I-0.1 - Act respecting municipal industrial immovables

Section 13.4 Disposition versions

1999-10-22

13.4. The agreement must set out, in addition to the information required under sections 468.3 and 468.10 of the Cities and Towns Act (chapter C-19) or articles 572 and 579 of the Municipal Code of Québec (chapter C-27.1),

(1)  rules governing the apportionment of revenues deriving from the alienation, operation or leasing of any immovable in excess of the revenues to be used to discharge the commitments under this Act;

(2)  rules governing the apportionment of monies received from property tax imposed by a municipality party to the agreement on the immovables alienated, operated or leased under this Act and from other taxes, compensations and tariffs imposed by any such municipality on persons who are the owners, lessees or occupants of such immovables;

(3)  the maximum amount of expenses to be borne by each municipality party to the agreement for the purposes of the objects referred to in the first paragraph of section 13.1 and to be financed otherwise than by a loan by-law.

The agreement may provide that the rules made under subparagraph 2 of the first paragraph apply for a period that exceeds the term of the agreement. In such case, the rules continue to apply, notwithstanding the termination of the agreement, until the expiry of that period; sections 468.53 and 469 of the Cities and Towns Act and articles 622 and 623 of the Municipal Code of Québec shall apply, with the necessary modifications, where there is disagreement as to the application of those rules.

Any expense exceeding the maximum amount referred to in subparagraph 3 of the first paragraph shall be financed by a loan by-law.

1996, c. 27, s. 149; 1999, c. 40, s. 146.

1996-06-20

13.4. The agreement must set out, in addition to the information required under sections 468.3 and 468.10 of the Cities and Towns Act (chapter C-19) or articles 572 and 579 of the Municipal Code of Québec (chapter C-27.1),

(1)  rules governing the apportionment of revenues deriving from the alienation, operation or leasing of any immovable in excess of the revenues to be used to discharge the commitments under this Act;

(2)  rules governing the apportionment of monies received from real estate tax imposed by a municipality party to the agreement on the immovables alienated, operated or leased under this Act and from other taxes, compensations and tariffs imposed by any such municipality on persons who are the owners, lessees or occupants of such immovables;

(3)  the maximum amount of expenses to be borne by each municipality party to the agreement for the purposes of the objects referred to in the first paragraph of section 13.1 and to be financed otherwise than by a loan by-law.

The agreement may provide that the rules made under subparagraph 2 of the first paragraph apply for a period that exceeds the term of the agreement. In such case, the rules continue to apply, notwithstanding the termination of the agreement, until the expiry of that period; sections 468.53 and 469 of the Cities and Towns Act and articles 622 and 623 of the Municipal Code of Québec shall apply, with the necessary modifications, where there is disagreement as to the application of those rules.

Any expense exceeding the maximum amount referred to in subparagraph 3 of the first paragraph shall be financed by a loan by-law.

1996, c. 27, s. 149.