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BYLAW - Interim Tax Levy (1986) - 19851216 - 281585BY-LAW NUMBER 2815-85 OF THE MUNICIPAL CORPORATION OF THE TOWN OF AURORA BEING A BY-LAW TO PROVIDE FOR AN INTERIM TAX LEVY IN THE YEAR 1986 AND IN EACH SUCCEEDING YEAR. WHEREAS under the provisions of Section 159 of the Municipal Act, R.S.0.1980 C 302, council is authorized to pass a by-law before the adoption of the estimates in any year, providing that in that year and in each succeeding year a levy be made before adoption of the estimates of the year; AND WHEREAS the Council of the Town of Aurora deems it expedient to made the aforesaid levy in the year 1986 and each succeeding year before the adoption of the estimates. NOW THEREFORE the Muni ci pa 1 Counci 1 of the Corporation of the Town of Aurora ENACTS AS FOLLOWS: 1. That in the year 1986 and in each succeeding year, before the adoption of the estimates in any such year, a levy shall be made on the whole of the taxab 1 e assessment for rea 1 property according to the 1 ast revised assessment roll a sum not exceeding 50 per cent of that which would be produced by applying to such assessment the total rate for all purposes 1 evi ed in the preceding year on res i denti a 1 rea 1 property of pub 1 i c school supporters, sewered and non-sewered. 2. That in the year 1986 and in each succeeding year, before the adoption of the estimates in any such year, a levy shall be made on the whole of the business assessment according to the last revised assessment roll a sum not exceeding 50 per cent of that which would be produced by applying to such assessment the total rate for all purposes levied in the preceding year on business assessment of public school supporters, sewered and non-sewered. 3. The Treasurer is hereby authorized and directed to annually establish and levy a rate to produce the corresponding amounts provided for under Clauses 1 & 2 of this by-law. 4. The dates for payment of taxes under this by-law shall be as follows: Due date of 1st instalment: February 28th, 1986 Due date of 2nd instalment: March 2Hh, 1986. Due date of 3rd instalment: April 30th, 1986 5. In default of payment of the first instalment of taxes or any part thereof by the day named therein for the payment thereof, the remaining instalment or instalments shall forthwith become payable. • BY-LAW NUMBER Page 2 6. A percentage charge of 1.25 per centum shall be imposed as a penalty for non-payment of and shall be added to every tax instalment or part thereof remaining unpaid on the first day following the last day of payment of each such instalment and thereafter an additional charge of 1. 25 per centum shall be imposed and shall be added to every such tax instalment or part thereof remaining unpaid on the first day of each calendar month in which default continues up to and including December of each year. 7. The tax collector not 1 ater than 14 days prior to the date that the first instalment is due shall mail or cause to be mailed to the address of the residence or place of business of each person a notice setting out the tax payments required to be made pursuant to this by-law, the respective dates by which they are to be paid to avoid penalty and the particulars of the penalties imposed by this by-law for late payment. 8. Taxes shall be payable to the Corporation of the Town of Aurora and shall be paid to the Treasurer's office at 50 Wellington Street West. 9. The Treasurer be and is hereby authorized to accept part payment from time to time on account of any taxes due and to give a receipt for such part payment provided that acceptance of any such part payment shall not affect the collection of any percentage charge imposed and collectable under Clause 3 in respect to non-payment of taxes or of any instalment thereof. 10. That this by-law supercedes any previous by-laws and amendments. c-, READ A FIRST AND SECOND TIME THIS /(, DAY OF LL~~ c·········· READ A THIRD TIME AND PASSED THIS I{, DAY OF ~ .. ~ MAYOR 1985. 1985.