C-64.01 - Act to promote housing construction

Full text
15. (End of effect: 1 September 1986).
1982, c. 42, s. 15, s. 19; 1984, c. 38, s. 137.
15. The municipality may alienate for housing purposes an immovable included in its real estate reserve. The alienation shall be effected for valuable consideration, subject to the second and third paragraphs. Where the alienation is not effected by auction or by public tenders, the secretary-treasurer or the clerk shall publish each month, as the case may be, a public notice mentioning all the immovables otherwise alienated by the municipality, the person to whom they were alienated and the price of alienation, and he shall send a copy of the notice to the Minister of Municipal Affairs.
The alienation may be made gratuitously or for a smaller amount than the actual value of the immovable or its cost of acquisition if it is made in favour of the Government, one of its departments, bodies or agencies, a school corporation, a housing cooperative or a non-profit organization established for housing purposes.
The alienation may also be made for a smaller amount than the actual value of the immovable or its cost of acquisition if it is made by public auction or public tenders.
1982, c. 42, s. 15; 1984, c. 38, s. 137.
15. A municipality may, with the approval of the Commission municipale du Québec, alienate, for residential purposes, an immoveable included in its real estate reserve.
The alienation may be made gratuitously or for a smaller amount than the actual value of the immoveable or its cost of acquisition if it is made in favour of the Government, one of its departments, bodies or agencies, a school corporation, a housing cooperative or a non-profit organization established for housing purposes.
The alienation may also be made for a smaller amount than the actual value of the immoveable or its cost of acquisition if it is made by public auction or public tenders.
1982, c. 42, s. 15.