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C-37.1 - Act respecting the Communauté urbaine de l’Outaouais
Section 193.1
Disposition versions
193.1. The board of directors shall, each year, adopt a program of capital expenditures of the transit authority for the next three fiscal years.
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 transit authority plans to incur or make and for which the financing period exceeds 12 months. The program shall also mention the capital expenditures that the transit authority plans to make beyond the period for which it applies, if those expenditures result from commitments made during that period.
193.1. The board of directors shall, each year, adopt a program of capital expenditures of the Corporation for the next three fiscal years.
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 Corporation plans to incur or make and for which the financing period exceeds 12 months. The program shall also mention the capital expenditures that the Corporation plans to make beyond the period for which it applies, if those expenditures result from commitments made during that period.
193.1. The board of directors shall, each year, adopt by by-law a program of capital expenditures of the Corporation for the next three fiscal years.
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 Corporation plans to incur or make and for which the financing period exceeds twelve months. The program shall also mention the capital expenditures that the Corporation plans to make beyond the period for which it applies, if those expenditures result from commitments made during that period.
