WHEREAS an Upper Tier or Single Tier Municipality under Section 327 to Section 330 of the Municipal Act my adopt policies for Part IX of the Municipal Act, 2001,

WHEREAS the provision for capping allows municipalities to apply a cap to taxes charged to designated properties for the year 2010 and subsequent years. The percentage of this cap has been set at 10% for 2010 and subsequent years, and is an increase of 5% for rate of 5% used in 2005 to limit the tax increases and these will be totally offset by restrictions on tax decreases and be revenue neutral for 2011. The CVA Tax Threshold increases of $ 250.00 shall be used in the capped calculation.

WHEREAS all adjustment required as a result of capping provisions shall be done through taxes receivable, and should not alter overall reporting of Revenue from taxation.

WHEREAS all properties that have been levied in 2010 and subsequent years that are above the 10% shall be offset by revenue neutral analysis and 0% Clawback.

WHEREAS all new construction based on comparable properties or New to Class properties shall have set a floor of 100% of taxation.

WHEREAS any penalties for late payments that were charged against properties experiencing tax increase, it will be necessary to re-calculate the penalty amount as a result of the application of the 10% Capping for 2010 and subsequent years.

NOW THEREFORE the Council for the Corporation of the Township of Strong does hereby enact the following;:

1. Part IX of the Municipal Act, 2001 applies in all or part of 2011 and subsequent years with respect to property in the Township of Strong in the Commercial Property Class, the Industrial Property Class and the Multi-Residential property class.

2.. By-law 2008-1573 is hereby repealed.

AS READ A FIRST AND SECOND TIME THIS 14^TH DAY OF JUNE 2011

AS READ A THIRD AND FINALLY PASSED IN OPEN COUNCIL THIS

14^TH DAY OF JUNE 2011.

Seal __________________________________

Mayor, Christine Ellis

__________________________________

Deputy Treasuer, Tera Kincaid