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HomeMy WebLinkAboutBy-law 3460 THE CORPORATION OF THE TOWNSHIP OF PICKERING BY-LAW NUMBER A By-law to provide for an interim levy. WHEREAS Section 294 (a) of The Municipal Act, Chapter 249, R.S.0., 1960 as amended, provides for an interim levy of a sum not exceeding 50% of that which would be produced by applying to the assessment roll the total rate for all purposes levied in the proceeding year on residential property of public school supporters; AND WHEREAS Subsection 1 {a) of the said Section 294 (a) provides for an interim levy on the whole of the business assessment according to the last revised assessment roll a sum not exceeding 50~ of that which would be produced by applying to such assessment the total rate for all purposes levied in the proceeding year on business assessment of public school supporters; NOW THEREFORE THE CORPORATION OF THE TOWNSHIP OF PICKERING ENACTS AS FOLLOWS: 1. On the first day of January next in the year of our Lord, 1969, and each succeeding year therefore, the Treasurer as duly appointed of the Corporation of the Township of Picketing be and is hereby authorized to issue an interim tax demand not to exceed 50% of that which would be produced by applying to the assessments as revised the total rate for all purposes levied in the proceeding year on residential, agricultural, commercial, manufacturing and industrial and together with the business assessment thereto. 2. This By-law shall deem to come into force and effect upon the day of passing. READ a FIRST, SECOND and THIRD time and PASSED in open Council this //~ day of March, 1968. ~9eve \ ~ / Clerk k y