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1993-003 Medonte e e e e page one THE CORPORATION OF THE TOWNSHIP OF MEOONTE BY-LAW NUMBER 93-03 Being a by-law to provide for an interim tax levy in the year 1993. WHEREAS the Council of the Corporation of the Township of Medonte enacted an interim tax levy by-law 83-6, as amended; AND WHEREAS under the provisions of Section 156 of the Municipal Act, R. S. O. 1990, Chapter M. 45, council is authorized to pass a By-Law before the adoption of the estimates in any year, providing that in that year a levy be made before adoption of the estimates for the year; AND WHEREAS the Council of the Township of Medonte deems it expedient to make the aforesaid levy in the year 1993 before the adoption of the estimates. THEREFORE the Council of the Township of Medonte ENACTS AS FOLLOWS: 1. That the Interim Tax Levy By-Laws 83-6 and 1992-01 are hereby repealed effective December 31, 1992. That in the year 1993 before the adoption of the estimates in that year, a levy shall be made on the whole of the taxable assessment for real property according to the last revised assessment roll for a sum not exceeding 50 per cent of that which would be produced by applying to such assessment the total rate for all purposes levied in the preceding year on residential real property of public school supporters. 2. e e e e page two THE CORPORATION OF THE TOWNSHIP OF MEOONTE BY-LAW 1993 - 03 3. That in the year 1993, before the adoption of the estimates in that year, a levy shall be made on the whole of the business assessment according to the last revised assessment roll a sum not exceeding 50 per cent of that which would be produced by applying to such assessment the total rate for all purposes levied in the preceding year on business assessment of public school supporters. The Treasurer is hereby authorized and directed to annually establish and levy a rate to produce the corresponding amounts provided for under Clauses 2 & 3 of this by-law. The dates for payment of taxes under this by-law shall be as follows: Due date of first instalment March 15, 1993 Due date of second instalment April 30, 1993 In default of payment of the first instalment of taxes or any part thereof by the day named therein for the payment thereof, the remaining instalment or instalments shall forthwith become payable. A percentage charge of 1 & 1/4 per cent shall be imposed as a penalty for non-payment of taxes and shall be added to every tax instalment or part thereof on the first day of default and thereafter and additional charge of 1 & 1/4 per cent shall be imposed and shall be added to every tax instalment or part thereof on the first day of each calendar month in which default continues, but not after the end of the year in which the taxes are levied. 4. 5. 6. 7. e e e e page three THE CORPORATION OF THE TOWNSHIP OF MEOONTE BY-LAW NUMBER 93-03 8. The tax collector not later than 21 days prior to the date that the first instalment is due shall mail or cause to be mailed to the address of the residence or place of business of each person taxed a notice setting out the tax payments required to be made pursuant to this by-law, the respective dates by which they are to be paid to avoid penalty and the particulars of the penalties imposed by this by-law for late payment. 9. Taxes shall be payable to the Corporation of the Township of Medonte and shall be paid to the Treasurer at the Township Office or at a designated branch of the Toronto-Dominion Bank. 10. The Collector and Treasurer be and are hereby authorized to accept part payment from time to time on account of any taxes due and to give a receipt for such payment, provided that acceptance of any such part payment shall not affect the collection of any percentage charge imposed and collectable under clause 4 in respect to non-payment of taxes or of any instalment thereof. READ a first and second time this 25th day of January 1993. READ a third time and passed this 25th day of January 1993. Reeve