31-15

A BY-LAW TO ESTABLISH THE 2015 TAX RATES FOR COUNTY OF RENFREW PURPOSES (2015)

Click Here to download the pdf. 

 
WHEREAS the Council of the Corporation of the County of Renfrew shall in each year prepare and adopt estimates of the sums it requires during the year for the purposes of the municipal corporation pursuant to Section 289 of the Municipal Act, 2001 S.O. 2001, c. 25, as amended;

AND WHEREAS the Council of the Corporation of the County of Renfrew on January 28, 2015 adopted By-law Number 4-15, being a By-law to Adopt the Estimates for the Sums Required During the Year 2015 for General, Capital and All Purposes of the County of Renfrew;

AND WHEREAS Council adopted the sum of Thirty-Eight Million, Six Hundred and Ninety-Seven Thousand, Two Hundred and Twenty-Nine Dollars ($38,697,229) as the estimate of the property tax levy required during the year 2015 for general, capital and all purposes of the Corporation of the County of Renfrew;

AND WHEREAS, pursuant to Section 311 of the Municipal Act, 2001, S.O. 2001, c.25, as amended, provides that for purposes of raising the General County Levy, the Council of the County shall each year, by by-law, direct the Council of each lower-tier municipality to levy a separate rate, as specified in the by-law, on the assessment in each property class in the lower-tier municipality rateable for county purposes;

AND WHEREAS all property assessment rolls on which the 2015 taxes are to be levied have been returned and revised pursuant to the provisions of the Assessment Act;

AND WHEREAS the tax ratios on the property classes prescribed pursuant to Section 7 of the Assessment Act and the regulations thereto (the “Prescribed Property Classes”) for the 2015 taxation year have been set out by by-law by the Corporation of the County of Renfrew for the County and lower-tier purposes;

AND WHEREAS the subclass tax rate reductions on the property subclasses prescribed pursuant to Section 8 of the Assessment Act (the “Prescribed Property Subclasses”) for the 2015 taxation year have been set out by by-law by the Corporation of the County of Renfrew for County and lower-tier purposes;

AND WHEREAS the tax rates on the Prescribed Property Classes and Prescribed Property Subclasses have been calculated in accordance with the provisions of the Municipal Act, 2001 and the manner set out herein;

NOW THEREFORE, the Council of the Corporation of the County of Renfrew hereby enacts as follows:

1. That for the year 2015 the rates to be applied on the taxable and payment-in-lieu assessment in each municipality rateable for County purposes shall be as follows:

Residential 0.00347894
Residential – Farmland Awaiting Development (Phase 1) 0.00121763
Multi-Residential 0.00676166
Commercial – Occupied 0.00631323
Commercial – Vacant 0.00441926
Commercial – Farmland Awaiting Development (Phase 1) 0.00121763
Industrial – Occupied 0.01008599
Industrial – Vacant 0.00655589
Large Industrial – Occupied 0.01258299
Large Industrial – Vacant 0.00817894
Pipelines 0.00463673
Farmlands 0.00086973
Managed Forests 0.00086973

2. That for purposes of this by-law:

(a) the commercial property class includes all commercial office property, shopping centre property and parking lot property;

(b) the first subclass of farmland awaiting development and second subclass of farmland awaiting development consists of land as defined within the Assessment Act, as amended, and the regulations thereto.

3. The dollar amount to be raised for County purposes by each lower-tier municipality by application of the various tax rates so specified within this by-law on the taxable and payment-in-lieu assessment in each property class in the lower-tier municipality rateable for County purposes is as set out in Schedule “A” attached to and forming part of this by-law.

4. That the dollar amount to be raised for County purposes by each lower-tier as set out in Schedule “A” shall be paid to the County in accordance with County of Renfrew By-law 34-12.

5. That this by-law shall come into force and take effect upon the passing thereof.

READ a first time this 29th day of April, 2015.

READ a second time this 29th day of April, 2015.

READ a third time and finally passed this 29th day of April, 2015.

______________________                                          _______________________ 
PETER R. EMON, WARDEN                                           W. JAMES HUTTON, CLERK

Schedule 'A' 2015