HomeMy WebLinkAboutBy-law 355/76THE CORPORATION OF THE TOWN OF PICKERING
BY-LAW NUMBER 3 y ')Ic
Being a by-law to fix instalment dates,
penalty amounts and interest rates
respecting the payment and collection
of taxes.
WHEREAS By-law Number ?- q 1t provides generally for the payment
and collection of taxes;
AND WHEREAS, pursuant to that By-law, it is deemed expedient at this
time to fix the due dates for the payment of instalments of taxes,
to fix the amount of a penalty for non-payment of taxes, and to fix
rates of interest on unpaid taxes;
THEREFORE the Council of the Corporation of the Town of Pickering
enacts as follows:
1. Taxes levied for 1976 under By-law Number shall
be collected in four (4) instalments, being two interim billings and
two final billings, as follows:
Interim Tax Billings:
Due date of FIRST INSTALMENT - the fourth
Tuesday in February, 1976
Due date of SECOND INSTALMENT - the third
Thursday in April, 1976
Final Tax Billings:
Due date of THIRD INSTALMENT - the fourth
Friday in June, 1976
Due date of FOURTH INSTALMENT - the third
Wednesday in September, 1976
2. The amount of the penalty for non-payment of 1976 taxes or any
instalment thereof shall be one (1) percent of the outstanding amount
imposed on the first day of default and on the first day of each
calendar month thereafter in which default continues, but not after
the end of the year 1976.
3. The Town Treasurer and Tax Collector shall add to the amount
of all taxes, due and unpaid in 1976, interest at the rate of one (1)
percent of the amount unpaid per month for each month or fraction
thereof after the 31st day of December, 1976, and shall continue to
collect such unpaid taxes together with interest at the aforesaid
rate until such taxes are paid.
By-law read a first, second and third time and PASSED in open
Council this day of ti)1tiU?yt! 1976.
?r
Mayor
Administrator-Clerk