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HomeMy WebLinkAbout68-12THE CORPORATION OF THE TOWN OF B014MANVILLE BY -LAW N0. 68 -12 A By -Law to adopt the estimates of all sums required during the year and to strike the rates of taxation for the year 1968. 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 ssions of the municipality and it is necessary that the following Boards and Commi sums be raised by means of taxation for the year 1968: $ 480,178.00 General Purposes County Purposes Public School $ 156,256.19 $ 272,374.49 Separate School $ 9,743.63 High School $ 368,104.11 AND WHEREAS the Assessment Roll made in 1967 and upon which the 1968 taxes are to be levied was finally revised by the Court of Revision; AND WHEREAS the amount of assessment entitled to benefit hereinafter referred to as Residential and Farm, and the amount of assessment not entitled to benefit fr om Unconditional Grants in accordance with Sections 294 and 297 of The Municipal c hereinafter referred to as Commercial and Business, is as follows: Public School Separate School High School Residential & Farm $ 6,413,505.00 $ 200,970.00 $ 6,614,475.00 Commercial & Business $ 2,958,709.00 $ 103,340.00 $ 3,062,049.00 Total $ 9,372,214.00 $ 304,310.00 $ 9,676,524.00 AND WHEREAS the amount of the Unconditional Grant is $45,804.00 which is the equivalent of 6.92 mills on the assessment entitled to benefit; THEREFORE the Council of the Corporation of the Town of Bowmanville ENACTS AS FOLLOWS: 943,100.00 1. That the total estimates required during the year 1968 totalling $1, unts be levied therefore in the manner as set out be adopted and the following amo hereinafter: - 2 - 2. There shall be levied and collected upon the assessable lands, buildings, and businesses within the Corporation of the Town of Bowmanville the following rates for the year 1968: 1 $ 434,374.00 General Purposes & Business $ 156,256.19 County Purposes 31.25 Public School $ 272,818.83 Separate School $ 9,743.63 High School $ 368,104.11 2. There shall be levied and collected upon the assessable lands, buildings, and businesses within the Corporation of the Town of Bowmanville the following rates for the year 1968: 1 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, 1968 but id in four instalments on or about the 21st day of May, 1968, the 15th day may be pa 1968, of July, 1968, the 3rd day of September, 1968, and the 1st day of November, provided that upon failure to make payment of one or all instalments, the whole shall become due and payable. 4. There shall be imposed a penalty for non-payment of taxes on the due date of an instalment thereof, the amount of 1% of the amount due and unpaid on the first y but not after the day of each calendar month thereafter in which default continues, end of the year in which the taxes are levied. 5. The Collector is hereby authorized to mail or cause to be mailed the notice the address of the residence or place of business of the person to of taxes due to whom notice is required to be given. Residential Commercia & Business & F arm 31.25 28.12 Public School Rate 40.83 36.75 High School Rate 49.62 42.70 General Rate 16.14 16.14 County Rate "—'-- 13 4 123.71 Total Public School Rate 34.00 31.00 Separate School Rate 40.83 36.75 High School Rate 49.62 42.70 General Rate 16.14 16.14 County Rate 126.59 140.59 Total Separate School Rate 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, 1968 but id in four instalments on or about the 21st day of May, 1968, the 15th day may be pa 1968, of July, 1968, the 3rd day of September, 1968, and the 1st day of November, provided that upon failure to make payment of one or all instalments, the whole shall become due and payable. 4. There shall be imposed a penalty for non-payment of taxes on the due date of an instalment thereof, the amount of 1% of the amount due and unpaid on the first y but not after the day of each calendar month thereafter in which default continues, end of the year in which the taxes are levied. 5. The Collector is hereby authorized to mail or cause to be mailed the notice the address of the residence or place of business of the person to of taxes due to whom notice is required to be given. - 3 - 6. All taxes shall be paid into the office of the Treasurer. 7. The Collector and Treasurer are hereby empowered to accept part payment from time to time on account of any taxes due. 8. This Byelaw shall come into force and affect upon the date of the final reading thereof. READ a first, second and third time and finally passed this day of 1968. d ayor Clerk