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Bylaw 2491: Authorize An Interim Levy In Advance Of The Adoption Of The Estimates For 2003

The Corporation Of The Township Of Augusta By-law Number 2491 Being A By-law To Authorize An Interim Levy In Advance Of The Adoption Of The Estimates For 2003 ********************************************************************************** Whereassection317(1)ofthemunicipalact, S.o. 2001, C.25, Provides That The Council Of A Localmunicipality,beforetheadoptionoftheestimatesfortheyear,maypassa By-law Levying Amounts On The Assessment Of Property In The Local Municipality Rateable For Local Municipality Purposes; Andwhereassection 317(3) Of The Municipal Act, S.o. 2001, C.25, Provides That The Total Amountleviedonapropertyshallnotexceedtheprescribedpercentage,or50percent Of The Total Amount Of Taxes For Municipal And School Purposes Levied On The Property For The Previous Year, And Thatforthepurposes Of Calculating The Total Amount Of Taxes For The Previous Year, If Any Taxes For Municipalandschoolpurposeswereleviedonapropertyforonlypart Of The Previous Year Because Assessmentwasaddedtothetaxrollduring The Year, An Amount Shall Be Added Equal To The Additional Taxesthatwouldhavebeenlevied On The Property If The Taxes For Municipal And School Purposes Had Been…

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