|THE REGIONAL MUNICIPALITY OF PEEL|
|BY-LAW NUMBER 68- 2004|
A by-law to amend By-law 22-2004 titled "Tax Relief for Seniors and Persons with Disabilities" in order to provide for the deferral of a property tax increase for low-income seniors and low-income persons with disabilities.
WHEREAS the Council of the Regional Municipality ("Regional Corporation") on June 24, 2004, passed By-law 22-2004 establishing a by-law to provide for the deferral of part of a property tax increase for low-income seniors and low-income persons with disabilities;
AND WHEREAS the Council of the Regional Corporation has by resolution passed on June 24, 2004 resolved to eliminate the $100 deductible from the program;
NOW THEREFORE the Council of the Regional Corporation enacts as follows:
1. That the definition for "eligible deferral amount" in section 2 of By-law 22-2004 is deleted and the following substituted therefore:
"eligible deferral amount" means the tax increase for the taxation year in which the application is made.
READ THREE TIMES AND FINALLY PASSED IN OPEN COUNCIL this 7th day of October, 2004.