19. The Société shall pay the municipal and school taxes on the immoveable property it owns.
However, when the Société supplies municipal services at its own expense or erects infrastructures that fall under municipal jurisdiction, it may make an agreement with the city or any school board in whose territory its immoveables are situated, to have the expenditures it must incur to supply such services or erect such infrastructures reduced by the amount of the taxes it would normally have to pay.
Such an agreement, to be valid, must be submitted to the Québec Minister and approved by the Minister of Municipal Affairs or the Minister of Education, as the case may be.
If the Société and the city or a school board cannot agree on the terms of such an agreement, the Minister of Municipal Affairs or the Minister of Education, as the case may be, upon application by the Société but after having heard the city, or the school board concerned, as the case may be, may decide any matter which could have been covered by such an agreement, and the decision of the Minister shall be binding for such time as it indicates.
Any such agreement and any such decision of the Minister concerned shall be published in the Gazette officielle du Québec.