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Bylaw 2439: Adopt The Budget And Tax Rates And To Further Provide For Penalty And Interest In …

The Corporation Of The Township Of Augusta By-law Number 2439 Aby-lawtoadoptthebudgetandtax Ratesandtofurther Provide For Penaltyandinterest In Default Of Payment Whereassections367and368ofthemunicipal Act, Chapter M.45 1990 As Amended By Bills 106,149,160164and16providesthatmunicipalcouncils Shall Adopt An Estimated Levy Forthecurrentyearandpassaby-law To Levy A Separate Tax Rate On The Assessment In Each Property Class; Andwhereassections362and363ofthesaidactrequiretaxratestobeestablishedinthe Same Proportion To Tax Ratios; Andwhereascertainregulationsrequirereductionsincertaintaxratesforcertainclasses Or Subclasses Of Property; Nowthereforethecouncilofthecorporationofthetownship Of Augusta Enacts As Follows: 1.the Council Hereby Adopts A Tax Levy Of $2,080,595 For All Purposes For 2001. 2.thatataxrateof 1.233907 Is Hereby Adopted To Be Applied Against The Whole Of The Assessment For Real Property In The Residential/farm Class. 3.thatataxrateof2.262864isherebyadoptedtobeappliedagainst The Whole Of The Assessment For Real Property In The Multi-residential Class. 4.thatataxrateof3.253692is Hereby Adopted To Be Applied Against The Whole Of The Assessment For Real Property In The Commercial Occupied Class. 5…

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