C-27.1 - Municipal Code of Québec

Section 1084 Disposition versions

1996-05-08

1992-06-23

1988-01-01

1986-09-01

1985-06-20

1985-01-01

0001-01-01

1084. When the repayment of a loan must be borne by the owners of immovable property of part only of the municipality, the tax to be levied each year, during the period of the loan, shall be imposed only on the property owners concerned; but it shall be sufficient to pay the interest each year and make up the capital repayable at the maturity of the bonds. In such case, the property owners liable, who are municipal electors, are alone entitled to vote for the approval or disapproval of the by-law, and the by-law is deemed to be approved if it has been so done by the majority in number and in value of the said property owners who are electors and liable, and article 1080 does not apply.

The above provisions apply even when a proportion not exceeding 25 percent of the loan to be repaid is charged to the whole municipality.

1927, c. 74, s. 15; 1928, c. 94, s. 22; 1979, c. 36, s. 53.