HomeMy WebLinkAbout704A by-law concerning the imposition of a penalty for non-payment of taxesWHEREAS The Assessment Act R.S.O. 1950 Chap.24 and amend -
i tents thereto authorizes Municipal Councils to impose ' penalties
for non- VOTaent of taxes and
WHEREAS in order - to discourage. the non-payment of taxes it
is.deemed expedient to impose such a penalty on taxes payab3e y
to this Corporation.
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tent thereof of one per •
#a p cent shall be unposed on the first day of
default of payment of the . said taxes and a further penalty of
one-percent shall be added on the first day of each calendar
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