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BY-LAW No
1-7'
A, 13Y-Law of the Municipal Council of the Corporation of the Town of
Bowmanville tp raise by tax xation oertain, suns of money for Town,, County,,,
Debenture and School. purposes for the year 1950
VURLAS� the Municipal Council of the 4Corporatio.n of the Town of Bo' anvi lle
Wm
hereby enacts';- First;
That the several sums of r.oaey hereinafter mentioned be levied
equally upon the whole rateable property ,of the said Town of -
Bowmanville, as appears by the kssessment Roll, for the year 19500,
Second,
That the sum of 4 81,396.96 be levied bei ng a rate of 26.8 mills,
on I the dollar required as ordinary Town rate as sho,.k;n in estimates
hereto' attached *
T-hird;-
. xhat the sum of 4 429824o52 be levied being a rate of 14.1 mills
on the dollar required for Public School expenditures as appears
by their re. uisition before Council.
--
Fourth;
•
That the 'sum of .$ 19, 1+38.08 be levied bein'ga rate of 6.4 mill's-
on the dollar required for High School expenditures. as shown by
. ....... .
7711
fth
'Xhat the sum of %t 49-555o80 be levied being, a rate of 1*5 mills
on the dollar required to meet certain sewerage and local
Improvement debentures and interest maturing during the hear 19500
Sikth;-
That the sum of $ 249905e04 be levied being a rate of 8.2 mills
on the dollar requited to meet the County Rate, for 19500
Seventh;,
That ,the several amounts shall be paid into tte off ' ice of the
orax Collector in four equql instqllments on April 12th, June 1,4th
September 6th and November 22nd, next*
PUghth;
Shbuld any of the installments be not paid om Or'bef ore . due date
c
penalties'will -be'added at the rate of % pe x month, or'fr ' a6t ion ,
thereof until December' 31st next when 4_% is added ,to all 1950
taxes remaining unpaid*
To all unpaid taxes after 'Deoembe.d. 31st next, a statuary penalty
of, k % per calendar month or frigetion hereof will be added u ntil
taxes are paid* J
ShOuld the second installment be pald with, tbLe, first lnstallment_
000nd installment
shall'be allowed off the second
... ............. ............ .
--Should the third installment be paid With the first in stallmeht'.
% -shall be, allowed off the third installment.*
discount of li .... ....
Should the-fourth installment be paid .with the first installment
a, discount f 2j % 'shall be allowed off the :rburth Installment*
Ninth
That the i eve ral sums of money-be levied, collected and paid over
to the credit of the Town of Bowmanville pursuant to toe Statutes'
and By-Law of the Corporation of the ,Town of BowmanVille in that
behalfe
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, RSTIMAT 1
,,
. 4. ES 1950
• , _ , + .1. 11
Debenture Hate 4�, 604.64 at 1 e 5 mills realizing 4; 5 5 5.80
I
I'll
County Rate $ 25, 000.00 at 8o 2 mills realizing 1.
24,905.04.
lublic School Rate . *, 42,851.30 at 14..1 mills realizing $ 429824.52
I
t. Hi h School Rate ,� 19,x+25.85 at b.1+ mills realizing 19,438.$
8
Genera, Rate $ 81, 380.00 at 26.8 mills realizing 81, 396.96
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(Total amount of •Assess�nient Roll � ,� $ 3,037,200
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