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HomeMy WebLinkAbout74-23 .. .. . . ." .' . " ' AMENDED BY 5 BY.LAW It~Q.;.J.i.. AMENDED BY Q1- I ~ 1 BY-LAW #.q......... . THE CORPORATION OF TIm TOtm OF NEiTCASTLE By-Law No 74-23 n by-law to authorize a levy on the whole of the assessment for real property and business prior to adoption of the annual estimates. ~mEREAS the Council of the Corporation of the Town of Newcastle deems it a convenience to the taxpayer and economical to adopt a system of interim tax billing, Nmr THEREFORE the Council of the Corporation of the Town of Newcastle, pursuant to the provisions of Section 303-(1) of the Uunicipal Act. F..C.O. 1970 Chapter 284 hereby EN/leTS AS FOLLOtTS: 1. There shall be levied on the whole of the assessmeat for real property and business according to the last revised assessment roll and before the acoption of the estimates for the year, 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 preceecHng year on residential real property of public schoe1 supporters. 2. The taxes so 1eviec shall ve deemed to have been imposed and become due and payable on the 1st day of January in each year, but may be paid in two instalments, the first instalment being du~~n; or about the 15th day March and the second instalment due on or about the 15th day of May. I ~ 3. There saal1 be imposed a penalty for non-payment of any taxes on the due date of any instalment thereof, the amount of 1 per cent of the amount clue and unpaid on the first clay of deliault and an additional 1 per cent shall be added on the first day of each calendar month thereafter in which default continues, but not after the end of the year in wh!ch the taxes are levied. ~ .. '. . . . " ... --2 4. The Collector is herehy authorized to mail or cause to be mailed the notice of taxes Que to the acor0ss Df the residence or place of business of the person to whom notice is required to be given. 5. THAT all by-lavIs of the Tovmship of Darlington, the Town of Bowmanvillc, the Township of 6lar:ce and the Village of Newcastle not consistent with this by-law and are hereby repealed. 6. This by-1al'; shall come into force anc effect upon the elate of the final rca0ing thereof. ~~ Rea" a First~ Second an'l1 Tkirg Time and l%iiI ~J__.A 0lI it This 7M.. Day of January ,['l.D. 1~74. ~~~--L~/ u '.- /~ / HAY OR k ~ . t vL:V"" CLERK ,Read a third and final time this 14th day of January, 1974. Seal