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BYLAW - Set and Levy Rates of Taxation (1999) - 19990623 - 407899FTHE CORPORATION OF THE TOWN OF AURORA By-law Number 4078-99.F BEING A BY-LAW to Set and Levy the Rates of Taxation for the Year 1999. WHEREAS it is necessary for the municipal Council of the Corporation of the Town of Aurora pursuant to the Municipal Act to levy on the whole rateable property according to the last revised assessment roll for the Corporation of the Town of Aurora the sums set forth for various purposes in Schedule "A" hereto attached for the current year; AND WHEREAS the property classes have been prescribed by the Minister of Finance under the Assessment Act, R.S.O. 1990 ch.A.31 as amended and Regulations thereto; AND WHEREAS pursuant to the The Regional Municipality of York By-law Number L-0114- 1999-045, The Regional Municipality of York passed a By-law to adopt estimates of all sums required by The Regional Municipality of York for the purposes of the Regional Corporation and to provide a levy on Area Municipalities; AND WHEREAS pursuant to Ontario Regulations 307/99 and 308/99 established by the Minister of Finance, the Education Tax Rate for all property classes is prescribed; AND WHEREAS an interim levy was made. on the Residential & Farm, Pipeline, Farmlands and Managed Forest classes of property, before the adoption of the estimates for the current year; NOW TIIEREFORE TilE MUNICIPAL COUNCIL OF TilE CORPORATION OF TilE TOWN OF AURORA ENACTS AS FOLLOWS: 1. THAT for the year 1999, The Corporation of the Town of Aurora shall levy upon the Residential & Farm 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 Bill 79, as set out in the Schedule "A" attached to this By-law; 2. THAT the estimates for the current year are as set forth in Schedule "A" attached to this by-law; 3. THAT the levy provided for in Schedule "A" attached to this By-law shall be reduced by the amount of the interim levy for 1999 on the Residential & Farm, Pipeline, Farmlands and Managed Forest classes of property; 4. THAT for the payments-in-lieu of taxes due to The Corporation of The Town of Aurora, the actual amount due to The Corporation of the Town of Aurora shall be based on the assessment roll and the tax rates for the year 1999. 5. THAT for the railway rights of way taxes due to The Corporation of the Town of Aurora in accordance with the Regulations as established by the Minister of Finance, the actual amount due to The Corporation of the Town of Aurora shall be based on the assessment roll and the tax rates for the year 1999. 6. THAT all taxes levied under the authority of this By-law, shall be due and payable in two instalments one during the final week of August and one during the final week of October, 1999. These due dates are subject to amendment by the Treasurer, if required, to meet the statutory timing required following the tax demand date. By-law No. 4078-99.F Page 2 7. THAT there be imposed as a penalty, a percentage charge of one and one quarter percent (1 1;.\% ), on non-payment of any instahnent of the taxes or any portion thereof on the first day of each calendar month following default, but not after the 31" day of December, 1999. 8. THAT if in default of any instahnent by the day named for payment thereof, the subsequent instalments shall forthwith become payable. 9. THAT the collector is hereby authorized to mail or cause to be mailed the notices provided for by section 392 of the Municipal Act to the addresses of the residences or places of business of the persons to whom such notices are required to be given. 10. THAT Schedule "A" attached hereto shall be and form a part of the By-law. 11. THAT the provisions of this By-law shall come into force and take effect upon third reading thereof. READ A FIRST AND SECOND TIME THIS 23RD DAY OF JUNE, I999. READ A THIRD TIME AND FINALLY PASSED THIS 23RD DAY OF JUNE, 1999 . •• YOR B. PANIZZA, MUNICIPAL CLERK T f :~ 3 t :] ' Residential !Vacant Units I Excess Land Vacant Land lshoooina Centre Industrial Vacant Units I Excess Land ' Vacant Land l"<onnl<onrl 1· or 2 lu~n~n.a.rl Forest Assessment TOWN TAX RATES 0.495798% 0.322269% 0.322269% 0.083600% SCHEDULE "A" TO BY-LAW 4078-99.F Town of Aurora Tax Levy REGION TAX RATES 0.143569% 0.143569% Region of York EDUCATION Tax Levy TAX RATE 2.864000% 1.861600% 1.861600% 0.103500% 0.103500% 0.103500% Education Tax Levy TOTAL TAX RATE 4.21 2. 2.781761 0.33061 0.33061