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1992-040 Oro ~ 't THE CORPORATION OF THE TOWNSHIP OF ORO I I I I ! I I .- \1 ,I I BY-LAW NO. 92-40 A BY-LAW OF THE CORPORATION OF THE TOWNSHIP OF ORO TO ADOPT APPROVE THE 1992 ESTIMATES OF ALL AMOUNTS REQUIRED FOR THE CURRENT YEAR 1992 AND TO LEVY THE RATES OF TAXATION FOR THE CURRENT YEAR 1992 WHEREAS Section 164 c.302 of the Municipal Act. R.S.O. 1980, as amended, authorizes Councils to pass by-laws to adopt current year estimates and to set the rates of taxation; AND WHEREAS the Council of the Corporation of the Township of Oro wishes to adopt its 1992 estimates of all amounts required for the current year 1992 and to levy the rates of taxation for the current year 1992; NOW THEREFORE the Council of the Corporation of the Township of Oro enacts as follows: 1. That the following 1992 estimates of the various bodies are to be raised by means of taxation for the current year 1992: Township Purposes County Purposes Public School Elementary Purposes Public School Secondary Purposes Separate School Elementary Purposes Separate School Secondary Purposes $1,760,292.00 868,028.24 3,294,521.63 2,536,772.13 238,964.89 196.316.90 $8.894.895.79 AND WHEREAS in accordance with the latest revised Assessment Roll the following is the amended total taxable assessment for each of the bodies for which it is necessary to levy rates of taxation for the current year 1992: Res. Comm. /Bus. Total Twp Purposes 397,399,490 45,470,134 442,869,624 County Purposes 397,399,490 45,470,134 442,869,624 Pub. School Elem. 367,884,845 43,897,607 411,782,452 Purposes Pub. School Sec. 367,884,845 43,897,607 411,782,452 Purposes Sep. School Elem. 29,514,645 1,572,527 31,087,172 Purposes Sep. School Sec. 29,514,645 1,572,527 31,087,172 Purposes NOW THEREFORE the Council of the Corporation of the Township of Oro enacts as follows: 1. That the 1992 estimates be approved and adopted and the following amounts be levied in the manner set out hereinafter: Township Purposes County Purposes Public School Elementary Purposes Public School Secondary Purposes Separate School Elementary Purposes Separate School Secondary Purposes $1,760,291. 94 867,983.87 3,294,569.68 2,536,887.24 238,966.64 196.312.25 $8.895.011. 62 ~ f I I .. BY-LAW NO. 92-40 " ii II il I ,I II .- II Ii II i I' I II II II II I II -2- 2. That there be levied and collected upon all taxable assessable real properties and business within the Township the following taxation mill rates for the current year 1992: Total Separate School Purposes Res. Comm. /Bus. 3.904 4.593 1. 925 2.265 7.853 9.239 6.047 7.114 7.619 8.963 6.259 7.364 19.729 23.211 19.707 23.185 Township Purposes County Purposes Public School Elementary Purposes Public school Secondary Purposes Separate School Elementary Purposes Separate School Secondary Purposes Total Public School Purposes 3. 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. 1971 from the benefiting properties. (b) A levy to collect for the annual estimates of hydro charges for the Shanty Bay Street Lighting area be set at the rates of Residential .351 mills and Commercial .413 mills for the 1992 estimate figures. (c) A levy to collect for the annual estimates of hydro charges for the Hawkestone Street Lighting Area be set at the rates of Residential .247 mills and Commercial .291 mills for the 1992 estimate figure. (d) The street lighting charges for Plans 1561, 1682, M-66, M-71, Bass Lake Area (Conc. 14), Plan 875, Black Forest and Quadrant Subdivision shall be apportioned to property owners within the affected area based on the 1992 estimates of costs. (e) Water Rates in the amount of $240.00 for the Township Municipal Water Systems. (f) 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. I II ., .1 4. That any surplus figure above $2,500.00 derived from the 1991 estimates for the general levy of the Municipality shall be allocated to a reserve account for Working Capital. 5. That the final tax bill less the interim tax bill be due and payable in two equal instalments on or before July 17, 1992 and September 18, 1992. 6. That the Treasurer mail or cause to be mailed the notice of taxation due to the address of the residence or place of business of the person or persons to whom such notice is required to be given as shown on the latest revised Assessment Roll. ~ BY-LAW NO. 92-40 , -3- 7. That no person or persons be permitted to allow business taxes to be in arrears. 8. That there be imposed as a penalty for non-payment of taxes or any installment thereof after any given due date a charge of 1.25 per cent on the first day of each calendar month thereafter in which default continues but not after December 31 in the current year. 9. That there be added an interest charge of 1.25 per cent on the first day of each calendar month to the amount of all taxes due and unpaid for each month or fraction thereof from December 31 in the current year until taxes are paid. 10. That taxes shall be paid either in full or by instalments for remittance purposes to the credit of the Treasurer on or before the day on which such taxes fall due at the main branches of the Toronto Dominion Bank in Orillia and Barrie which accept and processes 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 at the Toronto Dominion Bank in Barrie or Orillia. 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 from time to time on account of any taxes due and to give a receipt for such part payment does not affect the collection of any penalty or interest or any other levies, rate, 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 of the final passing thereof for the current year 1992. Read a first and second time this 6th day of May, 1992. By-law read a third time and finally passed this 6th day of May, 1992. THE CORPORATION OF THE TOWNSHIP OF ORO ~~~- Ree~ Robert E. Drury ~