St. Maarten minister Duncan signed Letter of Intent, right of long lease for Justice Park
SATURDAY, 17 NOVEMBER 2012
~ Property plans for Justice Park ~
PHILIPSBURG--Minister of Justice Roland Duncan has signed a Letter of Intent (LOI) with representatives of families who own the property on which the Justice Park is planned to be constructed.
The LOI states the intent of a right of long lease of 11,000 square metres whereby the government will lease the property for a certain period at 10 per cent of the park's value per year until the property eventually is owned by the government. "This is so that the land can be available for government use," Duncan told The Daily Herald.
The Ministry of Justice plans to finance the cost of the Park's construction by implementing a NAf. 1,500 annual fee for residence permits, which was calculated to be enough to cover the Park's cost.
The Justice Park was a plan unveiled by the Ministry of Justice to construct a centralised area for Justice Ministry departments, including a Justice Administration complex, a House of Detention, a Youth Detention and Correctional Centre, a Courthouse, a housing facility and a Community Police area for Cay Hill and Belair.
Duncan plans on meeting with the Central Committee of Parliament in the coming weeks to answer questions posed by parliamentarians about the Park and to give more details on the US $100 million plan.