THE REGIONAL MUNICIPALITY OF PEEL |
BY-LAW NUMBER 108-2012 |
A by-law to requisition from the lower-tier municipalities a sum not exceeding 50 per cent of the amount that in By-law 25-2012 was to be raised in each lower-tier municipality, before the adoption of the final Regional estimates for the year 2013. |
WHEREAS by Section 316(1) of the Municipal Act, 2001, S.O. 2001, c. 25 (hereinafter referred to as the “Act”) 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 the amounts under Sub-sections 316(1)(b) and 316(1)(c) of the Act are not significant and have not been reflected in the requisition amount;
AND WHEREAS Council has by resolution adopted on the 22nd of November, 2012 authorized the presentation of this by-law for enactment;
NOW THEREFORE, the Council of the Regional Corporation enacts as follows:
Municipality |
Requisition |
City of Mississauga |
$265,485,782 |
City of Brampton |
141,361,069 |
Town of Caledon |
20,501,143 |
Total |
$427,347,994 |
Due Date |
Mississauga |
Brampton |
Caledon |
January 15 |
$11,946,860 |
||
February 15 |
$11,946,860 |
||
February 21 |
|
$47,120,356 |
|
March 8 |
$126,105,746 |
$10,250,572 |
|
March 15 |
$11,946,860 |
||
March 21 |
|
$47,120,356 |
|
April 5 |
$33,716,694 |
||
April 15 |
$11,946,860 |
||
April 18 |
|
$47,120,357 |
|
May 3 |
$33,982,180 |
$10,250,571 |
|
May 15 |
$11,946,860 |
|
|
June 17 |
$11,946,862 |
|
|
READ THREE TIMES AND PASSED IN OPEN COUNCIL this 22nd day of November, 2012.
K. Lockyer ________________________ Regional Clerk |
E. Kolb ______________________ Regional Chair |