Funding Impact Statement Charges for Metered Water Also included in the Picton area are a number of properties where it was an express condition of subdivisional resource consent. Water Supply Readings Taken in Period Last Date for Picton Vicinity Area (PV) (Fig 4) Area Payment before Penalty is Added All of that area from the western point of Ngakuta Bay to the former Picton Borough Awatere and 1 July – 31 October 2018 20 November 2018 boundary; plus all of that area from the eastern point of Waikawa Bay to Whatamango Seddon Bay; plus a corridor area from the southern boundary of the former Picton Borough to 1 November 2018 – 28 February 2019 20 March 2019 Speeds Road; excluding properties serviced by the Picton Water or Sewerage 1 March -30 June 2019 20 July 2019 Schemes, but including the properties listed in the Schedule above. Blenheim, 1 July –30 September 2018 20 October 2018 General Rural Area (GR) (Fig 1) Havelock, Picton, 1 October – 31 December 2018 20 January 2019 All of that area administered by the former Marlborough County and excluding that part Renwick, of the former County’s area which has been included in either the Blenheim, Blenheim Riverlands, 20 April 2019 Vicinity, Picton, Picton Vicinity or Sounds Admin Rural areas. Southern 1 January – 31 March 2019 Valleys’ and Sounds Admin Rural (AR) (Fig 5) Wairau Valley 1 April – 30 June 2019 20 July 2019 All of that area with basically sea access only, which was subject to the former Marlborough County Council Empowering Act 1965. Penalty Provisions (Additional Charges on Unpaid Rates) The above rates and charges are for the period 1 July 2018 to 30 June 2019 and will A penalty, equivalent in amount to 10% of the instalment amount remaining unpaid at become due and payable by four instalments as follows: the close of day on the “Last Date for Payment”, shall on the next day be added to that amount of unpaid rates. Last Date for Payment Before Penalty is Added Pursuant to sections 57/58 of the Local Government (Rating) Act 2002, a further Instalment One 11 September 2018 penalty of 10% will be added to all rates and charges that remain unpaid on 30 June 2019. Instalment Two 11 December 2018 Instalment Three 11 March 2019 Payments are applied to the oldest debt first. All payments are allocated to the oldest debt first so if the instalment is not paid in full by the date shown a 10% penalty is Instalment Four 11 June 2019 added to any amount of the instalment still outstanding. All penalty charges are exempt from GST. Each instalment is one quarter of the annual rates for the current year. Penalty Provisions (Unpaid Metered Water) A penalty, equivalent in amount to 10% of the metered water amount remaining unpaid at the close of day on the “Last Date for Payment”, shall on the next day be added to that amount which remains unpaid 2018-2028 Long Term Plan Page 288