CORPORATION OF THE TOWNSHIP OF STRONG

BY-LAW # 2011-003

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 no penalty charge added to overdue taxes shall be compounded.

3. 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.

4. 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 11^th day of January 2011

As read a Third time and passed on a motion by:____________________

And Seconded by:________________________ this 25^th day of January 2011.

______________________________________

Mayor Christine Ellis

______________________________________

Clerk/Treasurer, Linda Maurer

Certified to be a true

Copy of the Original by-law

Passed this 25^th day of

January 2011.