Latest update March 29th, 2024 12:49 AM
May 19, 2017 News
…wants 60% of bridge tolls
Mayor of Linden, Carwyn Holland, yesterday expressed his grave concern at the town’s debt, and is calling for a bailout of $200M or more.
According to Holland, Linden is in debt and $200M would help to develop the region and rid
the debts. A request has been made through a letter to the Ministry of Communities; the mayor is still awaiting a response.
When Holland took office in 2016, he relayed that a young enthusiastic group of councillors was confronted with the gigantic debt of $200M. He explained that the municipality has been working effortlessly to repay the debt. However with the government pushing to have self sufficient local government organs, it is hard to pay the debt and run the town smoothly.
The town is indebted to the National Insurance Scheme (NIS), the Guyana Revenue Authority (GRA), and several other persons. “It is a monkey on our back which we need to get off,” Holland reiterated.
The Mayor added that the city has been bailed out many times. “Lots of rain has been failing in the capital city; in Linden we have some rain falling as well and we need bail out too,” tangible bailout, Holland said. There will be debt for the next “…30, 40 years if we don’t get that bailout,” he added.
Linden needs to revisit and meet with the National Industrial and Commercial Investments Limited (NICIL). Holland said that Linden depends heavily on the money from the Linden/Mackenzie Bridge. However most of the finances are under the control of NICIL Holland explained.
“That is something that needs to be discussed.” The heavy duty trucks that cross the bridge are the same vehicles that are damaging the roads. The revenue is needed to up keep the roads and aid in developing the town, he said.
Holland said that the town is not too comfortable but the municipality is currently in discussion with NICIL. The town has pushed so far as to have councillors on the managing committee but needs to get more on the inside. In terms of the management and the allocation of the resources that comes from the bridge – “We need a larger share,” Holland noted.
The Mayor believes that for years Linden has been paying its dues for that bridge. “It’s about time that that bill is cleared so that it can be back in the hands of the people of Linden.” Holland says that 60 percent from NICIL would be a fair amount for the town.
THIS IDIOT TELLING GUYANA WE HAVE NO SAY IN THE 50% PROFIT SHARING AGREEMENT WE HAVE WITH EXXON.
Mar 29, 2024
By Rawle Toney Kaieteur Sports – After a series of outstanding performances in 2023, Tianna Springer, dubbed the ‘wonder girl’, is eagerly gearing up to compete in this year’s...Kaieteur News – Good Friday in Guyana is not what it used to be. The day has lost much of its solemnity. The one day... more
By Sir Ronald Sanders Kaieteur News – In the face of escalating global environmental challenges, water scarcity and... more
Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: [email protected] / [email protected]