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|Crown land sales questioned, The Bahama Journal|
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|Page 1 of 1||Total of 4 messages|
|Posted by:||Mar 12th 2007, 07:17:26 pm|
|greenebud||Maybe the article only addresses the land that was actually sold, and not the land that was given away?|
|Posted by:||Mar 12th 2007, 06:48:07 pm|
|speech||its sounds like nonsense i wanna get to the bottom of this.|
|Posted by:||Mar 12th 2007, 05:07:57 pm|
|Kimberly||$7 million for 1,500 land grants averages out to $47,000 per grant, though ... that sum sounds a bit low, given all of the development underway both expat and local, don't you think?|
|Posted by:||Mar 9th 2007, 10:53:45 pm|
|speech||$7 Mil In Crown Land Purchases Since Ď92
By Macushla N. Pinder
Over the past 14 years, the government has issued close to 1,500 grants for crown land throughout The Bahamas with a total purchase price of nearly $7 million.
Based on a document tabled in the House of Assembly Wednesday, the bulk of the grants were issued on Abaco and Andros with a total of 284 and 340 respectively.
On New Providence, 82 grants for crown land were issued at a total purchase price of $1.4 million.
On Exuma, the number of grants stood at 54. Some 202 pieces of crown land were granted on Eleuthera.
On Bimini, 29 grants were made. In Grand Bahama there were 128 grants at a total purchase price of $129,452; two grants were made on Ragged Island, and 30 grants were made on Cat Island at a cost of $82,360.
According to the document, 54 grants were issued on Long Island for $84,345.29; 167 on Mayaguana for a total of $64,950.38 and 46 on Inagua for $91,363.28.
Over $115,000 was collected from the 56 grants for crown land issued on Acklins/Long Cay.
On Crooked Island, there were 21 grants issued for nearly $50,000.
The government issued one grant each on San Salvador and Rum Cay between 1992 and 2006.
Crown land reportedly accounts for approximately 70 percent of all land in the country with the remainder being private property.
Of the 3.45 million acres of crown land on the major islands, the government allocates a little more than 32 percent of it.
Crown land can either be sold outright or leased.
Crown leases include agricultural leases normally granted for five to 21 years at fixed rent with the option to renew.
There are also residential, which are either a fixed term lease with the option to renew or three to 10 year conditional purchase lease, primarily for housing allotments.
Commercial and industrial leases vary with magnitude and scope from 10 to 21 years at fixed rent with the option to renew.
The price paid for the land depends on the plans for the property.
Prime Minister Perry Christie, who is also responsible for land, tabled the document, a week after Bamboo Town MP Tennyson Wells last asked about the grant of crown land in the country.
Mr. Wells has reportedly submitted a proposal to the prime minister and the Department of Lands and Surveys for a development on Long Island similar to that taking place in Mayaguana led by Boston based I-Group.
The I-Groupís $1.8 billion project is a joint venture with the Hotel Corporation of The Bahamas.
According to Mr. Wells, the plan is to acquire between 2,000 and 3,000 acres of crown land for a phased development on Long Island.
"We would put some 25 villas, a 200-room hotel, a marina, a nine-hole golf course and sufficient farm land for citrus and vegetables," the Independent MP explained.
Mr. Wells told the Bahama Journal that a few of his family members are involved in the plan along with a few residents of Acklins as well as other interested Bahamians.
According to a document released by the Inter-American Development Bank (IDB), a clearly defined crown land policy is essential in order to improve land tenure security and ensure the effective and sustainable use of land resources.
Over the years and in recent times, there have been conflicts in which certain individuals have alleged impropriety in the governmentís grant of crown lands for certain development projects
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