 3,416 Street Li!!htin!! Areas Shanty Bay Hawkestone e Sugarbush, Plan M-367, Plan M-368 Oro Hills, Plan M324 Horseshoe Highlands, Phase 1, Plan M391 Horseshoe Highlands, Phase 2, Plan M447 Beechwood Crescent, Plan M-28l Raikes, Plan 1561 Martine Crescent, Plan M-295 Black Forest Estates, Plan M-191 Paislans, Plan 1682 3 Torpey, Plan M-71 $ 56,00 $ 1,288 Canterbury, Plan M-343 $ 28,00 $ 448 Harbourwood, Plan M-118 $ 28.00 $ 2,800 Parkside Drive, Plan 875 $ 28.00 $ 1,008 Cedarbrook Estates, Plan M-157 $ 38,00 $ 912 Mount St. Louis Estates, Plan M-112 $ 56.00 $ 2,072 e Day Subdivision, Plan M-162 $ 86.00 $ 344 Conder Drive, RP5l R624, RP5 I R2l63 $ 28,00 $ 756 Preston Subdivision, Plan M-104 $ 38.00 $ 1,216 Georgian Heights, Plan M-92 $ 28,00 $ 1,372 Pritchard Subdivision, Plan 1626 $ 28,00 $ 1,876 Snowshoe Trail, Plan M-174 $ 56,00 $ 1,232 Robin Crest Subdivision, Plan M-101, Plan M-123 $ 56,00 $ 4,536 Cairns Estates, Plan 1676 $ 56,00 $ 1,624 Kade Meadows, Plan M-340, Plan M-469 $ 38,00 $ 1,596 Forest Glen, Plan M-264 $ 38.00 $ 608 Forest Home Industrial Park, Plan 1719, Plan 1720 $ 56,00 $ 2,744 Total $ 50.540 c) A special levy to collect for the annual estimates for County Waste Management apportioned on a flat rate basis per user: Flat Rate Charges per User Generated Residential $ 110,00 $ 708,687 Commercial, garbage collection, disposal & recycling $ 110,00 $ 34,080 Commercial, recycling only $ 35.00 $ 560 Total $ 743,327 (d) A levy for any or all other amounts collectable pursuant to any statute or by-law and chargeable to any or all real property and business and/or person or persons to be raised in the same manner and at the same time as all other levies, rates, charges and/or collections. 6. That the final tax bill less the interim tax bill be due and payable in two equal installments on or before September 23, 1998 and October 15, 1998. 7, 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. 8, A penalty for non-payment of taxes shall be imposed not exceeding 1 v.% on the first day of default, and on the first day of each calendar month thereafter during the year 1998, until the taxes are paid. e 9. That there be added an interest charge of 1 v.% on the first day of each month on any outstanding tax arrears rrom the 31 st day of December in the year in which the taxes were levied until the taxes are paid, 10. That taxes may be paid either in full or by installments for remittance payments to the credit of the Treasurer on or before the day on which such taxes fall due, 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, but after the due date of any unpaid taxes, no payment of any taxes or any arrears of taxes shall be paid in this manner. ./ ,-' . . e .' 4 11. That all taxes be paid into the Office of the Treasurer. 12. That the Treasurer be authorized and directed to collect any penalty or interest or any other levies, rates, charges or collections in the same manner as empowered to collect taxes levied by the Council. 13, That the Treasurer be authorized to accept part payment rrom 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 does 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. 14, That this by-law come into force and take effect on and from the date ofthe final passing thereof for the current year 1998, Read a first and second time this 19 th day of August, 1998, By.law read a third time and finally passes this 19th day of August , 1998. THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE , t ~_ /5C i"lj ! Mayor Ian Beard '4- L_ /..L- Clerk Lynda Aiken SCHEDULE "A" OF BY-LAW NO. 98-88 . ., THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE 1998 TAX RATES " PROPERTY CLASS TOWNSHP PURPOSES COUNTY PURPOSES EDUCATION PURPOSES TOTAL TAX RATE Residential/Fann 0.422060% 0.421597% 0.460000% 1.303657% Multi-Residential 1.079419% 1.078234% 0.460000% 2.617653% Commercial Occupied 0,501281% 0,500731% 2,190685% 3.192697% Commercial Vacant 0,350897% 0.350512% 1.533479% 2,234888% Industrial Occupied Low Band 0,844121% 0,747142% 3,310083% 4.901346% Industrial Occupied Middle Band 0.900396% 0,796951% 3,530756% 5,228103% Industrial Occupied High Band 1.125495% 0,996189% 4.413445% 6.535129% Industrial Vacant Low Band 0,548679% 0.485642% 2.151554% 3,185875% Industrial Vacant Middle Band 0.585257% 0,518018% 2.294991% 3,398266% Industrial Vacant High Band 0,731571% 0,647523% 2,868739% 4,247833% Pipelines 0.483850% 0.483319% 2,146900% 3.114069% Fannlands 0,105515% 0.105399% 0,115000% 0.325914% Managed Forests 0,105515% 0.105399% 0.115000% 0,325914% NOTE: Vacant includes vacant land and vacant units/ excess land Commercial class includes Parking Lots, Shopping Centres and Commercial Offices Industrial class includes large Industrial Page 1