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3336-98RequiredSumsSchoolBoard
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12/24/2012 10:29:14 AM
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C - Council, Boards and By-laws
C - Council, Boards and By-laws - Date
7/23/1998
C - Council, Boards and By-laws - Department
Finance
C - Council, Boards and By-laws - Description
By-law to Requisition Sums Required For School Bd. Purposes in 1998 for commercial industrial and Pipeline property classes and establish tax rates to be levied for same against local municipalities
C - Council, Boards and By-laws - Bylaw No
3336-98
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By-law
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THE CORPORATION OF THE COUNTY OF ESSEX <br /> <br /> BY-LAW NO. 3336-98 <br /> <br />A BY-LAW TO REQUISITION THE SUMS <br />REQUIRED FOR SCHOOL BOARD PURPOSES <br />DURING THE YEAR 1998 FOR THE <br />COMMERCIAL, INDUSTRIAL AND PIPELINE <br />PROPERTY CLASSES AND TO ESTABLISH TAX <br />RATES TO BE LEVIED FOR SAME AGAINST THE <br />LOCAL MUNICIPALITIES. <br /> <br />WHEREAS, pursuant to Section 257.12.1(1) of the Education Act, Chapter E.2 R.S.O. <br />1990, as amended by the Small Business and Charities Protection Act, 1998, the Minister <br />of Finance has requisitioned the following amounts for the commercial and industrial <br />property classes to be raised by the local municipalities in the County of Essex from those <br />property classes in the 1998 tax year: <br /> <br />a) <br />b) <br /> <br />Commercial Property Class $11,367,639 <br />Industrial Property Class $14,849,679; <br /> <br />AND WHEREAS the Minister of Finance has requisitioned that the amount produced by <br />the application of the tax rate prescribed in Regulation 400/98 to the rateable assessment <br />of the pipeline property class, shall be raised by the local municipalities in the County of <br />Essex from that property class in the 1998 tax year; <br /> <br />AND WHEREAS Sections 362 and 363 of the Municipal Act, Chapter M45, R.S.O., <br />1990, and amendments thereto, require tax rates to be established in the same proportion <br />to tax ratios; <br /> <br />AND WHEREAS the tax ratios for the 1998 taxation year have been set out in By-law <br /># 3334-98 of the Corporation of the County of Essex dated July 23rd, 1998; <br /> <br />AND WHEREAS certain regulations require reductions in certain tax rates for certain <br />classes or subclasses of property which have been set out in By-law #3335-98 of the <br />Corporation of the County of Essex dated July 23rd, 1998; <br /> <br />NOW THEREFORE, the Council of the Corporation of the County of Essex hereby <br />enacts as follows: <br /> <br /> <br />
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