BY-LAW NO. 797-10
OF THE
TOWN OF OYEN
IN THE PROVINCE OF ALBERTA



Being a by-law to authorize the rates of taxation
to be levied against assessable property within
the Town of Oyen for the 2010 taxation year.

WHEREAS, the Town of Oyen in the Province of Alberta has prepared and adopted detailed estimates of municipal revenues and expenditures as required, at the Council meeting held on June 16, 2010 and


WHEREAS, the estimated municipal expenditures and transfers set out in the budget for the Town of Oyen for 2010 total $2,163,416.00; and


WHEREAS, the estimated municipal revenues and transfers from all sources other than taxation is estimated at $1,295,665.00 and the balance of $867,751.00 is to be raised by general municipal taxation; and


WHEREAS, the requisitions are:

AND WHEREAS, the Council of the Town of Oyen is required each year to levy on the assessed value of all property tax rates sufficient to meet the estimated expenditures and the requisitions; and

WHEREAS, the Council is authorized to classify assessed property, and to establish different rates of taxation in respect to each class of property, subject to the Municipal Government Act, Chapter M26, Revised Statutes of Alberta, 2000; and


WHEREAS, the assessed value of all property in the Town of Oyen as shown on the assessed roll is:

NOW THERFORE, under the authority of the Municipal Government Act, the Council of the Town of Oyen in the Province of Alberta, enacts as follows:

1. That the Municipal Administrator is hereby authorized to levy the
following rates of taxation on the assessed value of all property as
shown on the assessment roll of the Town of Oyen:

2. The minimum amount payable as property tax for general municipal
purposes shall be $867,751.00.

3. That this By-Law shall take effect on the date of the third and final
reading.

READ A FIRST TIME THIS 15th DAY OF JUNE, 2010.

READ A SECOND TIME THIS 15th DAY OF JUNE, 2010.

READ A THIRD TIME AND PASSED THIS 15th DAY OF JUNE, 2010.






Mayor



Municipal Administrator