Report to: General Committee Report
Date: May 25, 2009
SUBJECT: 2009 Business
Improvement Areas Levy Bylaw
PREPARED BY: Paul Wealleans, Director, Taxation
RECOMMENDATIONS:
THAT a
by-law be approved to provide for the levy and collection of a 2009 special
charge against all rateable property in a business property class in the
Unionville Business Improvement Area in the amount of $199,500 and in the Markham
Business Improvement Area in the amount of $202,183;
AND THAT staff be
authorized and directed to do all things necessary to give effect to this
resolution.
EXECUTIVE SUMMARY:
Not applicable.
Council approved
the budget of the Markham Business Improvement Area on June 3, 2009. The Unionville Business
Improvement Area was approved by General Committee on June 1, 2009 and is expected to be
approved by Council on June
23, 2009.
This report and
bylaw authorizes the Town to collect the BIA’s levies and must be approved by
Council on June 23, 2009 as the next Council meeting of September 14, 2009 will
be too late for approval as the commercial tax bills must be in the mail the
week of September 8th to meet the new instalment due date of October
5th.
FINANCIAL CONSIDERATIONS:
The tax rates have been calculated to achieve the revenue
requirements of the 2009 budgets, as approved by Town of Markham Council for the Unionville Business
Improvement Area and the Markham Business Improvement Area.
HUMAN RESOURCES CONSIDERATIONS:
Not
Applicable.
ALIGNMENT WITH STRATEGIC PRIORITIES:
Not
Applicable.
BUSINESS UNITS CONSULTED AND AFFECTED:
Legal
Services Department.
RECOMMENDED
BY: ________________________ ________________________
Barb Cribbett, Treasurer Andy
Taylor, Commissioner
Corporate
Services
Q:\Finance\SHARED\2009 General Committee Finance\930
2009 BIA Levy Bylaw.doc
Appendix A: Draft
Business Improvement Areas
2009 Special
Charge By-law
A by-law to provide for
the levy and collection
of sums required by the Unionville
Business Improvement Area and the Markham Business
Improvement Area for the year 2009
.
WHEREAS Section 312 of
the
Municipal Act, 2001, S.O. 2001, c.25, provides that
the Council of a local municipality shall, after the adoption of estimates for
the year, pass a by-law to levy a separate tax rate on the assessment in each
property class, and;
WHEREAS Sections 307 and 308 of the said Act require taxes to
be levied upon the whole of the assessment for real property according to
amounts assessed under the Assessment Act, R.S.O. 1990, cA.31 and that
tax rates to be established in the same proportion to tax ratios, and;
WHEREAS Section 205 of the said Act
requires that a board of management of a business improvement area shall
prepare a budget for each fiscal year and shall hold one or more meetings of
its members of the improvement area for discussion of the proposed budget and
submit the budget for approval by council, and;
WHEREAS Section 208 of the said Act
requires that the municipality shall raise the amount required for the purposes
of the board of management by a special charge by levy upon rateable property
in the improvement area that is in a prescribed business property class.
BE IT THEREFORE ENACTED BY
THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE TOWN OF MARKHAM THE FOLLOWING:
1. The
sum of $202,183 shall be levied on non-residential properties located
within the boundaries of the Town of Markham's
MARKHAM BUSINESS IMPROVEMENT AREA
for the year 2009, such amount to be provided for as follows:
ASSESSMENT TAX TAXES
RATE
Commercial (CT/ST) $44,174,966 0.457687% $202,183
2. The
sum of $199,500 shall be levied on
non-residential properties located within the boundaries of the Town of Markham's UNIONVILLE BUSINESS IMPROVEMENT AREA
for the year 2009, such amount to be provided for as follows:
ASSESSMENT TAX TAXES
RATE
Commercial (CT/ ST) $27,710,474 0.719944% $199,500
READ A FIRST, SECOND AND THIRD TIME
AND PASSED THIS 23rd DAY OF
JUNE 2009.
________________________ _______________________
Kimberley
Kitteringham, Frank
Scarpitti, Mayor
Town Clerk