Spectator on facebook

Spectator on facebook

FOCUS SHORT

Towns seek investment fee

SLOVAK towns are pursuing the introduction of a so-called investment fee for developers. Under this scheme developers would pay a fee, equalling a portion of the whole planned investment, to the respective municipality, which will in turn use it for building roads and sidewalks, maintenance and the arranging of land around new developments. The Union of Towns of Slovakia (ÚMS) originally proposed the idea during the term of the previous government of Iveta Radičová, and now wants to submit the proposal to the Robert Fico government.

SLOVAK towns are pursuing the introduction of a so-called investment fee for developers. Under this scheme developers would pay a fee, equalling a portion of the whole planned investment, to the respective municipality, which will in turn use it for building roads and sidewalks, maintenance and the arranging of land around new developments. The Union of Towns of Slovakia (ÚMS) originally proposed the idea during the term of the previous government of Iveta Radičová, and now wants to submit the proposal to the Robert Fico government.

“This is a fee for the investment of the development of the city,” Milan Ftáčnik, mayor of Bratislava Mayor and vice-president of the ÚMS said after a session of the ÚMS presidium on January 25.

ÚMS representatives want to discuss with the government a model that already exists and works abroad.
“We will submit this proposal,” said Ftáčnik, adding that the municipalities also view this model as a way to increase municipal income.

Topic: Industry


Top stories

Hold onto your hats - heavy storms in Slovakia continue

Summer storms cause property damage, destroy gardens and possibly the harvest

Liberation of Mosul and the fight against ISIS

The United States, Slovakia, and the entire Global Coalition will continue to support our regional partners until ISIS has been defeated and the suffering ends.

Iraqi civilians flee their homes during fighting between Iraqi security forces and Islamic State militants, on the western side of Mosul, Iraq, in March 2017.

Lúčnica leader Štefan Nosáľ dies

Štefan Nosáľ, long-time choreographer and artistic director of the Lúčnica folklore ensemble, died at the age of 90.

Štefan Nosáľ and Lúčnica

Emergency declared in Prešov after Sunday storm Video

A powerful storm swept through the city on July 23.

Strong storm hit prešov on July 23.