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HomeMy WebLinkAbout70-17I THE CORPORATION OF THE TOWN OF BOWMANVILLE By -Law No. 70 -17 A by -law to adopt the estimates of all sums required during the year and to strike the rates of taxation for the year 1970. WHEREAS the Council of the Corporation of the Town of Bowmanville has, in accordance with The Municipal Act, considered the estimates of the municipality and of the Boards and Commisdons of the municipality and it is necessary that the following sums be raised by means of taxation for the year 1970: General Purposes $6913P600 County Purposes $156,991 Public School $3164685 Separate School $ 12,100 High School $342,682 AND WHEREAS the Assessment Roll made in 1969 and upon which the 1970 taxes are to be levied was finally revised by the Court of Revision; AND WHEREAS the amount of assessment entitled to benefit here- inafter referred to as Residential and Farm, and the amount of assessment not entitled to benefit from Unconditional Grants in accordance with Sections 294 and 297 of The Municipal Act hereinafter referred to as Commercial and Business, is as follows: Residential Commercial And Farm And Business Total Public School $6,8021658 Separate School 2323050 High School 7,0342708 $312161214 $10,018,872 116,060 348,110 33332,274 10,366,982 AND WHEREAS the amount of the Unconditional Grant is $47,450, which is the equivalent of 6.74 mills on the assessment entitled to benefit; THEREFORE the Council of the Corporation of the Town of Bowmanville ENACTS AS FOLLOWS: 1. That the total estimates required during the year 1970 totalling $2,063,093, be adopted and the following amounts be levied therefore in the manner as set out hereinafter: General Purposes $644,150 County Purposes $156,991 Public School $316,685 Separate School $ 12,100 High School $342,682 2. There shall be levied and collected upon the assessable land, buildings, and businesses within the Corporation of the Town of Bowmanville, the following rates for the year 1970: Public School Rate High School Rate General Rate County Rate Residential And Farm 30.52 31.92 59.97 15.14 Commercial And Business 33.91 35.46 66.71 15.14 TOTAL PUBLIC SCHOOL RATE 137.55 151.22 Separate School Rate 33.52 37.24 High School Rate 31.92 35.46 General Rate 59.97 66.71 County Rate 15.14 15.14 TOTAL SEPARATE SCHOOL RATE 140.55 154.55 - 2 - 3. All taxes, including all local improvement assessments, shall be deemed to have been imposed and become due and payable on the 1st day of January, 1970, but may be paid in six instalments, of which instalments, thee will be to receive interim taxes levied under authority of By -Law No. 70 -6. 4. The remaining taxes, including local improvement assessments, after deduction of taxes levied prior to the adoption of-these Estimates may be paid in three instalments on the 3rd day of August, 1970, the 15th day of September, 1970, and the 2nd day of November, 1970. 5. There shall be imposed a penalty for non - payment of taxes on the due date of any instalment thereof, the amount of 1`/o shall be added on the first day of each calendar month thereafter in wIlch default continues, but not after the end of the year in whcih the taxes are levied. 6. 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. 7. All taxes shall be paid into the office of the Treasurer. 8. The Collector and Treasurer are hereby empowered to accept part payment from time to time on account of any taxes due. 9. This by -law shall come into force and effect upon the date of the final reading thereof. READ A first, second and third time and finally passed this day of 1970.