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HomeMy WebLinkAboutBy-law 2980 .Y LAW NU .ER A BY-LAW OF THE CORPORATION OF THE TOWNSHIP OF PICKERING TO EXEMPT CERTAIN FARM LANDS FROM TAXATION FOR CERTAIN EXPENDITURES OF THE MUNICIPALITY, WHEREAS Chapter 23, Section 37, of the Assessment Act, provides ~ exemption of certain farm lands from taxation for ex- penditures incurred by the Township of Picketing for fire' protection; AND WHEREAS it is deemed expedient to grant such exemption; BE IT THEREFORE ENACTED hy the Municipal Council of the Cbrporation of the Township of Picketing: 1. THAT this By-Law shall apply to lands in the Township of Picketing held and used as farm lands only and in blocks of not less than five acres by any one person. 2. Lands described by Paragraph 1 of this By-Law are hereby exempted from expenditures for fire protection to the extent of 90% (per cent) of the assessed value of such lands. 3. The said exemption shall not apply to the assessed value of any buildings on any lands. BY-LAW read a First and Second time this / day of /?.~/.~Z~,'i 1965. BY-LAW read a Third time and PASSED this / day of ~?/z~-/, 1965. Reewfe