THE REGIONAL MUNICIPALITY OF PEEL
BY-LAW NUMBER 32-2000
A by-law to make Division B of Part XXII.2 of the Municipal Act apply for 2000 with respect to property in the Regional Area that is in the commercial property class, the industrial property class and the multi-residential property class, and to designate such classes for this purpose.
WHEREAS the Council of The Regional Municipality of Peel has at its meeting of March 30, 2000 considered a report of the Treasurer and Commissioner of Finance in which the operation of Division B of Part XXII.2 of the Municipal Act, S.O. 1998, c.33 (the "capping provision") as enacted by the Fairness for Municipal Property Taxpayers Act, 1998 was reviewed;
AND WHEREAS the report of the Regional Treasurer and Commissioner of Finance recommended the adoption by the Council of a by-law pursuant to section 447.44 of the Municipal Act to make the capping provision apply for 2000;
NOW THEREFORE, the Council of the Regional Corporation enacts as follows:
READ THREE TIMES AND FINALLY PASSED IN OPEN COUNCIL this 30th March, 2000.