- iii) One-third (1/3) thereof on the 30th day of June of 2020.
9. Except as provided for in section 10 of this By-Law, penalty and interest shall be imposed in accordance with the following against amounts that become due and remain unpaid:
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Any installment of taxes payable and remaining unpaid after the dates specified in Sections 8 or 9 shall be subject to a penalty for non-payment of one and one-quarter per cent (1¼%) on the first day of default.
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Any and all taxes and installments that remain unpaid after the first day of default shall be subject to interest for non-payment which will be calculated at a rate of one and one-quarter per cent (1¼%), per month and imposed on the first day of each calendar month subsequent to the date of default.
10.Notwithstanding Section 9 of this by-law, Section 6 of By-Law 12-2020, or similar provisions in relation to prior taxation years, the calculation and imposition of interest against unpaid taxes shall be modified as follows:
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The City shall not calculate or impose:
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Interest that would have otherwise been imposed on the 1st day of April 2020;
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Interest that would have otherwise been imposed on the 1st day of May 2020; or
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Interest that would have otherwise been imposed on the 1st day of June 2020.
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For further clarity, the accrual of interest against all taxes that have come due and remain unpaid shall resume on the 1st day of June 2020 and shall be imposed and collected without further exception;
11.The Treasurer or delegate is hereby authorized to accept part payment from time to time on account of 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 9 hereof in respect of non-payment of any taxes or any class of taxes or any installment thereof.
12.The Treasurer or delegate may mail or cause to be mailed to the address of the residence or place of business of each person taxed, a notice specifying the amount of taxes payable by such person.
13.That failure to receive a tax notice does not exempt the property owner from penalty and interest changes as outlined in Section9 of this by-law.
14.Notwithstanding the provisions of this by-law providing for payment of taxes or installments thereof without an additional percentage charge on or before the dates hereinbefore set forth, all taxes for this year, including local improvement rates and other rates payable as taxes, shall be deemed to have been imposed and to be due on and from the first day of January of this year.
15.Nothing herein contained shall prevent the Treasurer or delegate from proceeding at any time with the collection of any rate, tax or assessment, or any part thereof, in accordance with the provisions of the Statutes and by-laws governing the collection of taxes.
16.The all remaining provisions of By-Law 12-2020, not explicitly addressed herein shall continue unchanged without amendment and in full force and effect.