C-19 - Cities and Towns Act

Full text
542.3. (Replaced).
1983, c. 57, s. 57; 1985, c. 27, s. 32; 1996, c. 2, s. 196; 1996, c. 77, s. 17.
542.3. The council may, pursuant to a revitalization program, pass a by-law authorizing the municipality to grant a real estate tax credit, on the conditions and in the sectors of the territory of the municipality it determines, to compensate for any increase in real estate taxes that may result from the reassessment of the immovable after completion of the work.
1983, c. 57, s. 57; 1985, c. 27, s. 32; 1996, c. 2, s. 196.
542.3. The council may, pursuant to a revitalization program, pass a by-law authorizing the municipality to grant a real estate tax credit, on the conditions and in the sectors of the municipality it determines, to compensate for any increase in real estate taxes that may result from the reassessment of the immovable after completion of the work.
1983, c. 57, s. 57; 1985, c. 27, s. 32.
542.3. Where a special planning program for that part of the territory of a municipality designated as the “centre” of the city or town and planning by-laws consistent with the program are in force in a municipality, the council of the municipality may, by by-law, on the conditions it determines and in that part of the territory, order that the municipality grant subsidies for the following purposes:
(1)  the renovation, restoration and enlargement of buildings and the construction and reconstruction of residential buildings and the conversion of buildings into residential buildings;
(2)  landscaping; and
(3)  alterations in the connection of electric power lines and accessories on burying electric cables or moving them off a street.
The maximum amount of a subsidy may, in no case, exceed the actual cost of the works.
1983, c. 57, s. 57.