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HomeMy WebLinkAboutBy-law 3993/92 THE CORPORATION OF THE TOWN OF PICKERING BY-LAW NUMBER 3993/92 Being a by-law to amend the Town of Pickering Municipal Code to levy the rates necessary to cover the estimated 1992 levy from the Council of the Corporation of the Regional Municipality of Durham. WHEREAS pursuant to the provisions of subsection 1 of section 97 of the Regional Municpality of Durham Act, R.S.O. 1980, chapter 434, the Council of the Corporation of the Regional Municipality of Durham, in each year, shall levy against the Area Municipalities, a sum sufficient for payment of the estimated current annual expenditures, payment of all debts, and certain other purposes relating to the administration of the Regional Municipality; and WHEREAS the 1992 estimates of the Council of the Regional Municipality of Durham indicate that it shall be levying against the Corporation of the Town of Pickering a certain sum of money; and WHEREAS pursuant to the provisions of subsection 3 of section 99 of the Regional Municipality of Durham Act, R.S.O. 1980, chapter 434, the Council of every local Municipality, in each year, shall levy, on the whole of the assessment for real property and business assessment, according to the last revised assessment roll, a sum equal to the sum required by law to be paid to the Corporation of the Regional Municipality of Durham, and that such levy be made by by-law; NOW THEREFORE the Council of the Corporation of the Town of Pickering HEREBY ENACTS as follows: 2210.8 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 estimate set out in Column 4 of section 2210.11 at the rates set out in Columns 5 and 6 thereof, for the year 1992: 2010.11 COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COMMERC I AL COMMERC I AL RESIDENTIAL & & & FARM INDUSTRIAL ESTIMATED RESIDENTIAL INDUSTRIAL ASSESSMENT ASSESSMENT LEVY & FARM RATE RATE REGIONAL General $579,786,988 $146,758,129 $15,650,450 $20.80 $24.47 Special Areas: Sanitation $544,553,637 $141,597,697 $ 737,450 $ 1.04 $ 1.22 BY-LAW READ a first, second and third time and finally PASSED this 19th day of May, 1992. Mayor ~ ~~