A By-law to Set Tax Ratios for Municipal Purposes for the Year 2007

WHEREAS the Municipal Act, 2001. Chapter 25, S308 requires Council of the Corporation of the Township of Strong to establish the tax ratios for 2007 for the Township of Strong;

AND WHEREAS the Tax Ratios determine the relative amount of taxation to be borne by each property class;

NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE TOWNSHIP OF STRONG DOES HEREBY ENACT AS FOLLOWS:

1. That for the taxation year 2007, the tax ratio for property in:

a) the residential/farm and multi-residential property class is 1.0000

b) the commercial and industrial occupied property class is 1.1000

c) the Pipeline property class is (Reg 234/06 .816426

d) the farmlands and managed forest property class is .2500

e) the commercial vacant property class is .7000

f) the industrial vacant property class is .6500

2. That this by-law shall come into force and take effect on the day of the final passing thereof.

3. That by-law 2006-1529 and all previous tax ratio by-laws are hereby repealed

READ A FIRST AND SECOND TIME THIS 23^rd DAY OF January 2007

READ A THIRD TIME AND FINALLY PASSED IN OPEN COUNCIL ON A MOTION BY

Chris Ellis AND SECONDED BY Vi Montpetit THIS 23rd DAY OF January 2007

STEPHEN R RAWN, MAYOR

DIANA GEORGIE, CLERK

CERTIFIED to be a true

copy of By-law #2007 - 1540

enacted in open council

this 23rd day of January, 2007