The Brussels Post, 1976-07-28, Page 3r
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• THE BRUSSELS POST, JUL' 24. 1976
uartz Watches
are Here
6 Functions
Hour,
Minute,
Second,
Day,
A.M. & P.M. Indicator
I full year Guarantee
by manufaCturer
y
Open. Every Friday till 9 p.m.
For Your Shopping Convenience
keinber B.B.A. Mayer's Jewellery
& Gifts Where Personal Service
Is Still Iniportant.
Brussels, 887-9000
Audrey &,Lloyd
(V) PIONEER
SPECIAL OFFER
WEST DRAIN GOING IN -- Work started last week on the new Brussels west
drain, which winds from the river up behind the senior citizens apartments and will
eventually go as far as Brussels Public School. The new installation is designed to'
drain the most westerly corner of town. (Photo by Langlois)
Tax Reform Meeting
Scheduled in Huron
Famous Pioneer
performance at a
NEW LOW PRICE
- ••16110.rnamma..:....7•1111221 '
60 PIONEER
The Commission on the Reform
of Property Taxation in Ontario
will hold a public meeting August
4 at the Goderich Collegiate gym-
nasium to receive submissions on
the Ontario Government's new
system of property taxation.,
The new system proposed by
the government is based on a
market value assessment and the
Commission hopes to -.receive
submissions from local govern-
ments, taxpayers and other
interested persons in the area.
The Commission will conduct a
series of such meetings through-
out the summer before making its recommendations t0 the
government.
The paper on the property tax
reform states that Otitario resi-
dents will realize a reduced share
of property taxes on a collective
basis and residential property will beredefined . to include only
residences and a small amount of
land. The current practice of
levying mill rates on residential
A Post Classified will pay you
dividends. Have you tried one?
Dial Brussels 887-6641:
Short Shots
(Continued from Page 1)
There will be plenty of good
games to provide excitement for
N ball fans. The tournament runs al Friday, July 30 to Monday, august 2.
and commercial properties will be
discontinued.
Farmland and buildings will be
assessed and taxed at market
value but the taxes will be paid by
the province. Like other resi-
dences, farm residences will be
taxed at 50 per cent of the market
value which will be paid by the
owner. If the property changes
use there will be added provisions
to recover the taxes paid by the
Province.
All property used for business
will be subject to an additional
assessment of 50 per cent of the
market value for business taxes.
Public residences will be subject
to payments equivalent to taxes at
50 per cent of the market value.
The new system will be phased
in over a period of five years to
eliminate abrupt tax changes.
The provisions of the Assessment
Act will be applied to the
assessment of all property in the
province, .including areas without
municipal governments. Public
organizations that receive grants
from the proVince will be allowed
to include their tax payment as
expense for grant purposes and
the Ontario tax credit system will
be strengthened.
.Copies of the tax reform may be
obtained from the • regional
assessment office and the
commission requested that any-
one planning a written or oral
submission at the meeting should
contact Mr. Lawrence Close at
Queen's Park, Toronto.
The sessions will be held in the
GDCI auditorium Aug. 4 at 10
a.m. to 12:30 p.m., 2 p.m. to 4:30
p.m., and 7 p.m. to 9:30 p.m.
SX-434 HIGH FIDELITY AM/FM
STEREO RECEIVER, \,
Regular Price 299.15
While they last . . .
'239. •