Loading...
2021-006 By-law 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 No. 2021-006 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 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 Friday February 26th, 2021 and Friday April 301h, 2021. 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 2021, 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 315f 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. That By-law No. 2019-129 and By-law No. 2020-041 are 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, Second and Third time and passed, this 13th day of January, 2021. The Corporation of the Township of Oro-Medonte May r, H.S.. H ghes Cie Yvonne Aubichon