2023-054 By-law 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. 2023-054
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 a 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 February 28th, 2023, and April 28th, 2023.
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. If the taxes of any class or installment thereof so levied in accordance with
this b-by-law remain unpaid on the due date, a penalty of one and one -
quarter percent (1.25%) per calendar month of the taxes remaining unpaid
shall be levied on the first day of default.
5. On the first day of the calendar month following the due date and every month
thereafter for as long as there are taxes remaining unpaid, interest at the rate
of one and one -quarter percent (1.25%) of the unpaid taxes shall be levied.
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, collectible and due in respect to any non-payment.
8. That By-law No. 2022-005 is hereby repealed in its entirety
9. That this by-law shall come into force and take effect on the final passing
thereof.
By-law read a First, Second and Third time and passed, this 14th day of
June, 2023.
The Corporation of the Township of Oro-Medonte
ee-77re---
/Mayor; Randy -brae
Yvonne Aubichon