6. A local municipality may alienate for industrial, para-industrial or research purposes an immovable acquired, built or converted by the local municipality under this Act.
The price for which an immovable is alienated must cover the cost of acquisition of the immovable and the expenses incurred in respect of the immovable for professional services. The cost of acquisition includes incidental expenses, if any, incurred for the financing of expenditures.
However, where at the time of its alienation the immovable constitutes a unit of assessment entered on the property assessment roll of the municipality or part of such a unit whose value is entered on the roll separately, the price of alienation must be equal to or greater than the lesser of the total of the cost and expenses referred to in the second paragraph and the value of the immovable entered on the roll.
The Minister of Municipal Affairs, Regions and Land Occupancy may authorize the alienation of an immovable for a lower price than the price provided for in the second or third paragraph.
The resolution under which an immovable is alienated by a local municipality has effect only if it is accompanied with a certificate from the treasurer or secretary-treasurer, as the case may be, indicating the amount of the costs and expenses which must be covered by the price for which the immovable is alienated.
Where it has acquired an immovable in whole or in part by expropriation, the municipality may, as long as the final expropriation indemnity has not been fixed, apply to the Minister of Municipal Affairs, Regions and Land Occupancy for authorization to alienate the immovable notwithstanding the application of the second, third, fourth and fifth paragraphs. If the Minister grants authorization, those paragraphs do not apply to the alienation.
1984, c. 10, s. 6; 1984, c. 36, s. 44; 1985, c. 27, s. 107; 1988, c. 41, s. 89; 1989, c. 60, s. 5; 1994, c. 16, s. 51; 1994, c. 34, s. 6; 1999, c. 43, s. 13; 2002, c. 37, s. 238; 2003, c. 19, s. 250; 2005, c. 28, s. 196; 2009, c. 26, s. 109.