HomeMy WebLinkAboutBy-law 6364/04THE CORPORATION OF THE CITY OF PICKERING
BY-LAW NO. 6364/04
Being a By-law of The Corporation of the City of Pickering to
Establish the 2004 tax rates for the Commercial, Industrial and
Multi-Residential Tax Classes and to consolidate all of the City
2004 tax rates and to levy the FINAL tax bills for the Commercial,
Industrial and Multi-residential taxes for the year 2004.
WHEREAS it is necessary for the Council of The Corporation of the City of Pickering,
pursuant to the Municipal Act, 2001, S.O. 2001, c.25 as amended, to pass a By-law to
levy a separate tax rate on the assessment in each property class; 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 its Regulations; and,
WHEREAS it is necessary for the Council of The Corporation of the City of Pickering,
pursuant to the Municipal Act, 2001, S.O. 2001, c.25, to levy on the whole ratable
property according to the last revised assessment roll for The Corporation of the City of
Pickering.
WHEREAS the Regional Municipality of Durham has passed By-law No. 29-2004 to
establish tax ratios and By-law No. 27-2004 to adopt estimates of all sums required by
The Regional Municipality of Durham for the purposes of the Regional Corporation and
By-law No. 30-2004 to set and levy rates of taxation for Regional Solid Waste
Management and By-law No. 28-2004 to set and levy rates of taxation for Regional
General Purposes and set tax rates on Area Municipalities; and,
WHEREAS it is necessary for the Council of The Corporation of the City of Pickering
pursuant to the Municipal Act, to levy on the whole ratable property according to the last
revised assessment roll for The Corporation of the City of Pickering for the current year;
and,
WHEREAS an interim levy was made by the Council of The Corporation of the City of
Pickering (pursuant to By-law No. 6257/04) before the adoption of the estimates for the
current year; and,
WHEREAS sub section 342 (2)
amended, permits the issuance
property for year 2004.
of the Municipal Act, 2001, S.O. 2001, c.25 as
of separate tax bills for separate classes of real
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE CITY OF
PICKERING HEREBY ENACTS AS FOLLOWS:
For the year 2004, The Corporation of the City of Pickering (the "City") shall levy
upon all Property Classes ( Residential, Commercial, Industrial and Multi-
residential) as set out in By-law No. 6364/04 of Schedule A, the rates of taxation,
for the City of Pickering, the Region of Durham and for Education purposes on
the current value assessment as also set out in Schedule A of By-law No.
6364/04. Where applicable, taxes shall be adjusted in accordance with Bill 140,
as amended and its Regulations.
The levy provided for shall be reduced by the amount of the interim levy for
2004.
o
The 2004 final tax calculations for the industrial, commercial and multi-residential
realty tax classes is based on the "cut-off" date as of May 7, 2004.
4. The decrease retained percentage for the realty class is outlined below:
Multi residential
Commercial
Industrial
94.5265%
41.7591%
27.3679%
10.
The 2004 taxes owed for the commercial, industrial and multi-residential
assessed properties shall be due in one installment on October 15, 2004, or as
adjusted by the Treasurer.
Except in the case of taxes payable under Section 33 and 34 of the Assessment
Act, R.S.O. 1990, c. A31, as amended, the percentage charge as a penalty for
non-payment of taxes and monies payable as taxes shall be added to every tax
or assessment, rent or rate of any installment or part thereof remaining unpaid
on the first day of default and on the first day of each calendar month thereafter
in which such default continues pursuant to subsections 345 (1), (2) and (3) of
the Municipal Act 2001, S.O.c.25 as amended. The Treasurer shall collect by
distress or otherwise under the provisions of the applicable statutes all such
taxes, assessments, rents, rates or installments or parts thereof as shall not
have been paid on or before the several dates named as aforesaid, together with
the said percentage charges as they are incurred pursuant to sections 349, 350
and 351 of the Municipal Act 2001, S.O.c.25as amended.
If any section or portion of this By-law is found by a court of competent
jurisdiction to be invalid, it is the intent of Council for The Corporation of the City
of Pickering that all remaining sections and portions of this By-law continue in
force and effect.
Taxes shall be payable to the Treasurer, City of Pickering.
Schedule A of this By-law shall supersede Schedule A of By-law 6341/04,
passed by Council on June 7, 2004.
This By-law comes into force on the date of its final passing.
BY-LAW read a first, second and third time and finally passed this 20th day of
September, 2004.
David Ry~~:~
Bruce Taylor, Clerk