By-Law 2023-064 (2)THE CORPORATION OF THE TOWN OF TILLSONBURG
BY-LAW 2023-64
A BY-LAW to Authorize Tax Exemptions for Land Leased at 51 &55 Brock Street
East by the Town of Tillsonburg for the Provision of Municipal Capital Facilities
as permitted pursuant to Subsection 110(6)of the Municipal Act
WHEREAS;Section 110(1)of the Municipal Act,2001 S.O.2001 c.25,as amended
provides that the council of a municipality may enter Into an agreement for the
provisions of municipal capital facilities by any person;
AND WHEREAS;Section 110(6)of the Municipal Act,2001 S.O.2001 c.25,as
amended provides that council of a municipality may exempt from taxation for municipal
and school purposes land or a portion of it on which municipal capital facilities are or will
be located;
AND WHEREAS;Pursuant to subsection 2(1)of Ontario Regulation 603/06,the
classes of municipal capital facilities that are eligible municipal capital facilities for the
purposes of a tax exemption under subsection 110(6)of the Municipal Act,2001 S.O.
2001 c.25,as amended include Facilities used for the general administration of the
municipality;
BE IT THEREFORE ENACTED by the Council of the Corporation of the Town of
Tillsonburg as follows:
1.The Council hereby designates the Lease Agreements dated May 16,2023
between R.E.Wood Realty Limited and the Town of Tillsonburg,and dated May
26,2023 between Community Living Tillsonburg and the Town of Tillsonburg as
a municipal capital facilities agreements made pursuant to Section 110(1)of the
Municipal Act.2001 S.O.2001 c.25,as amended.
Page 1 of 2
By-Law 2023-034
2.The Council hereby exempts the properties known municipally as 51 Brock
Street East and 55 Brock Street East;Tax Roll Numbers 3204-030-030-02300
and 3204-030-030-02400 (the “Leased Lands”)from taxation for municipal and
school purposes pursuant to Section 110(6)of the Municipal Act,S.O.2001 c.25
as amended and designates these properties municipal capital facilities for the
purposes of the general administration of the municipality.The tax exemption to
commence September 1,2023 and to remain in force for the duration of the two
(2)year Lease Terms.
3.The Council hereby directs the Clerk to notify the Municipal Property Assessment
Corporation,the County of Oxford,the BIA and the secretary of all school boards
which includes the land exempted,at the enactment of the By-Law.
READ A FIRST AND SECOND TIME THIS 14th day of August,2023.
READ A THIRD AND FINAL TIME AND PASSED THIS 14th day of August,2023.
MAYOR -Deb Gilvesy
Z
^^^Tany?DS^eIsCLE
Page 2 of 2