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HomeMy WebLinkAboutBy-law 4173/93 THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NO. 4173/93 Being a by-law to provide for the imposition ora penalty for non-payment of taxes. WHEREAS, pursuant to the provisions of the Mu,icipal Act, R.S.O. 1990, chapter M.45, section 399(4), the Council of The Corporation of the Town of Picketing may by by-law impose a percentage charge as a penalty for non-payment of taxes not exceeding 15 per cent per annum, or such lower rate as Council determines, from the date payment is due until it is made or until the 31st day of December of the year in which the taxes were levied, whichever is earlier; NOW THEREFORE the Council of The Corporation of the Town of Pickering HEREBY ENACTS AS FOLLOWS: 1. As a penalty for the non-payment of taxes, a charge of 9.5 per cent per annum shall be imposed for the non-payment of taxes due upon any date after June 24, 1993, until payment is made or until December 31, 1993, whichever is earlier. 2. The Town Treasurer shall give notice of the percentage charge imposed by section 1, above, to the persons taxed by causing notice thereof to be mailed to the address of the residence or place of business of such persons. 3. Sections 2210.3.1, 2210.3.2 and 2210.3.3 of the Town of Pickering Municipal Code are revoked and sections l and 2 of this By-law (re-numbered sections 2210.3.1 and 2210.3.2) are substituted for them. 4. (1) This By-law, except section 3, shall come into force upon the date of passage hereof. (2) Section 3 of this By-law shall come into force on June 25, 1993. BY-LAW read a first, second and third time and finally passed this 15th day of February, 1993. Wayn~Al:fl~rs, Mayor