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By-law # 2005-07 Tax Ratios By-law

CORPORATION OF THE TOWNSHIP OF GORDON

BY LAW NO. 2005-07


BEING a by-law to establish tax ratios;

WHEREAS under section 308 (4) of the Municipal Act 2001, c.25 “A single-tier municipality shall pass a by-law on or before April 30 in each year to establish the tax ratios for that year for the municipality”;

NOW THEREFORE, the Council of the Corporation of the Township of Gordon hereby enacts as follows;

1. The tax ratios for the Municipality of Gordon are as follows:

Residential/Farm 1.0000

Multi-Residential Nil

Commercial 1.0286

Industrial 0.6140

Pipeline 0.2500

Farmland 0.2500

Managed Forest 0.2500

The by-law shall come into force at the time of its passing by Council

READ A FIRST, SECOND AND THIRD TIME ENACTED ON THE _____DAY OF _______, 2005.


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REEVE CLERK







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