CITY OF REVELSTOKE
BY-LAW #1295
___________________________________________________________________
A By-Law for the purposes of adopting the Annual Budget and Rates By-Law for the year l985 ___________________________________________________________________
WHEREAS in accordance with the provisions of Section 264 and 273 of the Municipal Act, Council is required, by By-Law to adopt the Annual Budget estimates of the Municipality on or before the fifteenth day of May of each year.
AND WHEREAS a Levy shall be imposed on all taxable land and improvements within the City of Revelstoke, according to the assessed value thereof, at a rate to provide the total of the amount to be raised by taxation.
AND WHEREAS the Supplementary Letters Patent empower Council to divide the Municipality into two taxation districts in order to reduce the impact of any taxation increase within that area of the Municipality not within the Corporation of the City of Revelstoke under the former Letters Patent. Therefore, the two taxation districts shall be known as: Jurisdiction 228 former Corporation of City of Revelstoke and Jurisdiction 230 former area not within the Corporation of the City of Revelstoke, as per By-Law #l23l, l982.
NOW THEREFORE the Council of the City of Revelstoke in open meeting assembled enacts as follows:
l. Schedule "A" attached hereto, providing for a gross expenditure of $7,637,9l0 and made part of this By-Law is hereby adopted and is the Annual Budget of the City of Revelstoke for the year ending December 3l, l985.
2. The following rates are hereby imposed and levied for the year l985.
(a) For all lawful general purposes of the Municipality on the value of land and improvements taxable for general municipal purposes, rates appearing in Column "A" and "A-2" of the Schedule attached hereto and forming a part hereof.
(b) For debt purposes on the value of land and improvements taxable for general municipal purposes, rates appearing in Column "B" and "B-2" of the Schedule attached hereto and forming a part hereof.
(c) For hospital purposes on the value of land and improvements taxable for regional hospital district purposes, rates appearing in Column "C" of the Schedule attached hereto and forming a part hereof.
(d) For purposes of the Regional District of Columbia-Shuswap on the value of land and improvements taxable for regional hospital district purposes, rates appearing in Column "D" of the Schedule attached hereto and forming a part hereof.
3. The minimum amount of taxation upon a parcel of real property shall be One Dollar. ($l.00.)
4. This By-Law may be cited for all purposes as "The City of Revelstoke Annual Budget and Tax Rates By-Law #l295, l985."
READ A FIRST TIME THIS 22nd DAY OF APRIL , l985
READ A SECOND TIME THIS 22nd DAY OF APRIL , l985.
READ A THIRD TIME THIS 22nd DAY OF APRIL , l985
Page 2.
RECONSIDERED AND FINALLY ADOPTED THIS l3th DAY OF MAY , l985.
________________________________ _______________________________ CLERK MAYOR
I hereby certify that the foregoing is a true and correct copy of the "City of Revelstoke Annual Budget and Tax Rates By-Law No. l295, l985."
________________________________ CLERK
|