Laserfiche WebLink
THE CORPORATION OF THE COUNTY OF ESSEX <br /> BY-LAW # 44-2012 <br /> A BY-LAW TO ADOPT OPTIONAL TOOLS FOR <br /> THE PURPOSES OF ADMINISTERING LIMITS <br /> FOR ELIGIBLE PROPERTIES WITHIN THE <br /> MEANING OF SECTION 331 (NEW <br /> CONSTRUCTION) FOR THE COMMERCIAL, <br /> INDUSTRIAL AND MULTI-RESIDENTIAL <br /> PROPERTY CLASSES FOR 2012 <br /> WHEREAS the Corporation of the County of Essex (hereinafter <br /> referred to as "The Municipality"} may, in accordance with section <br /> 329.1 of the Municipal Act, 2001, S.O. 2001 c.25, as amended <br /> (hereinafter referred to as "The Act') modify the provisions and limits <br /> set out in section 331 of The Act, with respect to the calculation of <br /> taxes for municipal and school purposes payable in respect of property <br /> in the Commercial, Industrial and Multi-Residential property classes; <br /> AND WHEREAS the Council of The Municipality may pass a by-law to <br /> adopt the provisions of Section 329.1 of The Act whereby a "floor" or <br /> minimum uncapped tax percentage applies to eligible properties in one <br /> or more of the uncapped classes; <br /> AND WHEREAS this by-law shall only apply to properties in the <br /> Commercial, Industrial and Multi-Residential property classes to which <br /> Part IX of The Act applies; <br /> AND WHEREAS in this by-law, "uncapped taxes" means, the taxes for <br /> municipal and school purposes that would be levied for the taxation <br /> year but for the application of Part IX of The Act; <br /> AND WHEREAS the Council has reviewed the provisions of Section <br /> 329.1 of The Act and hereby deems it necessary and appropriate to <br /> adopt optional tools for the purpose of providing minimum amounts for <br /> properties subject to the provisions of Section 331 for the Commercial, <br /> Industrial and Multi-Residential property classes: <br /> NOW THEREFORE the Council of the Corporation of the County of <br /> Essex hereby enacts as follows: <br />