Extension of leasehold and subsidy

Summary#

The municipal council has approved the modification of the leasehold with the Housing Cooperative of Sainte-Cécile to extend it by six years starting from December 21, 2050, for the property located at 7342-7360 Gaspé Avenue. The annual rent will be $4,800, which represents a total subsidy of at least $519,000 for the extension period; the decision was adopted unanimously.