HomeMy WebLinkAboutBy-law 6019/02THE CORPORATION OF THE CITY OF PICKERING
BY-LAW NO. 6019/02
Being a by-law of The Corporation of the City of Pickering to
Establish the 2002 tax rates for the Commercial, Industrial and
Multi-Residential realty taxes and to levy the FINAL commercial,
industrial and multi-residential taxes for the year 2002.
WHEREAS it is necessary for the Council of The Corporation of the City of Pickering,
pursuant to the Municipal Act, R.S.O. 1990, ch.M.45, 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, to levy on the whole ratable property according to the last
revised assessment roll for The Corporation of the City of Pickering the sums set forth
for various purposes in Schedule "A", for the current year; and,
WHEREAS the Regional Municipality of Durham has passed By-law No. 22-2002 to
establish tax ratios and By-Law 21-2002 to adopt estimates of all sums required by The
Regional Municipality of Durham for the purposes of the Regional Corporation and By-
Law 25-2002 to set and levy rates of taxation for Regional Solid Waste Management
and By-law No. 23-2002 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. 5951/02) before the adoption of the estimates for the
current year; and,
WHEREAS sub section 392(4) and (5) of the Municipal Act, as amended, permits the
issuance of separate tax bills for separate classes of real property for year 2002.
NOW THEREFORE THE COUNCIL OF THE CORPORATION OF THE CITY OF
PICKERING HEREBY ENACTS AS FOLLOWS:
For the year 2002, The Corporation of the City of Pickering (the "City") shall
levy upon the Property Classes (commercial, industrial and multi-residential) as
set out in Schedule "A", the rates of taxation as set out in Schedule "A", 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". 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
2002.
The 2002 final tax calculations for the industrial, commercial and multi-residential
realty tax classes is based on the "cut-off" date as of August 28, 2002.
4. The decrease retained percentage for the realty class is outlined below:
Multi residential
Commercial
Industrial
62.7O82%
30.7558%
79.3314%
The 2002 taxes owed for the commercial, industrial and multi-residential
assessed properties shall be due in one installment on October 29, 2002 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 but not after December 31 of the year in which
the taxes become payable, and it shall be the duty of a Tax Collector,
immediately to collect at once, 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.
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.
8. Taxes shall be payable to the Treasurer, City of Pickering.
9. 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 7th day of October,
2002.