99-28
COUNTY OF ELGIN
By-Law No. 99-28
BEING A BY-LAW TO ESTABLISH A DATE FOR CALCULATION OF THE TAX
DECREASE PHASE-IN AND TO DETERMINE A CUT-OFF DATE OR A FIXED POINT-
N-TIME FOR THE FROZEN ASSESSMENT LISTING FOR THE COMMERCIAL
NDUSTRIAL AND MULTI-RESIDENTIAL PROPERTY CLASSES FOR THE TAXATION
1999, AND TO ESTABLISH A DATE ON OR AFTER WHICH
YEARS 1998 AND
NOTICES MAY BE ISSUED, PURSUANT TO THE PROVISIONS OF THE FAIRNESS
1998'
FOR PROPERTY TAXPAYERS ACT
WHEREAS Ontario Regulation 348/99 provides that the municipality shall
determine the date on which the 1999 tax decrease phase-in may be determined: and
WHEREAS, to determine the 1999 tax decrease phase-in amounts, it is necessary
to establish a "cut-off' or "point-in-time" frozen assessment listing for the commercial,
industrial and multi-residential classes.
the Municipal Council of the Corporation of the County of Elgin
NOW THEREFORE
enacts as follows:
1999 tax decrease phase-in is calculated is hereby
1, THAT the date on which the
determined to be July 31, 1999,
2 THAT the frozen assessment listing for the purpose of the Municipality's
requirements as set out in the Fairness for Property Taxpayers Act, 1998 and the
Municipal Act as amended shall be revised and include additions to the roll under Section
42 and 43 of the Assessment Act, assessment reductions approved by the Assessment
Review Board, assessment reductions approved by the Ontario Municipal Board, tax write-
offs pursuant to Section 442 of the Municipal Act, appropriate class changes or subclass
changes and Minutes of Settlement not under appeal to the Assessment Review Board of
which all such additions, deletions or changes to the roll have been received and filed by
the Clerk of the Municipality on or before the date established in Section 1 of this by-law.
s
3. THAT tax liabilities for 1998 and 1999 under Section 368,0,2 of the Municipal Act
shall be recalculated and notices may be issued on or after the date on which the 1998
and 1999 tax decrease phase-in calculations are completed, such date determined in
Section 1 of this By-Law.
its passing
this By-Law shall come Into force and take effect upon
THAT
4.
1999.
time this 27th day of July 1999.
time and finally passed this 27th day of July
and second
READ a third
READ a first
.~
Rien VanBrenk,
Warden,
cDonald,
Chief Administrative Officer.