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Bylaw 2460: To Levy The Year 2002 Interim Tax Levy In Advance Of The Adoption Of The …

The Corporation Of The Township Of Augusta By-law Number 2460 Being A By-law To Levy The Year 2002 Interim Tax Levy In Advance Of The Adoption Of The Estimates For 2002 ********************************************************************************** Whereas Section 370.1 Of The Municipal Act Rso 1990, C.45 As Amended, Authorizes The Council Of A Local Municipality, Before The Adoption Of The Estimates For The Year, Topassaby-law Levying Amounts On The Assessment Of Property In The Local Municipality Rateable For Local Municipality Purposes; And Whereas Section 370.3 Of The Municipal Act Rso 1990 C.45 As Amended Specifies The Amounts To Be Levied Are Subject To The Following Rules: 1.the Amount Levied On A Property Shallnot Exceed The Prescribed Percentage, Or 50 Per Cent If No Percentageisprescribed, Of The Total Amount Of Taxes For Municipal And School Purposes Levied On The Property For The Previous Year. 2.thepercentageunderparagraph1maybedifferentfordifferentpropertyclassesbutshallbethe Same For All…

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