JIS News

The Kingston and St. Andrew Corporation (KSAC) is considering an offer from the Ministry of Local Government, Community Development and Sport for the purchase of the Mayor’s official residence on Argyle Road for $22.5 million.
Details of the sale are to be finalised, pending recommendations from the finance sub-committee of the KSAC, said Mayor of Kingston, Councillor Desmond McKenzie.
The Mayor, who was addressing journalists at the monthly press conference held yesterday (August 9) at the KSAC’s offices downtown, said the sale price was arrived at after a valuation was done on the property.
Mr. McKenzie pointed out while the Ministry would have first preference as a buyer, a recommendation made by the KSAC’s finance sub-committee to go before the next meeting in September, “is that the Council accept the offer from the Ministry but. that the transaction must be completed by the end of the financial year 2006.”
He asserted that, “if the Ministry fails within that time to take up the offer, then we would have no choice but to look elsewhere.”
Turning to the matter of the cleaning of drains and gullies, the Mayor told journalists that the KSAC has received commitment from public and private sector entities to provide assistance to clean blocked channels in selected areas across the corporate area.
The organisations include Wray and Nephew Limited, Grace Kennedy, Petrojam, and NEM Insurance Company, while National Commercial Bank (NCB) will be providing technical assistance.
NCB has also committed $4 million to aid the KSAC in its disaster preparedness efforts. The Mayor told journalists that the bank’s Chairman, Michael Lee Chin, has also promised to assist in the restoration of the Kingston Parish Church clock downtown. The restoration project will be undertaken in collaboration with the Bureau of Standards Jamaica.

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