C-11.4 - Charter of Ville de Montréal, metropolis of Québec

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144.3. Where the funds provided for in the borough budget adopted by the city council are insufficient to provide for the payment of the amount awarded by judgment in a proceeding referred to in the first paragraph of section 130.2, the borough council, immediately after notification of the judgment, shall impose a special tax by resolution on all taxable immovables in the borough, on the basis of their value, to raise the revenues required to pay the amount awarded.
The borough council may also proceed by way of a loan by-law. The repayment of the loan is to be borne by all the owners of immovables in the borough.
2003, c. 28, s. 41; 2005, c. 28, s. 34; I.N. 2016-01-01 (NCCP).
144.3. Where the funds provided for in the borough budget adopted by the city council are insufficient to provide for the payment of the amount awarded by judgment in a proceeding referred to in the first paragraph of section 130.2, the borough council, immediately after service of the judgment, shall impose a special tax by resolution on all taxable immovables in the borough, on the basis of their value, to raise the revenues required to pay the amount awarded.
The borough council may also proceed by way of a loan by-law. The repayment of the loan is to be borne by all the owners of immovables in the borough.
2003, c. 28, s. 41; 2005, c. 28, s. 34.
144.3. Where the funds provided for in the borough budget adopted by the city council are insufficient to provide for the payment of the amount awarded by judgment in a proceeding referred to in the first paragraph of section 130.2, the borough council, immediately after service of the judgment, shall impose a special tax by resolution on all taxable immovables in the borough, on the basis of their value, to raise the revenues required to pay the amount awarded.
The borough council may also proceed by way of a loan by-law requiring only the approval of the Minister of Municipal Affairs, Sports and Recreation. The repayment of the loan is to be borne by all the owners of immovables in the borough.
2003, c. 28, s. 41.