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HomeMy WebLinkAbout89-93 THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW 89- 93 BEING a By-LaW of the COrporation of the Town of Newcastle to amend By-law 89-69 being a by-law to adopt the estimates of all sums required during the year for Municipal purposes and to strike the rates of taxation for Municipal Purposes for the year 1989. A clerical error resulted in the incorrect statement of the 1988 Assessment roll values upon which the 1989 taxes are to be levied. The following Assesment values are to be inserted in place of those stated in By-law .89-69. Residential Oommercial and Farm and Business Total Public School Separate School $40,994,866 8,666,175 $ 5,207,871 152,235 TOTAL 49,661,041 5,360,106 55,021,147 The mill Rate calculations were based on the correct assessment values, and therefore require no changes. BY-LAW READ a first and second time this 29th day of May, 1989. BY-LAW READ a third time and finally passed this 29thday of May, 1989. Mayor , . . , .. THE CORPORATION OF THE TOWN OF NEWCASTLE BY-LAW NUMBER 89- 94 II" BEING A BY-LAW TO ADOPT THE ESTIMATES OF ALL SUMS REQUIRED DURING THE YEAR FOR THE SCHOOL BOARDS AND RmIONAL GOVERNMENT PURPOSES AND TO STRIKE THE RATES OF TAXATION FOR THE YEAR 1989. WHEREAS, the COuncil of the COrporation of the Town of Newcastle, has, in accordance with the Municipal Act, considered the estimates of the School Boards and Regional Government and it is necessary that the following sums be raised by means of taxation for the year 1989. Regional Purposes $ 5,851,636 Elementary School - Public $ 9,376,671 Secondary School - Public $ 7,880,635 Elementary School - Separate $ 770,722 Secondary School - Separate $ 826,795 TOTAL $24,706,459 AND WHEREAS, the Assessment Roll made in 1989 and upon which the 1989 taxes are to be levied is the latest returned assessment roll, which is still subject to revision by the Court of Revision; Residential and Farm COmmercial and Business Total Public School Separate School $ 40,994,866 $ 5,207,871 $ 8,666,175 $ 152,235 $49,661,041 $ 5,360,106 $55,021,147 AND WHEREAS, Chaptor 302 Section 158 of the Municipal Act ROO 1980, states that the COuncil of every local Municipality in each year shall levy in the manner set in the Ontario unconditional Grants Act, on the whole of the assessment for real property and business assessment according to the last revised assessment roll, a sum equal to the aggregate of the sums adopted under Section 164. NCM THEREFORE, THE COUNCIL OF THE CORPORATION OF THE TOWN OF NEMCASTLE ENAcrS AS FOLLOWS: 1. That the estimated expenditures required during the year 1989 totalling $24,706,459 be adopted and the following amounts be levied therefore in the manner as set hereunder: Regional Purposes Elementary School-Public Secondary School-Public Elementary School-Separate Secondary School-Separate TOTAL $ 5,851,636 9,376,671 7,880,635 770,722 826,795 $24,706,459 ...2 '...,. . , . ' v page Two 2. There shall be levied and collected upon the assessable land, buildings, and businesses within the COrporation of the Town of Newcastle, the following rates for this year 1989: Public School Supporters Residential COmmercial Regional Government Elementary Secondary 103.427 183.173 153.948 121.679 218.497 181.115 Separate School Supporters Regional Government Elementary Secondary 103.427 143.071 153.581 121.679 168.319 180.565 ...3 i 1 " i ~ , , , Page Three . < . , . , 3. All taxes, including local improvements assessments, shall be deemed to have been imposed and become due and payable on the 1st day of January 1989 but may be paid in four installments, of which, two installments will be to receive interim taxes levied under authority of By-Law 74-23, amended by By-Law 80-145. 4. The remaining taxes including local improvement assessments, after deduction of taxes levied prior to the adoption of these estimates may be paid in two installments on the 23rd day of June and 22nd day of September 1989. 5. There shall be imposed a penalty for non-payment of taxes on the first day of default of any installment thereof, the amount of 1 1/4% of the amount due and unpaid on the first day of each calendar month there- after in which default continues, but not after the end of the year in which the taxes are levied, under authority of By-Law 83-38. 6. In accordance with the Municipal Act Section 386 (1) R.S.O. 1980, "in default of payment of any instalment by the day named for payment thereof, the subsequent instalment or instalments shall forthwith become payable". 7. The Tax Collector 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 notice is required to be given. 8. All 1989 taxes shall be paid during the calendar year of 1989 at any branch of the Canadian Imperial Bank of Commerce in the Regional Municipality of Durham and Town of Port Hope only. All prior years taxes shall be paid into the office of the Treasurer. 9. The Tax Collector and Treasurer are hereby empowered to accept part payment from time to time on account of any taxes due. 10. This By-LaW shall come into force and effect upon the date of the final reading thereof. By-LaW read a first and second time this 29th day of May 1989. By-law read a third time and finally passed this 29th day of May 1989. ~