HomeMy WebLinkAbout70-6THE CORPORATION OF THE
TOWN OF BOWMANVILLE
By -Law No. 70- -
A by -law to authorize a levy on the whole
of the assessment for real property and
business prior to adoption of the annual
estimates.
WHEREAS the Council of the Corporation of the Town of Bowmanville
deems it a convenience to the taxpayer and economical to adopt a system of
interim tax billing,
NOW THEREFORE the Council of the Corporation of the Town of
Bowmanville, pursuant to the provisions of Section 294a of The Municipal
Act, R.S.O., 1960, Chapter 249, hereby ENACTS. AS FOLLOWS:
1. There shall be levied on the whole of the assessment for real
property and business according to the last revised assessment roll and
before the adoption of the estimates for the year, a sum nct exceeding 50 per
cent of that which would be produced by applying to such assessment the
total rate for all purposes levied in the preceeding year on residential
real property of public school supporters.
2. The taxes so levied shall be deemed to have been imposed and
become due and payable on the lst day of January in each year, but may be
paid in three instalments, the first instalment being due on or about the
2nd day of March, the second instalment due on or about the 15th day of
April, and the third instalment due on or about the 1st day of June.
3. There shall be imposed a penalty for non - payment of any taxes on
the due date of any instalment thereof, the amount of one -half of 1 per cent
of the amount due and unpaid on the first day of default and an additional
one -half of 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 which the taxes are levied.
4. The 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.
5. This by -law shall come into force and effect upon the date of the
final reading thereof.
s
READ a first, second and third time and finally passed this day
of 1970.
u
Mayor
r Clerk