The municipal council unanimously adopted a direction in favor of the adoption of a bylaw by the agglomeration council. The bylaw would authorize a loan of $22,800,000 to finance the restoration of municipal heritage buildings as part of the cultural development agreement of Montreal. It must be approved by the Minister of Municipal Affairs.
The bylaw would allow for the financing of restoration work on municipal heritage buildings. The specific buildings involved are not specified. No publicly available information.
The authorized loan would be $22,800,000. The handling of taxes and repayment terms are not specified. No publicly available information.