CORPORATION OF THE TOWNSHIP OF STRONG

 

BY-LAW # 2010-002

 

 

BEING a By-Law to impose a penalty charge expressed as a monthly percentage charge for non payment of current taxes or any class or installment thereof.

 

WHEREAS THE MUNICIPAL ACT, 2001,  S.O. 2001, CHAPTER 24, SECTION 345 (2), provides for the Council by By-Law to impose a percentage charge as a penalty for non-payment of taxes or any class or installment thereof not exceeding one and one quarter percent on the first day of default and 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, and,

 

WHEREAS the Council deems it advisable to enact such a By-Law,

 

NOW THEREFORE, the Council of the Corporation of the Township of Strong (hereinafter called the Corporation) enacts as follows:

 

1.  That the Treasurer be authorized to add to the amount of all current taxes or any class or installment thereof due and unpaid, a penalty charge at the rate of one and one quarter percent on the first day of default and on the first day of each calendar month thereafter in which the default continues but not after the end of the year in which the taxes are levied.

 

2.  That the Council for the Township of Strong will accept regular payments on the current taxes without penalty or interest charged provided that:

            -there are no outstanding arrears

            -regular payments are received

            -it is understood that failure to provide regular payments will result in this option rescinded and penalty charged from the first day of default.

 

3.  That no penalty charge added to overdue taxes shall be compounded.

 

4.  That any penalty charge on overdue current taxes imposed by any previous By-Law shall cease to have effect on the day of the penalty charge imposed by this By-Law comes into effect.

 

5.  That this By-Law shall come into force on the day it receives third reading and is finally passed.

 

Read a First, Second time this 12th day of January 2010

 

As Read a third time and finally passed in Council on a

Motion by:  Vi Montpetit

 

Seconded by: Chris Ellis this 12th  day of January, 2010.

 

 

 

                                                                         ______________________________________

                                                                                    MAYOR, STEPHEN RAWN

 

 

                                                                        ______________________________________

                                                                                   CLERK, LINDA MAURER

 

Seal