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Smith Cove funds approved

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Pen has not reached paper yet, but Government again has taken a step toward purchasing the prized land next to Smith Cove.
Last night (Monday October 24) legislators unanimously agreed to withdraw $5 million from the Environmental Protection Fund to buy the land. Premier Hon. Alden McLaughlin tabled the motion for the withdrawal from the fund even though the deal is still to be signed with developer Bronte.
“This amount, we believe, will allow the Government comfortably make whatever improvements are necessary to allow the property to be utilised and enjoyed by all who live and visit these islands,” Mr McLaughlin said.

Under the law a motion must to be tabled and supported by the House authorising Finance Minister Hon Marco Archer to withdraw from the fund. If any of the five million dollars remains after all fees are paid Premier McLaughlin says it will be used to improve the site.

Earlier this month a public petition was started after news broke that the land next to Smith Cove was going to be developed, putting access to the public beach at risk.
Government stepped in and engaged Bronte to purchase the land, which had been earmarked for a three storey, 24 unit condo complex.

About the author

Reshma Ragoonath

Reshma Ragoonath

Reshma Ragoonath is a Trinidadian journalist with 18 years media experience with a strong background in print with her most recent stint at The Cayman Reporter. She has a BA in Mass Communications, as well as, an Associate degree in Journalism and Public Relations.

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