C.C.S.M. c. C166
The Community Revitalization Tax Increment Financing Act
| INTRODUCTORY PROVISIONS | |
| 1 | Definitions |
| 2 | Definitions in Municipal Assessment Act and City of Winnipeg Charter apply |
| 3 | Application of other Acts |
| DESIGNATING COMMUNITY REVITALIZATION PROPERTIES | |
| 4(1) | Designation |
| (2) | Designation of properties in close proximity |
| (3) | Consultations |
| 5(1) | Designation period |
| (2) | Renewal |
| (3) | Revocation |
| 6 | Municipality and school board to be notified |
| ASSESSMENT | |
| 7 | Amending the assessment roll |
| 8(1) | Determining pre-designation assessed value |
| (2) | Changes to pre-designation assessed value |
| (3) | Change to pre-designation assessed value for general assessment |
| 9(1) | Determining incremental assessed value |
| (2) | Incremental assessed value of property in close proximity |
| 10 | Exemption re school taxes |
| COMMUNITY REVITALIZATION LEVY | |
| 11(1) | Community revitalization levy |
| (2) | Levy in lieu of school taxes otherwise payable |
| (3) | Levy rate |
| (4) | Levy collection and priority |
| 12(1) | Liability to pay levy |
| (2) | Joint liability |
| 13 | Levy amount remitted to the province |
| 14 | Municipality's calculation of school taxes |
| COMMUNITY REVITALIZATION FUND | |
| 15(1) | Fund established |
| (2) | Purpose of fund |
| (3) | Control and supervision of fund |
| (4) | Credits to fund |
| (5) | Investment of excess money |
| (6) | Payments from fund |
| (7) | Use of grants |
| (8) | Audit |
| (9) | Reporting |
| REGULATIONS | |
| 16(1) | Regulations |
| (2) | Retroactive effect |
| CONSEQUENTIAL AMENDMENTS | |
| 17 to 19 | |
| C.C.S.M. REFERENCE AND COMING INTO FORCE | |
| 20 | C.C.S.M. reference |
| 21 | Coming into force |
