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HomeMy WebLinkAbout96-50 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON BY-LAW NUMBER 96-50 Being a by-law to authorize the establishment of an Optional Pre-Authorized Payment System for Taxes and an Employee Payroll Deduction for Tax Payments WHEREAS pursuant to Section 399 of the Municipal Act, R.S.O. 1990, Chapter M-45, the Municipality is empowered to provide for the payment of realty taxes by instalments and is further empowered to invoke penalties and discounts; AND WHEREAS the Municipality is further empowered to direct that such monies be paid by the person charged with payment into banks as authorized by the said section of the Municipal Act; NOW THEREFORE the Council of the Corporation of the Municipality of Clarington enacts as follows: 1. THAT a pre-authorized payment system for taxes be approved with the following conditions: (1) In this By-Law, PRE-AUTHORIZED PAYMENT SYSTEM means the pre- authorized monthly withdrawal of the realty taxes from the taxpayer's financial institution through electronic funds transfer. (2) Residential, industrial and commercial realty taxpayers of the Corporation of the Municipality of Clarington may enrol in an optional Pre-Authorized Payment Plan to provide for the payment of realty taxes, and other charges collected in a like manner as taxes, in monthly payments in any year. The payments will be made by pre-authorized withdrawal from the taxpayer's financial institution. (3) The Pre-Authorized Payment Plan commences on December 1, 1996. (4) Payments made under the Plan for 1997 will be divided into twelve (12) payments. The first payment will be withdrawn on December 1, 1996 and on the first day of each subsequent month until November 1, 1997. This will automatically continue for subsequent tax years unless otherwise notified by the taxpayer. (5) If the taxpayer makes all payments as required by the Plan, no penalty or interest will be levied. (6) Continued enrolment in the Pre-Authorized Payment Plan may be revoked by the Treasurer, if more than one (1) monthly payment fails to be honoured. If a taxpayer defaults on more than one (1) payment, the Treasurer may cancel the privilege of any defaulting taxpayer to participate in the Pre-Authorized Payment Plan for one (1) year. Tax accounts disqualified from the program, shall revert to the regular instalment billing system and be subject to penalty and interest in accordance with Municipal By-Laws. 2. THAT effective the 1996 taxation year, employees be permitted to make realty tax payments via payroll deduction, based on the number of pay periods over a calendar year and subject to the above applicable clauses. By-Law read a first and second time this 26th day of February 1996. By-Law read a third time and finally passed this 26th day of February 1996. Mayor Clerk