35. The central municipality’s exclusive jurisdiction over an industrial park also includes, depending on whether or not the park is in the central municipality’s territory, the obligation to use or to obtain a sum determined under the second and third paragraphs to finance expenditures related to the exercise of an urban agglomeration power.
The sum is the balance of the revenue derived from the presence of the industrial park for a fiscal year, except revenue from a tax or other method of financing imposed by the urban agglomeration council, once the following have been excluded:
(1) that which must by law be used, for the fiscal year, to discharge commitments made for the park; and
(2) that which is taken into consideration in establishing the aggregate taxation rate of a municipality.
However, the revenue derived from the alienation or leasing of an immovable that belonged to the city to whose territory the urban agglomeration corresponds immediately before the reorganization of that city is not included in the revenue referred to in the second paragraph. Subject to compliance with any requirement under law to use the revenue to discharge commitments made with respect to the park, the revenue is governed by the provisions of the urban agglomeration order, enacted under section 145 or 146, prescribing rules for revenue derived from the alienation or leasing by the central municipality of immovables not transferred to a reconstituted municipality at the time of the reorganization.
2004, c. 29, s. 35; 2006, c. 31, s. 55.