Loading...
BYLAW - 2003 Interim Tax Levy - 20021217 - 439502FTHE CORPORATION OF THE TOWN OF AURORA By-law Number 4395-02.F BEING A BY-LAW to levy an Interim Tax Rate for the year 2003. WHEREAS Section 370 (1) of the Municipal Act, R.S.O. 1990, as amended authorizes the Council of a local municipality to pass a by-law before the adoption of the estimates for the year; to levy a separate tax rate on the assessment in each property tax class in the municipality; AND WHEREAS the municipal Council of the Corporation of the Town of Aurora has not adopted estimates for the year 2003: AND WHEREAS the municipal Council of the Corporation of the Town of Aurora wishes to impose an Interim Tax Levy as authorized by Section 370 of the Municipal ActRS.O. 1990 as amended; NOW THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE TOWN OF AURORA ENACTS AS FOLLOWS: 1. THAT the Council of the Corporation of the Town of Aurora is hereby authorized to levy in 2003 on the whole assessment of all taxable assessed property according to the last revised assessment roll, the sum required to produce an amount not exceeding fifty percent (50%) of the 2002 taxes levied for each prop~rty. 2. THAT for new properties added to the last revised assessment roll, the said interim tax rates for 2003 for each of the property tax classes are calculated at 50%. of the year 2002 property tax rates as summarized within Appendix "A" (attai;hed hereto). 3. THAT the Director of Finance/Treasurer of the Corporation of the Town of Aurora be authorized to amend in whole or in part any billing issued under this by-law to comply with any provincial legislation which may be introduced by the Province of Ontario prior to or after the issuance of the interim billing. 4. THAT for the purposes of calculating the total 2002 taxes as noted in paragraph 2, if iilnY taxes were levied in 2002 for only part of the year because assessment was :added to the assessment roll during 2002, an amount shall be added equal to the additional taxes that would have been levied if the taxes had been levied for the entire year. 5. THAT taxes may be levied under this by-law on a property that is rateable for 2003, even if the property was not rateable for 2002, including assessment of property that is added to the assessment roll after the by-law is passed. 6. THAT the said interim tax levy shall become due and payable in two installments as follows: First' Installment Second Installment Monday, February 24, 2003 . Thursday, April 24, 2003 7. THAT on all taxes which remain unpaid on the due date, a penalty of one and one quarter per cent (1 1/4% per month) (15 % per annum) of the taxes remaining unpaid shall be levied on the first day of each calendar month thereafter in which the default continues until December 31, 2003. 8. THAT on all taxes levied pursuant to this by-law remaining unpaid as at December 31, 2003, interest at the rate of one and one quarter per cent (1 1/4%)(15% per annum) of the unpaid taxes shall be levied from December 31, 2003 and for each month or fraction thereof until such taxes are paid. 9. THAT penalties and interest added on all taxes of the interim tax levy in default shall become due and payable and shall be collected forthwith as ifthe same had originally been imposed and formed part of such unpaid interim tax levy. 10. THAT all taxes payable under Tax Payment Plans, shall be due and payable on the last business day of each calendar month, starting in January and continuing until September in the year 2003. 11. THAT the Director of Finance/Treasurer of the Corporation of the Town of Aurora be authorized to extend the Tax Payment Plan beyond September 2003, should the need arise. 12. THAT the Director of Finance/Treasurer of the Corporation for the Town of Aurora mail or cause to be mailed to the residence or place of business of such person indicated on the last revised assessment roll a written or printed notice specifying the amount of taxes payable. 13. THAT the Director of Finance/Treasurer of the Corporation for the Town of Aurora be authorized to adjust the billing schedule and tax rate set out herewith, if required, in order to comply with Provincial legislation or regulations which may be received subsequent to the passing of this bylaw. 14. THAT the provisions of this By-law shall come into force and take effect upon third Teading thereof. READ A FIRST AND SECOND TIME THIS 1ih DAY OF DECEMBER 2002. READ A THIRD TIME AND FINALLY PASSED THIS 171h DAY OF DECEMBER 2002. B. TOWN CLERK By-law No. 4320-0l.F APPENDIX "A" INTERIM TAX RATES 2003 TAX CLASS Residential I Farm-PIL General Rate Residential and Farm Multl-Residential Commercial-Occupied PIL Full Rate Conlinercial-Occupied PIL General Rate Commercial-Occupied QUALIFIER RG RT MT CF CG CM Commercial-Provincial Occupied PIL Full Rate Coffi1I1ercial-Occupied CP CT cu ex ST su IF lli IT IU IX II LT LU PT FT Commercial-Excess Laud Commercial-Vacant Laud Shopping Centres-Occupied Shopping Centres-Excess Laud Industrial-Occupied PIL Full Rate Industrial-Taxable Shared PIL Full Rate Industrial Occupied Industrial-Excess Laud Industrial-Vacaut Laud Industrial-Farmlaud Awaiting Development Large Industrial Occupied Large Industrial-Excess Land Pipelines Farmlaud Mau~ged Forests TT Utility Trausmission UT Railway Right-of-ways PIL General Rate WG "·"'""l'''Y Right-of-ways WT Page3 TAX RATE 0.466809% 0.653309% 0.793352% 1.514498% 0.513490% 0.513490% 1.514498% 1.514498% 1.060149% 1.060149% 1.514498% 1.060149% 1.858413% 1.858413% 1.858413% 1.207968% 1.207968% 0.163327% 1.858413% 1.207968% 1.344346% 0.163327% 0.163327% 10.213400% 1.045700% 2.582900%