PART III SPECIFIC MUNICIPAL POWERS
108.
108 (1) Without limiting sections 9, 10 and 11 and despite section 106, a municipality may provide for the establishment of a counselling service to small businesses operating or proposing to operate in the municipality.  2006, c. 32, Sched. A, s. 50. Small business programs (2) Without limiting sections 9, 10 and 11, a municipality may do the following things in order to encourage the establishment and initial growth of small businesses or any class of them in the municipality: 1.  In accordance with the regulations made under subsection (10), establish and maintain programs for that purpose. 2.  Participate in programs administered by the Crown in right of Ontario.  2006, c. 32, Sched. A, s. 50; 2017, c. 10, Sched. 1, s. 8 (1). Permitted actions (3) Without limiting sections 9, 10 and 11, a municipality may do the following for the purposes of a program referred to in subsection (2): 1.  Acquire land and erect and improve buildings and structures in order to provide leased premises for eligible small businesses or for a corporation described in paragraph 4. 2.  Despite section 106, to make grants to corporations described in paragraph 4. 3.  Lease land to small businesses included in a program. 4.  Enter into leases of land and other agreements related to the program with a corporation without share capital established by the municipality in accordance with section 203 for the purposes of encouraging the establishment and initial growth of small businesses or any class of them in the municipality. 5.  Sell, lease or otherwise dispose of any personal property of the municipality to an eligible small business or to a corporation described in paragraph 4 or provide for the use of such property by the small business or corporation. 6.  Provide for the use of the services of any municipal employee by an eligible small business or by a corporation described in paragraph 4. 7.  Establish a municipal service board under this Act to administer a program or to administer the municipality’s participation in a program referred to in subsection (2). 8.  Appoint one or more of the directors of a corporation described in paragraph 4.  2006, c. 32, Sched. A, s. 50. Grant includes loans (4) The power to make grants under paragraph 2 of subsection (3) includes the power to make loans, to charge interest on the loans and to guarantee loans.  2006, c. 32, Sched. A, s. 50. Same (5) A corporation described in paragraph 4 of subsection (3) that leases any building or structure from the municipality shall use it for the purpose of providing leased premises to small businesses included in a program referred to in subsection (2).  2006, c. 32, Sched. A, s. 50. Availability of assistance (6) Despite section 106, a lease of land, the sale, lease or other disposition of personal property or the use of personal property or personal services under subsection (3) may be made or provided at less than fair market value.  2006, c. 32, Sched. A, s. 50. Limitation (7) Subsection (6) ceases to apply to an eligible small business on the third anniversary of the day it first occupied premises leased to it under this section.  2006, c. 32, Sched. A, s. 50. Municipal service board (8) The power of a municipality to raise money by the issue of debentures or otherwise for the acquisition of land or construction of buildings shall not be delegated to the municipal service board described in paragraph 7 of subsection (3), despite section 23.1.  2006, c. 32, Sched. A, s. 50. Interpretation (9) A business is an eligible small business if it is included in a program referred to in subsection (2) and it is in occupation of premises leased to it under this section.  2006, c. 32, Sched. A, s. 50. Regulations (10) The Minister may make regulations prescribing conditions that must be met before a municipality establishes a program under paragraph 1 of subsection (2). 2017, c. 10, Sched. 1, s. 8 (2). Section Amendments with date in force (d/m/y) 2006, c. 21, Sched. F, s. 120 (1) - no effect - see 2006, c. 32, Sched. A, s. 50 - 01/01/2007; 2006, c. 32, Sched. A, s. 50 - 01/01/2007 2017, c. 10, Sched. 1, s. 8 (1, 2) - 01/01/2018 109 Repealed:  2006, c. 32, Sched. A, s. 50. Section Amendments with date in force (d/m/y) 2006, c. 32, Sched. A, s. 50 - 01/01/2007