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Coronavirus: London council’s motion to delay property tax penalties, interest extended

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globalnews.ca

A proposed motion to delay bills and waive interest and penalties amid the coronavirus pandemic is now being extended. Last week, a motion was proposed to waive interest and penalties for unpaid property tax instalments due March 31.

Interest and penalties would also be waived on unpaid water and wastewater bills. The motion is now proposing to double the interest and penalty-free period for both payments to 60 days.

A new direction has also been added for staff to come back with possible options for further relief before the June instalment is due. “We’re all coming to understand this is going to be a longer period than anticipated by most experts.

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