THE REGIONAL MUNICIPALITY OF PEEL |
BY-LAW NUMBER 73-2008 |
A by-law to requisition from the lower-tier municipalities a sum not exceeding 50 per cent of the amount that in By-law 36-2008 was to be raised in each lower-tier municipality, before the adoption of the final Regional estimates for the year 2009. |
WHEREAS by Section 316(1) of the Municipal Act, 2001, S.O. 2001, c. 25 Regional Council may before the adoption of estimates for the year, requisition a sum from each lower-tier municipality not exceeding an amount determined by,
(a)adding the prescribed percentage (or 50 per cent if no percentage is prescribed) of the amount that, in the upper-tier rating by-law for the previous year, was estimated to be raised in the particular lower-tier municipality; (b)subtracting the prescribed percentage (or 50 per cent if no percentage is prescribed) of the upper-tier municipality's share of the costs, for the previous year, of deferrals, cancellations or other relief under a by-law under Sections 319, 361, 362 or 364; and (c)adding the prescribed percentage (or 50 per cent if no percentage is prescribed) of the upper-tier municipality's share of any taxes, deferred under a by-law under subsection 319(1), that were due in the previous year;
AND WHEREAS Council has by resolution adopted on the 4th of December, 2008 authorized the presentation of this by-law for enactment;
NOW THEREFORE be it resolved, that the Council of the Regional Corporation enacts as follows:
Municipality | Requisition |
City of Mississauga | $ 224,246,738 |
City of Brampton | 118,430,040 |
Town of Caledon | 17,836,722 |
Total |
$ 360,513,500 |
Instalment | Due Date |
Mississauga |
Brampton |
Caledon |
1 |
January 15 | $ 9,352,079 |
||
2 |
February 16 | $ 9,336,546 |
||
3 |
February 19 | $ 39,476,680 |
||
4 |
March 6 | $ 111,234,742 |
||
5 |
March 16 | $ 9,420,483 |
||
6 |
March 26 | $ 39,476,680 |
||
7 |
April 1 | $ 8,918,361 |
||
8 |
April 3 | $ 28,259,967 |
||
9 |
April 15 | $ 9,438,030 |
||
10 |
April 23 | $ 39,476,680 |
||
11 |
May 8 | $ 28,327,654 |
||
12 |
May 15 | $ 9,438,496 |
||
13 |
May 27 | $ 8,918,361 |
||
14 |
June 15 | $ 9,438,741 |
READ THREE TIMES AND PASSED IN OPEN COUNCIL this 11th day of December, 2008.
J. Payne ________________________ Deputy Clerk |
E.
Kolb ______________________ Regional Chair |
Schedule "A" to By-law 51-2008 (pdf.file)
Schedule "B" to By-law 51-2008 (pdf. file)