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C-19 - Cities and Towns Act

Section 474.1
Disposition versions

Full text
474.1. (Repealed).
1980, c. 16, s. 81; 1996, c. 2, s. 210; 1997, c. 93, s. 60; 1998, c. 31, s. 23; 2001, c. 25, s. 31; 2017, c. 13, s. 59.
474.1. At least four weeks before the budget is tabled before the council for adoption, the mayor, at a sitting of the council, shall make a report of the financial position of the municipality.
The mayor deals with the latest financial statements, the external auditor’s latest report, the chief auditor’s latest report, where applicable, and the latest three-year program of capital expenditures, the preliminary information regarding the financial statements for the period preceding that for which the next budget will be made, and the general orientation of the next budget and the next three-year program of capital expenditures.
The mayor shall also table a list of all contracts involving an expenditure exceeding $25,000 entered into by the municipality since the last sitting of the council at which the mayor made a report on the financial position of the municipality in accordance with the first paragraph.
The mayor shall also table a list of all contracts involving an expenditure exceeding $2,000 entered into within that period with the same contracting party, if those contracts involve a total expenditure exceeding $25,000.
The list shall indicate, for each contract, the name of each contracting party, the amount of the consideration and the object of the contract.
The text of the mayor’s report must be distributed free of charge to every civic address in the territory of the municipality. In addition to or in lieu of this distribution, the council may order that the text be published in a newspaper circulated in the territory of the municipality.
1980, c. 16, s. 81; 1996, c. 2, s. 210; 1997, c. 93, s. 60; 1998, c. 31, s. 23; 2001, c. 25, s. 31.
474.1. At least four weeks before the budget is tabled before the council for adoption, the mayor, at a sitting of the council, shall make a report of the financial position of the municipality.
The mayor deals with the latest financial statements, the latest auditor’s report and the latest three-year programme of capital expenditures, the preliminary information regarding the financial statements for the period preceding that for which the next budget will be made, and the general orientation of the next budget and the next three-year programme of capital expenditures.
The mayor shall also table a list of all contracts involving an expenditure exceeding $25,000 entered into by the municipality since the last sitting of the council at which the mayor made a report on the financial position of the municipality in accordance with the first paragraph.
The mayor shall also table a list of all contracts involving an expenditure exceeding $2,000 entered into within that period with the same contracting party, if those contracts involve a total expenditure exceeding $25,000.
The list shall indicate, for each contract, the name of each contracting party, the amount of the consideration and the object of the contract.
The text of the mayor’s report must be distributed free of charge to every civic address in the territory of the municipality. In addition to or in lieu of this distribution, the council may order that the text be published in a newspaper circulated in the territory of the municipality.
1980, c. 16, s. 81; 1996, c. 2, s. 210; 1997, c. 93, s. 60; 1998, c. 31, s. 23; 2001, c. 25, s. 31.
474.1. At least four weeks before the budget is tabled before the council for adoption, the mayor, at a sitting of the council, shall make a report of the financial position of the municipality.
The mayor deals with the latest financial statements, the latest auditor’s report and the latest three-year programme of capital expenditures, the preliminary information regarding the financial statements for the period preceding that for which the next budget will be made, and the general orientation of the next budget and the next three-year programme of capital expenditures.
In the case of a municipality having fewer than 50,000 inhabitants, the mayor shall also table a list of all contracts involving an expenditure exceeding $10,000 entered into by the municipality since the last sitting of the council at which the mayor made a report of the financial position of the municipality in accordance with the first paragraph. In the case of a municipality having 50,000 inhabitants or more, that obligation applies to contracts involving an expenditure exceeding $20,000.
The mayor shall also table a list of all contracts involving an expenditure exceeding $2,000 entered into within that period with the same contracting party, if those contracts involve a total expenditure exceeding the applicable amount under the third paragraph.
The list shall indicate, for each contract, the name of each contracting party, the amount of the consideration and the object of the contract.
The text of the mayor’s report must be distributed free of charge to every civic address in the territory of the municipality. In addition to or in lieu of this distribution, the council may order that the text be published in a newspaper circulated in the territory of the municipality.
1980, c. 16, s. 81; 1996, c. 2, s. 210; 1997, c. 93, s. 60; 1998, c. 31, s. 23.
474.1. At least four weeks before the budget is tabled before the council for adoption, the mayor, at a sitting of the council, shall make a report of the financial position of the municipality.
The mayor deals with the latest financial statements, the latest auditor’s report and the latest three-year programme of capital expenditures, the preliminary information regarding the financial statements for the period preceding that for which the next budget will be made, and the general orientation of the next budget and the next three-year programme of capital expenditures.
In the case of a municipality having fewer than 50,000 inhabitants, the mayor shall also table a list of all contracts involving an expenditure exceeding $5,000 entered into by the municipality since the last sitting of the council at which the mayor made a report of the financial position of the municipality in accordance with the first paragraph. In the case of a municipality having 50,000 inhabitants or more, that obligation applies to contracts involving an expenditure exceeding $10,000.
The mayor shall also table a list of all contracts involving an expenditure exceeding $1,000 entered into within that period with the same contracting party, if those contracts involve a total expenditure exceeding the applicable amount under the third paragraph.
The list shall indicate, for each contract, the date it was entered into, the name of each contracting party, the amount of the consideration and the object of the contract.
The text of the mayor’s report must be distributed free of charge to every civic address in the territory of the municipality. In addition to or in lieu of this distribution, the council may order that the text be published in a newspaper circulated in the territory of the municipality.
1980, c. 16, s. 81; 1996, c. 2, s. 210; 1997, c. 93, s. 60.
474.1. At least four weeks before the budget is tabled before the council for adoption, the mayor, at a sitting of the council, shall make a report of the financial position of the municipality.
The mayor deals with the latest financial statements, the latest auditor’s report and the latest three-year programme of capital expenditures, the preliminary information regarding the financial statements for the period preceding that for which the next budget will be made, and the general orientation of the next budget and the next three-year programme of capital expenditures.
The text of the mayor’s report must be distributed free of charge to every civic address in the territory of the municipality. In addition to or in lieu of this distribution, the council may order that the text be published in a newspaper circulated in the territory of the municipality.
1980, c. 16, s. 81; 1996, c. 2, s. 210.
474.1. At least four weeks before the budget is tabled before the council for adoption, the mayor, at a sitting of the council, shall make a report of the financial position of the municipality.
The mayor deals with the latest financial statements, the latest auditor’s report and the latest three-year programme of capital expenditures, the preliminary information regarding the financial statements for the period preceding that for which the next budget will be made, and the general orientation of the next budget and the next three-year programme of capital expenditures.
The text of the mayor’s report must be distributed free of charge to every civic address in the municipality. In addition to or in lieu of this distribution, the council may order that the text be published in a newspaper circulated in the municipality.
1980, c. 16, s. 81.
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