223. The Community shall, for the next three fiscal years, adopt a program of capital expenditures, of capital expenditures intended for the extension of the subway network in its territory and of capital expenditures relating to the tunnel, tracks, platforms and subway network equipment outside its territory. The program shall be adopted by a by-law of which it is a part.
The program shall be divided into annual phases. It shall describe, in respect of the period coincident therewith, the object, the amount and the mode of financing of the capital expenditures or expenses that the Community plans to make or to incur and for which the financing period exceeds 12 months. The program shall also mention the capital expenditures that the Community plans to make beyond the period contemplated therein, if those expenditures result from commitments made during that period.
Every by-law adopted under this section shall be transmitted to the Minister of Municipal Affairs and the Minister of Transport not later than 31 October preceding the beginning of the first fiscal year contemplated in the program. Where the program includes capital expenditures relating to the subway network, the provisions pertaining thereto shall be transmitted to the Conseil métropolitain de transport en commun. Upon sufficient proof that the Community has been actually unable to adopt the program or to transmit it within the prescribed time, the Minister of Municipal Affairs may grant the Community any additional period he may fix.
The Minister of Municipal Affairs may order that the program be transmitted by means of the form furnished by him for that purpose. He may also require, through such form or in any other manner, that the Community provide him with any information relating to such program even in the case where such information is not provided for in this section.
Every loan by-law of the Community relating to expenditures for public transport purposes that is transmitted to the Minister of Municipal Affairs shall, in order to be approved, be accompanied with a writing of the Minister of Transport authorizing such expenditures and a writing of the Conseil métropolitain de transport en commun certifying that the program is in conformity with its decisions relating to the extension of the subway network.
To the extent that they are consistent with this section, the provisions applicable to the procedure prior to the adoption of the budget of the Community also apply, adapted as required, to the procedure prior to the adoption of the program of capital expenditures.
1977, c. 80, s. 9; 1982, c. 18, s. 92; 1985, c. 31, s. 21; 1988, c. 76, s. 8; 1994, c. 17, s. 34; 1990, c. 41, s. 86.