BYLAW - 2001 Tax Rates - 20010626 - 428501FTHE CORPORATION OF THE TOWN OF AURORA
By-law Number 4285-01.F
BEING A BY-LAW to Set
and Levy the Rates of
Taxation for the Year
2001.
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-0123-
2001-050, The Regional Municipality of York passed a By-law to set and levy the rates
of taxation for regional general purposes for the year 2001;
AND WHEREAS pursuant to Ontario Regulations 169/01 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 2001, 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 140, 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 2001 on the Residential & Farm,
Multi-Residential, Commercial, Industrial, 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 2001.
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 2001.
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 2001.
By-law No. 4285-01.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 July (July 27th) and one during the
final week of September (September 26th), 2001. 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 51 day of December, 2001.
9. THAT if any taxes levied pursuant to this by-law remain unpaid as at December
31, 2001, interest at the rate of one and one quarter percent (1.25%) (15.0% per
annum) of the unpaid taxes shall be levied from January 1 •t, 2002 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 AND THIRD TIME THIS 26TH DAY OFJUNE,2001.
B. PANIZZA, TOWN CLERK