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THE CORPORATION OF THE TOWNSHIP OF LAIRD
By-law Number 2066-26
BEING A BY-LAW to set Tax Classes and the Tax Ratios for Municipal
purposes for the year 2026.
WHEREAS pursuant to Section 7 (2) of the Assessment Act, R.S.O. 1990, Chapter
A. 31, as amended, sets out a list of classes as prescribed by the Minister for
Assessment purposes, and;
WHEREAS pursuant to Section 308 (4) of the Municipal Act, 2001, S.O., c. 25, as
amended requires Council of the Corporation of The Township of Laird to establish
the tax ratios for each tax class for the year 2026, and;
WHEREAS pursuant to Section 308.1 (2) of the Municipal Act, 2001, S.O., c. 25, as
amended restricts the tax ratios for Managed Forest to 0.25 and Section 308.1 (3) of
the Municipal Act, S.O. c. 25, as amended restricts the tax ratio for Farm Property to
0.25, and;
WHEREAS the tax ratios determine the relative amount of taxation to be borne by
each property class;
NOW THEREFORE the Council of the Corporation of The Township of Laird hereby
enacts as follows:
1.
THAT for the taxation year 2026 the tax ratio for property in the following
classes will be:
the residential/farm property class
1.0000
the commercial property class
1.0579
the industrial property class
0.9771
the farmlands property class
0.2500
the managed forest property class
0.2500
2.
THAT this by-law repeals any and all by-laws previously passed for this
purpose.
READ and passed on Open Council this 15th day of January 2026.
Mayor __________________________
Shawn Evoy
Seal
Clerk ___________________________
Jennifer Errington