Here's another way:
1) Create a "heartbeat" web script that is responsible for launching the tasks if they are DUE or overdue to be launched.
2) Create a scheduled process somewhere (preferrably on the same web server) that hits the webscript and forces it to run at a regular interval. (e.g. windows schedule task that quietly launches the heatbeat script using IE or whathaveyou)
The fact that the task code is contained within a web script is purely for the sake of keeping the code within the web application code-base (the assumption is that both are dependent on each other), which would be easier for web developers to manage.
The alternate approach is to create an executable server script / program that does all the schedule work itself and run the executable itself as a scheduled task. This can allow for fundamental decoupling between the web application and the scheduled task. Hence if you need your scheduled tasks to run even in the even that the web app / database might be down or inaccessible, you should go with this approach.
