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BYLAW - Set and Levy Rates of Taxation - 20000523 - 418600FTHE CORPORATION OF THE TOWN OF AURORA By-law Number 4186-00.F BEING A BY-LAW to Set and Levy the Rates of Taxation for the Year 2000. 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 Regional Municipality of York By-law Number L-0119-2000- 036, 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, Multi-Residential, Commercial, Industrial, Pipeline, Farmlands and Managed Forest classes of property, before the adoption of the estimates for the current year; NOW THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA ENACTS AS FOLLOWS: 1. THAT for the year 2000, 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 2000 on the Residential & Farm, Multi-Residential, Commercial, Industrial, Pipeline, Farmlands and Managed Forest classes of property; 4. THAT for the payments-in-lieu oftaxes 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 2000. 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 2000. 6. THAT for the utility transmission line 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 2000. By-law No. 4186-00.F Page2 7. 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 June (June 27'h) and one during the final week of September (September 27th), 2000. These due dates are subject to amendment by the Treasurer, if required, to meet the statutory timing required following the tax demand date. 8. THAT there be imposed as a penalty, a percentage charge of one and one quarter percent (1.25%), (15.0% per annum), on non-payment of any instalment 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. 9. THAT if any taxes levied pursuant to this by-law remain unpaid as at December 31, 2000, interest at the rate of one and one quarter percent (1.25%) (15.0% per aunum) of the unpaid taxes shall be levied from January 1 '\ 2001 for each month or fraction thereof until such taxes are paid. 10. THAT if in default of any instalment by the day named for payment thereof, the subsequent instalments shall forthwith become payable. 11. 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. 12. THAT Schedule "A" attached hereto shall be and form a part of the By-law. 13. 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 23'd DAY OF May, 2000. READ A THIRD TIME AND FINALLY PASSED THIS 23'd DAY OF May, 2000. B. PANIZZA, TOWN CLERK SCHEDULE A TO BY-LAW 4186-00.F TOWN OF AURORA SCHEUDLE "A' TO BY-LAW 4186-00.F I May 15, 2000 ] TAX CLASS -Assessment ---------Tota12000 Rate Residential and Farm Multi-Residential Commercial-Occupied Commercial-General Commercial-Vacant Units Commercial-Vacant Land Shopping Centre-Occupied Shopping Centre-Vacant Industrial-Occupied Industrial-Vacant Units Industrial-Vacant Land Industrial-Farmland Awaiting Development Large Industrial-Occupied Large Industrial-Vacant Pipelines Farmlands Managed Forests Railway Right-of-Ways Utility Transmission Lines Total RT MT CT CM cu ex ST su IT IU IX 11 LT LU PT FT TT RT UT 2,770,716,389 0.354043% $9,809,527 0.574356% 41,181,765 0.739065% -$ ;3&1.~~~; 229,230,508 0.407568% 459,000 0.407568% 7,734,717 0.285297% 13,365,000 0.285297% 34,434,554 0.407568% 6,041,276 0.285297% 50,151,285 0.523555% 21 '132,650 0.340311% 7,582,000 0.340311% 760,000 0.088511% 39,703,545 0.523555% 1 '162,730 0.340311% " -:'r{_,,~~~~~~ 0.661 _ $ ~. -A--~r101 o.661 · c$X,22,Q6f;' 0.462831% --·"t:t~~J~6; 6A22,ooo o.325365% • 7,!l3~.§45 o.o88511% 81,992 0.088511% 3,237;192,756 Page 1 Tax Levy Tax Levy 1.342399% 2.352032% 3.404855% 1.068755% 2.383398% 2.383398% 3.404855% 2.383398% 4.236906% 2.753989% 2.753989% 0.335600% 4.236906% 2.753989% 2.800098% 0.335600% 0.335600% TAX RATE COMMPARISON-99 TO 00 TOWN OF AURORA TAX RATE COMMPARISON -1999 TO 2000 I May 15,2000 I TAX CLASS QUALIFIER 2000 Tax Rate 1999 Tax Rate 2000 Tax Rate Increase Residential and Farm RT 1.342399% 1.322445% 1.51% Multi-Residential MT 2.352032% 2.310379% 1.80% Commercial-Occupied CT 3.404855% 3.390110% 0.43%11 Commercial-General CM 1.068755% 1.054010% 1.40% Commercial-Vacant Units cu 2.383398% 2.373107% 0.43% Commercial-Vacant Land ex 2.383398% 2.373107% 0.43% Shopping Centre-Occupied ST 3.404855% 3.390110% 0.43% Shopping Centre-Vacant su 2.383398% 2.373107% 0.43% Industrial-Occupied IT 4.236906% 4.211834% 0.60% Industrial-Vacant Units IU 2.753989% 2.737692% 0.60% Industrial-Vacant Land IX 2.753989% 2.737692% 0.60% Industrial-Farmland Awaiting Development 11 0.335600% 0.330611% 1.51% Large Industrial-Occupied LT 4.236906% 4.211834% 0.60% Large Industrial-Vacant LU 2.753989% 2.737692% 0.60% Pipelines PT 2.800098% 2.781791% 0.66% Farmlands FT 0.335600% 0.330611% 1.51% Managed Forests TT 0.335600% 0.330611% 1.51% Page 1