HomeMy WebLinkAboutBy-law 4915/97 THE CORPORATION OF THE TOWN OF PICKERING
BY-LAW NUMBER 4915/97
Being a by-law to provide for the addition of interest to
tax arrears
WHEREAS, pursuant to the provisions of the Municipal Act, ILS.O. 1990, chapter M.45, section
419(2), the Council of The Corporation of the Town of Picketing may by by-law require that the
Town Treasurer add to the amount of ail taxes due and unpaid interest at such rate not exceeding
l 5 per cent per annum as Council determines, fi.om the 31 st day of December of the year in which
the taxes were levied until the taxes are paid;
NOW THEREFORE the Council of The Corporation of the Town of Picketing HEREBY
ENACTS AS FOLLOWS:
1. The Town Treasurer shall add to the amount of all taxes due and unpaid interest at the
rate of 12.0 per cent per anmml fi.om December 31, 1996, until the taxes are paid.
2. Sections 2210.4.1 of the Town of Pickering Municipal Code are revoked and section I of
this By-law is substituted for theru
3. This By-law shall come into force upon the date of passage hereof.
BY-LAW read a first, second and third tune and tinally passed this 10 day of February, 1997.
Wayne Anhurs, Mayor
Brace Taylor, Clerk