Municipal Code Chapter 521 — Taxes - Unpaid - Interest

Orillia, Ontario · adopted 2000-01-17

This is the exact embedded text of the captured official document. Snapshot 4a668b64f464 · verified 2026-08-23 · original document · archived snapshot · unofficial consolidation, the official version is held by the municipal clerk.

FINANCIAL Chapter 521 TAXES - UNPAID - INTEREST CHAPTER INDEX Article 1 TAXES - DUE - UNPAID 521.1.1 Interest - calculated - authority - Treasurer - Collector Article 2 REPEAL - ENACTMENT 521.2.1 By-law - previous 521.2.2 Effective date __________ Article 1 TAXES - DUE - UNPAID 521.1.1 Interest - calculated - authority - Treasurer - Collector The City Treasurer and/or the Collector of Taxes, as the case may be, is hereby authorized and instructed to add to the amount of all taxes due and unpaid interest at the rate of one and one-quarter percent (1 ¼%) per month or fraction thereof from the 31st day of December in the year in which the taxes were levied until the taxes are paid. Article 2 REPEAL - ENACTMENT 521.2.1 By-law - previous By-law 1999-94 is hereby repealed. 521.2.2 Effective date This Chapter shall come into force and effect on January 1, 2000. By-law 2000-6, 17 January 2000. Adopting By-law: By-law 1983-27, 28 February 1983. By-law Amendments: By-law 1999-94, 28 June 1999. Repealed and Replaced: By-law 2000-6, 17 January 2000. ORILLIA 521.1 JANUARY 2000