ontario regulation 187/04

made under the

Municipal Act, 2001

Made: June 25, 2004
Filed: June 28, 2004
Printed in The Ontario Gazette: July 17, 2004

Amending O. Reg. 703/98

(Tax Matters — Transition Ratios and Average Transition Ratios for Restructured Municipalities)

1. Ontario Regulation 703/98 is amended by adding the following section:

3. The following transition ratios are prescribed for 2004 for the restructured City of Temiskaming Shores for the purposes of subsections 308 (10) of the Act:

1. 2.1807 for the multi-residential property class.

2. 1.4977 for the commercial property class.

3. 1.9136 for the industrial property class.

4. 0.6271 for the pipe line property class.

5. The upper limit of the allowable range of tax ratios prescribed for the property class if the property class is not listed in paragraph 1, 2, 3, 4 or 5.

Made by:

Gregory Sorbara

Minister of Finance

Date made: June 25, 2004.