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BY-LAW NO. 1380 <br /> <br /> A By-law of the County of Essex to amend By-law Number 1268 of the <br />County of Essex to provide for the payment of a discount for prepayment of <br />County rates for a Towu~ Village or Township. <br /> <br /> WHEREAS Section 222 (1) of the Assessment Act, R. S. O. 1950, Chapter <br />24~ provides that the Treasurer of every Township, Town or Village shall, on or <br />before the 2Oth day of December in each year~ pay to the Treasurer of the County <br />of Essex all moneys which were assessed and by law required to be levied and <br />collected in the municipality for County purposes; <br /> <br /> AND WHEREAS Section 222 (2) of the said Act provides that the Council <br />of the County may by by-law provide for payment of a discount for payment of <br />moneys or any portion thereof assessed for County purposes if paid prior to the <br />20th day of December in the year in which the same are payable; <br /> <br /> ~ND WHEREAS it is deemed expedient to provide for a discount for <br />prepayment of moneys by a Townshi~ Town or Village; <br /> <br /> TH~REFCRE the Council of the Corporation of the County of Essex <br />enacts as follows: <br /> <br /> (1) That clause (1) of By-law 1268 of the County of Essex be amended <br />to read 'The Treasurer of the Corporation of the County of Essex is directed <br />and authorized to allow a discount at the rate of the current bank interest per <br />annum~ being paid by the County of Essex, for payment of moneys or any portion <br />thereof assessed for County purposes paid prior to the 20th day of December <br />in the year in which the same are payable, to the Township~ Town, or Village <br />making such payment." <br /> <br /> This By-law shall come into force and take effect on the 1st day of <br />January, 1959. <br /> <br /> All other By-laws or parts of By-laws of the County of Essex incon- <br />sistent to this By-law are hereby repealed. <br /> <br /> Passed this 14th day of December, 1960 A. D. <br /> <br />Read--lst reading-Dec. /~, 1960 <br /> 2nd reading-Dec./~ ~, 1960 <br /> 3rd reading-Dec./~, 1960 <br /> <br /> .., _. % - _ <br /> W~d~.--~ ~ '~ ~ ~,~'/~' Clerk. <br /> <br /> <br />