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Bylaw 2599: Interim Levy For 2006

The Corporation Of The Township Of Augusta By-law No. 2599 Beinga By-law To Authorize An Interim Levy In Advance Of The Adoption Of The Estimates For 2006. Whereassection 317 (1) Of The Municipal Act, S.o. 2001, C.25, Provides That The Council Of A Localmunicipality,before The Adoption Of The Estimates For The Year, May Pass A By-law Levying Amountsontheassessmentofproperty 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 Amount Levied On A Property Shall Not Exceed The Prescribed Percentage, Or 50 Per Cent Of The Total Amountoftaxes For Municipal And School Purposes Levied On The Property For The Previous Year, And Thatfor The Purposes Of Calculating The Total Amount Of Taxes For The Previous Year, If Any Taxes For Municipalandschoolpurposeswereleviedonapropertyforonlypartofthepreviousyear Because Assessmentwasaddedtothetaxrollduringtheyear,anamountshallbeaddedequaltothe Additionaltaxesthatwouldhavebeenleviedonthepropertyifthetaxesformunicipalandschool Purposes Had Been Levied For The…

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