BY-LAW Number: 2010-020
BEING A BY-LAW TO PROVIDE FOR HERITAGE PROPERTY TAX RELIEF (HERITAGE TAX REFUND)
WHEREAS section 365.2 of the Municipal Act, 2001, S.O. 2001, c. 25, as amended, provides that the council of a local municipality may pass a by-law establishing a program to provide tax refunds in respect of eligible heritage properties;
AND WHEREAS a request has been received to establish a Heritage Tax Refund Program in the Town of Collingwood for properties designated under the Ontario Heritage Act; R.S.O. 1990, c. O.18, as amended;
AND WHEREAS the Town of Collingwood Heritage Advisory Committee has recommended that a Heritage Tax Rebate Program such a program be established and Council is in agreement with this recommendation;
NOW THEREFORE COUNCIL OF THE CORPORATION OF THE TOWN OF COLLINGWOOD ENACTS AS FOLLOWS:
1. THAT the Heritage Tax Refund Program Guidelines, attached as Schedule “A”, be adopted.
2. THAT the Town of Collingwood Heritage Tax Refund Program shall be administered in accordance with the provisions of the Heritage Tax Refund Program Guidelines, attached as Schedule “A”.
3. THAT within thirty (30) days of the passing of this By-law, notice shall be provided to the Minister of Finance, the County of Simcoe, the Ministry of Culture and owners of designated properties within the Town of Collingwood.
4. THAT this By-law shall come into effect upon the passing thereof.
ENACTED AND PASSED this 8th day of February, 2010.