www.jamaicaobserver.com/news/html/20080121T200000-0500_ -
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Published on: 1/22/2008
Last Visited: 1/22/2008
Deputy Mayor, Lee Clarke told the Observer that the KSAC wants to earn at least $5 billion from the venture to fix the 2,000 roads and countless drains in the KSA, and by extension the rest of the island.
"We are looking at being able to put to the council at least a minimum of $5 billion yearly because the present costing to fix roads in Kingston and St Andrew is well over $100 billion.So at least in the first five years we would have gone a long way in fixing and repairing roads and drains," Clarke said. "Its (the lottery's) aim and objective is to fix the roads and drains in this city of Kingston and St Andrew and wider Jamaica.The conditions on the roads now are terrible and the whole road network is at least 20 to 30 years old so the surface has become dry, so the least rain we get destroys the surface."
The KSAC has already submitted an application to the Betting Gaming and Lotteries Commission for a licence to operate the city lottery and Clarke said they have also approached Supreme Ventures Limited, the island's sole gaming company, for assistance in running the lottery.
"Our lawyers have had meetings with the Betting Gaming and Lotteries Commission already and we are satisfied that we will be given a licence on the basis that we provide them with some details about the lottery," he said."It is not that we want to operate a lotto pot, but we are going to approach the present company and we have had an informal meeting already.So if they can bring us on board, because they would have already had the complete systems in place, for the benefit of the city, then we would not go ahead and form a new company."
Clarke also pointed out that the KSAC is also engaged in "favourable" dialogue with a financier that will be required to put up at least $1 billion for the venture.He further explained that the venture, which will operate in the same capacity as the current lottery, would not be managed by KSAC, but managed by a company formed by the KSAC and the Local Government.
Furthermore, Clarke said he hopes that the negotiations will be at an advanced stage by year end.A committee has also been set up to oversee the implementation of the venture.
The city lottery is the brainchild of the deputy mayor.He told the Observer that the idea has been in the works for 10 years, but, the plans were put on hold by the Marie Atkins administration.
Clarke explained that he saw the lottery as a possible solution because the money currently allotted to fix the roads and drains is inadequate.
"The only way that our city council can fix these roads is through the contribution of taxes which when examined is still not the amount needed to fix the road," he said, adding that the council currently receives $10 million per month from local government to maintain and fix roads and gullies.
"It is completely inadequate, so for the past three years we have embarked on this programme for a city lotto to fix the roads.This has been done in most of the major cities around the world such as Miami.New York and London," he said.
"The road has become unbearable to the residents of the city.Areas such as Lawrence Tavern, Papine, Irish Town and Bull Bay Divisions have roads that need between $30 million and $50 million to be fixed."
Meantime, Clarke said the KSAC is hoping to share some of the earnings with other parish councils in the rest of the island to fix road and gullies.
"When we draft the rules and regulations maybe 80 per cent could go to Kingston and St Andrew and then two per cent to each of the other parish councils," he suggested.
"We are going at it full speed because no matter how you see the public at ease now, if we don't fix the roads we are going to have a hard time as a government and as a council to satisfy them," he said, adding that he has received positive responses to the venture for residents in the KSA.
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