Skip to main content
The Community Revitalization Tax Increment Financing Act

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