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HomeMy WebLinkAboutBy-law 4765/96 THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NUMBER 4765/96 Being a by-law to amend the Town of Picketing Municipal Code to adopt the 1996 estimates of all sums required during the year for the purposes of the Municipality of the Corporation of the Town of Picketing WHEREAS pursuant to the provisions of section 162(1) of the Municipal Act, R.S.O. 1990, chapter M.45, the Council of every Municipality shall, in each year, prepare and adopt estimates of all sums required during the year for the purposes of the Municipality; and WHEREAS pursuant to the provisions of section 155 of the said Act, the Council of every local Municipality, in each year, shall levy a sum equal to the aggregate of the estimates referred to; and WHEREAS pursuant to the provisions of section 162(3) of the said Act, the Council may pass a by-law for levying such rates; and NOW THEREFORE the Council of the Corporation of the Town of Picketing HEREBY ENACTS as follows: 1. Sections 2210.5, 2210.6, 2210.7, 2210.8, 2210.10 and 2210.11 of the Town of Pickering Municipal Code are hereby deleted and the following substituted therefor: 2210.5 The estimates of all sums required during the year 1996 for the purposes of the Municipality of the Corporation of the Town of Picketing, as set out in Column 4 of Section 2210.10, are hereby adopted. 2210.6 There shall be levied from and upon the whole of the assessment for real property and business assessment, according to the last revised assessment roll, a sum equal to the general estimate adopted hereby, according to the rates set out in Columns 5 and 6 of section 2210.10, for the year 1996. 2210.10 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLLrlvlN 5 COLUMIq 6 COMMERCIAL COMMERCIAL RESIDENTIAL & & & FARM INDUSTRIAL RESIDENTIAL INDUSTRIAL ASSESSMENT ASSESSMENT ESTIMATES ~ FARM RATE RATE TOWN OF PICKERING $633,743,774 $164,229,351 $15,274,102 15.47 21.73 BY-LAW READ a first, second and third time and finally PASSED this 6th day of tqay , 1996.