HomeMy WebLinkAbout72-18THE CORPORATION OF THE
TOWN OF BOWMANVILLE
By -Law No. 72 -18
A by -law to adopt the estimates of all sums
required during the year and to strike the
rates of taxation for the year 1972.
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 Commissions of the Municipality and it is necessary that
the following sums be raised by means of taxation for the year 1972.
General Purposes $ 6981,689
County Purposes 1961,435
Public School 326,963
Separate School 147506
High School 3162762
$1,553,355
AND WHEREAS the Assessment Roll made in 1970 and upon which the 1972 taxes
are to be levies was finally revised by the Court of Revision;
AND WHEREAS the amount of Assessment entitled to benefit hereinafter
to be referred to as Residential and Farm, and the amount of Assessment not
entitled to benefit from Unconditional Grants in accordance with Sections
302 and 307 of the Municipal Act hereinafter referred to as Commercial and
Business, is as follows:
Residential Commercial
& Farm & Business Total
Public School 7,19851532 344321540 10,631,072
Separate School 3365,866 130,120 4661986
High School 71535,398 31562,660 1110982058
AND WHEREAS the amount of Unconditional Grant is $64,700 which is
equivalent of 8.57 Mills of 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 1972 totalling $2,167,009,
be adopted and the following amounts be levied therefore in the manner as set
out hereinafter
General Purposes 69811689
County Purposes 196,435
Public School 3261P963
Separate School 14,506
High School 316,762
$1,553,355
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 1972.
RESIDENTIAL COMMERCIAL
AND FARM AND BUSINESS
Public School Rate 29.69 32.99
High School Rate 27..56 30.62
County Rate 17.70 17.70
General Rate 60.12 68.69
Total Public School Rate 135.07 150.00
Separate School Rate 30.13 33.48
High School Rate 27.56 30.62
County Rate 17.70 17.70"
General Rate 60.12 68.69
Total Separate School Rate 135.51 150.49
3. All taxes, including all local improvement assessments, shall be deemed
to have been imposed and become due and payable on the lst Day of January,
1972, but may be paid in six instalments, of which instalments, three will
be to receive interim taxes levied under authority of By -Law No. 70 -6.
4. The remaining taxes, including local improvement assessments, after
deducation of taxes levied prior to the adoption of these estimates may
be paid in three instalments of the 11th Day of August, 1972, the 22nd Day
of September, 1972, and the 3rd Day of November, 1972.
5. There shall be imposed a penalty for aeon- payment of taxes on the due date
of any instalment thereof, the amount of 1% of the amount due and unpaid on
the first day of default and an additional penalty of 1% 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.
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 e.. Day of
......... A. o4,4, 1972.