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BYLAW - Levy Rates of Taxation Year 2014 - 20140610 - 563114THE CORPORATION OF THE TOWN OF AURORA By-law Number 5631-14 BEING A BY-LAW to set and levy the rates of taxation for the taxation year 2014. WHEREAS for the purposes of raising the general local municipality levy, subsection 312(2) of the Municipal Act, 2001, S.O. 2001, c. 25, as amended (the "Act"), provides that a local municipality shall, each year, pass a by-law levying a separate tax rate, as specified in the by-law, on the assessment in each property class in the local municipality rateable for local municipality purposes; AND WHEREAS the Council of The Corporation of the Town of Aurora (the "Town") considers it necessary and desirable to levy certain tax rates on the whole of the rateable property according to the last revised assessment roll for the Town for the purpose of raising the Town's estimated expenditures of $34,822,700 adopted for the taxation year 2014, and the said tax rates are included in the tax rates set out in Schedule "A" to this By-law; AND WHEREAS the property classes have been prescribed by the Minister of Finance under the Assessment Act, R.S.O. 1990, c. A.31, as amended, and Regulations thereto; AND WHEREAS The Regional Municipality of York has approved the tax rates and tax ratios to raise its estimated expenditures adopted for the year 2014; AND WHEREAS pursuant to Ontario Regulation 400/98, amended to Ontario Regulation 2/14, made under the Education Act, R.S.O. 1990, c. E.2, as amended, the Minister of Finance has established the Education Tax Rates for all property classes for the year 2014; AND WHEREAS on December 10, 2013, the Council of the Town enacted By-law Number 5570-13 which levied an Interim Property Tax on the Residential, Multi- Residential, Commercial, Industrial, Pipeline, Farmlands and Managed Forest classes of property, before the adoption of the estimates for the taxation year 2014; NOW THEREFORE, THE COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA ENACTS AS FOLLOWS: 1. THAT for the property taxation year 2014, the Town shall levy upon the Residential Assessment, Multi-Residential Assessment, Commercial Assessment, Industrial Assessment, Pipeline Assessment, Farmland Assessment and Managed Forest Assessment the rates of taxation per current value assessment, as adjusted by the provisions of the Continued Protection for Property Taxpayers Act, S.O. 2000, c. 25, and which are set out in Schedule "A" to this By-law. 2. THAT the levy provided for in Schedule "A" to this By-law shall be reduced by the amount of the Interim Property Tax levy set out in By-law Number 5570-13 for the taxation year 2014 on the Residential, Multi-Residential, Commercial, Industrial, Pipeline, Farmlands and Managed Forest classes of property. 3. THAT for the payments-in-lieu of taxes due and payable to the Town, the actual amount due to the Town shall be based on the assessment roll as returned and the rates as prescribed in Schedule "A" to this By-law for the taxation year 2014, the revenue from which is considered as non-tax revenue for the Town in its budgets. By-law Number 5631-14 Page 2 of 3 4. THAT for the railway right-of-way taxes due and payable to the Town in accordance with Ontario Regulation 387/98, as amended and as established by the Minister of Finance, the actual amount due to the Town shall be based on the assessment roll as returned and the rates as prescribed in Schedule "A" to this By-law for the taxation year 2014, the revenue from which is considered as tax revenue for the Town in its budgets. 5. THAT for the utility transmission line taxes due and payable to the Town in accordance with Ontario Regulation 387/98, as amended and as established by the Minister of Finance, the actual amount due to the Town shall be based on the assessment roll as returned and the rates as prescribed in Schedule "A" to this By-law for the taxation year 2014, the revenue from which is considered as tax revenue for the Town in its budgets. 6. THAT all rates and taxes levied under the authority of this By-law shall, pursuant to section 342 of the Act, be due and payable in two instalments on Thursday, July 24, 2014 and Wednesday, September 24, 2014. These due dates are subject to amendment by the Director of Corporate & Financial Services - Treasurer, or his designate, if required, to meet the statutory notice period set out in section 343 of the Act, and may be changed for all properties in any or all property tax classes, but not for individual tax accounts. 7. THAT all taxes payable to the Town under the Pre-authorized Tax Payment Plans shall be due and payable on the last business day of each calendar month, starting in January, 2014, and continuing as required until and including December 31, 2014, in the manner established for each of the said Plans. 8. THAT the Director of Corporate & Financial Services-Treasurer or his designate shall add to the Collector's Roll all or any municipal charges in arrears for water and sewer billings, cutting weeds, property standards infractions, or any other charges which should be levied pursuant to any statute or by-law against the respective properties chargeable therewith and that the same shall be collected in the same manner and at the same time as all other rates or levies. 9. THAT a late payment penalty charge at the rate of one and one quarter percent (1.25%) shall be levied on the non-payment of any instalment of the taxes or any portion thereof as at the first day of each calendar month following the instalment date. 10. THAT if any taxes levied pursuant to this By-law remain unpaid on the first day of the month following the date a late payment penalty charge was added pursuant to section 9 of this By-law, interest at the rate of one and one quarter percent (1.25%) of the unpaid taxes as at the date of calculation shall be levied, and likewise again on the first day of each month thereafter for as long as there are taxes remaining unpaid. 11. THAT partial payments are to be applied to accounts in accordance with section 347 of the Act. Despite the provisions of subsection 347(3) of the Act, the Director of Corporate & Financial Services -Treasurer or his designate shall apply all payments received, including partial payments, to accounts in a consistent manner. 12. THAT the Director of Corporate & Financial Services-Treasurer or his designate is hereby authorized to mail or cause to be mailed the notices specifying the amount of taxes payable by a person liable for property taxes, addressed to them at their place of residence or place of business. 13. THAT Schedule "A" attached hereto shall be and form a part of this By-law. By-law Number 5631-14 Page 3 of3 14. THAT where there is a conflict between a provision(s) of this By-law and any other by-law of the Town, the provision(s) of this By-law shall prevail to the extent of the conflict. 15. THAT in the event any part or provision of this By-law, including any part or provisions of a Schedule(s), is declared by a court of competent jurisdiction to be void, illegal or invalid, the offending part or provision shall be considered as separate, severable and struck out from the remaining parts or provisions of this By-law, which parts or provisions shall remain valid, binding and offull force and effect. 16. THAT the provisions of this By-law shall come into full force and effect on the date of final passage hereof. READ A FIRST AND SECOND TIME THIS 101h DAY OF JUNE, 2014. READ A THIRD TIME AND FINALLY PASSED THIS 1dh DAY OF JUNE, 2014. ~~DAWE,MAYOR Schedule "A" to ByRiaw Number 5631-14 TOWN OF AURORA 2014 PROPERTY TAX RATES AND RATES FOR PAYMENTS-IN-LIEU OF TAXES TAX CLASS I QUALIFIER I 2014 I Town Rate Residential Taxable: Full RT 0.348163% Multi-Residential Taxable: Full MT 0.348163% Commercial Taxable: Full CT 0.388968% Commercial Taxable: Excess Land cu 0.272277% Commercial Taxable: Vacant Land ex 0.272277% Office Buildings Taxable: Full DT 0.388968% Office Buildings Taxable: Excess Land DU 0.272277% Shopping Centre Taxable: Full ST 0.388968% Shopping Centre Taxable: Vacant Land su 0.272277% Commercial New Construction Taxable: Full XT 0.388968% Commercial New Construction Taxable: Excess Land xu 0.272277% Shopping Centre New Construction Taxable: Full ZT 0.388968% Shopping Centre New Construction Taxable: Excess Land zu 0.272277% Industrial Taxable: Full IT 0.456929% Industrial Taxable: Full Shared as PIL IH 0.456929% Industrial Taxable: Excess Land IU 0.297004% Industrial Taxable: Vacant Land IX 0.297004% Industrial Taxable: Full (New Construction JT 0.456929% Large Industrial Taxable: Full LT 0.456929% Pipelines Taxable: Full PT 0.319962% Farm Taxable: Full FT 0.087041% Managed Forests Taxable: Full TT 0.087041% Railway Right-of-Way Taxable: Full WT $ 278.26 Utility Trans/Distrib Taxable: Full-8hared as PIL UH $ 379.63 PAYMENT IN LIEU CLASS I QUALIFIER I 2014 I Town Rate Residential PIL General Rate RG Commercial PIL Full Rate CF Commercial PIL General Rate CG Commercial PIL Tenant of the Province CP Commercial PIL General Rate -Excess Land cw Industrial PIL General Rate-Vacant Land IZ Railway Right-of-Way PIL General Rate WG $ II For all properties, property taxes are calculated by multiplying the assessed value by the appropriate rate above. II Example calculation: $100,000 RT assessment x .348163% = $348.16 (Aurora partition of property taxes due). 0.348163% 0.388968% 0.388968% 0.388968% 0.272277% 0.297004% 278.26