THE CORPORATION OF THE TOWNSHIP OF STRONG

BY – LAW #2007 - 1544

BEING a By-law to provide for a 2007 Final Tax Levy for all classes, Adoption of the 2007 Estimates,  and to further provide for penalty & Interest in default of payment thereof for 2007

 

WHEREAS Section 312, 314, 315 and 474 of the Municipal Act, Chapter 25, S.O. 2001 as amended, provides that the Council of a Local Municipality shall adopt the estimates and set the tax rates for the year and pass a by-law to levy a tax rate on the assessment in each property class;

WHEREAS the 2007 Estimates for Local Government Purposes is $1,476,783

                     the 2007 Estimates for School Board Purposes is $   600,451      Total $2,076,234

 

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

1.                  Final Tax Levy for Commercial Band 1 with assessment up to $400,000 (Assessment 3,108,390)

General Government Rate  .00914344       School Boards         .00826386       Total    .0174073

 

2.                  Final Tax Levy for Commercial Band 2 with assessment up to 1,500,000 (Assessment 1,775,000)

General Government Rate   .00965141 School Boards              .00872296       Total    .01837437

 

3.                  Final Tax Levy for Commercial Band 3with assessment over 1,500,000 (Assessment 6,007,000)

General Government Rate   .01015938 School Boards .00918207       Total    .01934145

 

4.                  Final Tax Levy for Commercial Vacant with assessment Excess (62,928)

General Government Rate    .00685063          School Boards   .00619161       Total  .01304224

 

5.                  Final Tax Levy for Industrial Band 1 with assessment up to $200,000 (Assessment 1,046,130)

General Government Rate   .00599291 School Boards              .00755714       Total   .01355005

 

6.                  Final Tax Levy for Industrial Band 2 with assessment over $200,000 (Assessment – 3,576,715)

General Government Rate   .01089621 School Boards      .01374026               Total    .02463647

 

7.                  Final Tax Levy for real property in the Industrial Vacant/Excess Class (Assessment 99,940)

General Government Rate .00636130               School Boards      .00802168                Total   .01438298

 

8.                  Final Tax Levy for real property in the Multi-Residential Class (Assessment – 378,000)

General Government Rate  .00889689  School Boards              .00264             Total     .01153689

 

9.                  Final Tax Levy for real property in the Residential/Farm Class (Assessment – 135,760,470)

            General Government Rate  .00889689  School Boards              .00264             Total     .01153689

 

10.              Final Tax Rate for Real Property in the Pipeline Class (Assessment – 9,513,000)

General Government Rate  .00726365  School Boards              .00748353       Total     .01474718

 

11.              Final Tax Rate for Farmlands (1,264,800)  and  Managed Forest (270,240)

General Government Rate  .00222422  School Boards              .000660           Total     .00288422

 

12.              Final Tax Rate for Real Property in the Railways Class (122.01 acres)

General Government Rate  38.89                      School Boards         24.78                    Total    63.67

Ø      That every owner of land shall be taxed according to the tax rates in this by-law with a minimum total bill of $50.00 and such tax bill shall become due and payable as follows:

Capped Classes of property tax bills will have two installments with due dates as:   July 27th and Sep 27th

 Uncapped Classes of property bills will have two installments with due dates as July 27th and Sept.27th

Ø      All taxes in default on the 1st day past the end of the month will be charged a penalty of 1.25% per month that the default continues until December 31st 2007

Ø      Penalties and Interest added on all taxes shall be paid before tax amounts will be paid.

Ø      The Collector may mail or cause to be mailed to the address indicated on the last revised assessment roll, a printed notice specifying the amount of taxes payable and all will receive a Disclosure statement.

Ø      The Taxes are payable at the Township of Strong Municipal Office

Ø      This By-law replaces By-law #2006 - 1530

READ A FIRST AND SECOND TIME THIS 22ND DAY OF MAY 2007

READ A THIRD TIME AND FINALLY PASSED ON A MOTION BY  Merlyn Snow

AND SECONDED BY    Vi Montpetit                      THIS 22ND DAY OF MAY 2007

 

_______________________________________________________________________________________

Diana Georgie, Clerk                                                    Stephen R. Rawn, Mayor

CERTIFIED to be a true copy of By-law 2007 - 1544 enacted in open council this 22ND of MAY 2007