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VILLAGE OF POINT EDWARD
By-law Number 5 of 2025
A By-law to Provide for Interim Tax Levies for the Year 2025 for the
Corporation of the Village of Point Edward
WHEREAS section 317 of the Municipal Act, S.O. 2001, c.25, as amended, provides that
the council of a local Municipality, before the adoption of estimates for the year under section 290,
may pass a by-law levying amounts on the assessment of property in the local municipality rateable
for local municipality purposes:
AND WHEREAS the Council of this municipality deems it appropriate to provide for such
interim levy on the assessment of property in this municipality;
THEREFORE the Council of the Village of Point Edward enacts as follows:
In this by-law the following words shall be defined as:
"Treasurer" shall mean the Point Edward Treasurer;
"Minister" shall mean the Minister of Finance;
"MPAC" shall mean the Municipal Property Assessment Corporation;
1. The amounts levied shall be as follows:
1.1 For the Residential, Pipeline, Farmland and Managed Forest Property classes there shall be
imposed and collected an interim levy of:
(a) the percentage prescribed by the Minister under section 317(3)(1) of the Municipal Act;
or,
(b) 33.3% if no percentage is prescribed, of the total taxes for municipal, county and school
purposes levied on in the year 2024.
1.2 For the Multi-Residential, Commercial and Industrial property classes there shall be imposed
and collected an interim levy of:
(c) the percentage prescribed by the Minister under section 317(2)(1) of the Municipal Act,
or,
(d) 33.3% if no percentage is prescribed, of the total taxes for municipal, county and school
purposes levied on in the year 2024.
2. For the purposes of calculating the total amount of taxes for the previous year under paragraph 1,
if any taxes for municipal, county and school purposes were levied on a property for only part of
the previous year because assessment was added to the Treasurer's roll during the year, an amount
shall be added equal to the additional taxes that would have been levied on the property if taxes
for municipal and school purposes had been levied for the entire year.
3. The provisions of this by-law apply in the event that assessment is added for the year 2025 to the
Treasurer's roll after the date this by-law is passed and an interim levy shall be imposed and
collected.
4. All taxes levied under this by-law shall be payable into the hands of the Treasurer in accordance
with the provisions of this by-law.
By-Law 5 of 2025 Page 2
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There shall be imposed on all taxes a penalty for non-payment or late payment of taxes in default
of the installment dates set out below. The penalty shall be one and one-quarter percent (1 1/4%)
of the amount in default on the first day of each calendar month during which the default
continues, but not after the end of 2025.
The interim tax levy imposed by this by-law shall be due on March 3, 2025.
The Treasurer may mail or cause to be mailed to the address of the residence or place of business
of each person taxed under this by-law, a notice specifying the amount of taxes payable.
The notice to be mailed under this by-law shall contain the particulars provided for in this by-law
and the information required to be entered in the Treasurer's roll under section 343 of the
Municipal Act.
The subsequent levy for the year 2025 to be made under the Municipal Act shall be reduced by
the amount to be raised by the levy imposed by this by-law.
The provisions of s.317 of the Municipal Act, as amended apply to this by-law with necessary
modifications.
The Treasurer shall be authorized to accept part payment from time to time on account of any
taxes due, and to give a receipt of such part payment, provided that acceptance of any such part
payment shall not affect the collection of any percentage charge imposed and collectable under
section 5 of this by-law in respect of non-payment or late payment of any taxes or any installment
of taxes.
Nothing in this by-law shall prevent the Treasurer from proceeding at any time with the collection
of any tax, or any part thereof, in accordance with the provisions of the statutes and by-laws
governing the collection of taxes.
In the event of any conflict between the provisions of this by-law and any other by-law, the
provisions of this by-law shall prevail.
This by-law shall come into force and take effect on the day of the final passing thereof.
THAT this By-Law be READ a FIRST, SECOND and THIRD TIME and FINALLY
PASSED, this 28th day of January 2025.
f Clerk