2007-16 Establish Tax Ratios
CORPORATION OF THE TOWNSHIP OF GORDON
BY LAW NO. 2007-16
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 1.000000
Multi-Residential 1.000000
Commercial 1.028600
Commercial Exc. 0.720020
Commercial Vac. 0.720020
Industrial 0.614000
Pipeline 0.250000
Farmland 0.250000
Managed Forest 0.250000
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 _______, 2006.
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REEVE CLERK