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Water and Sewage Tax Rate for the Hydroelectric Generating Plant located in the Town of Bishop's Falls Regulations
(Filed August 12, 2014)
Under the authority of subsection 131(8) of the Municipalities Act, 1999 , I make the following regulations.
Water and sewage tax rate
(1) The water and sewage tax rate imposed by the council for the Hydroelectric Generating Plant located in the Town of
In subsection (1)
"mill rate" means the same mill rate applied by the council to all commercial properties in the town; and
"assessed value" means the assessed value of the Hydroelectric Generating Plant as assessed in accordance with the Assessment Act, 2006
Notwithstanding subsection (1), the maximum allowable mill rate shall not exceed the mill rate imposed on other commercial properties in the town.