And that kind of public/private partnership is the same model which is getting 8 streets paved in the Bella Vista residential community. The Mayor explained today:...
Darrell Bradley - Belize City Mayor
"All of the streets to the north side of the Bella Vista area will be asphalted and the work is about 25% completed. People in the Bella Vista area were saying that they had a high property tax bill. I attended a meeting that was organized by the residents - about 45 residents attended. It was very positive in relation to how we were going to structure it. We did a quotation from a resident who also in involve in the construction industry and street improvements. He provided a very generous quotation to us. He said he was going to do it as cost. He gave us payment terms and what the residents did was that they advanced pay their property taxes. So residents suffered no loss. It's just that you were paying the same property taxes that you would have paid, but you are paying 3 years in advance and the city council would use that 3 years more than likely for the mobilization and they we would pay off the balance over time and the reason that I mentioned it is because we want to encourage more people in the community really to engage with the city council so that we could knock off as much streets as possible."
That project is being completed for 180 thousand dollars.
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