SCTL and TRIDA to share 3 Smart City project spoils
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The Smart City Thiruvananthapuram Limited (SCTL) and the Thiruvananthapuram Development Authority (TRIDA) have decided to share the income that is generated from three major projects that are being implemented under the city Corporation’s Smart City project.
This includes the rehabilitation block of the Connemara Market in Palayam, multi-level car parking complex behind Saphalyam complex and the warehousing complex at Attakulangara, all of which are being developed on land owned by TRIDA.
The State government earlier this week accorded the approval for the revenue sharing model proposed by the SCTL and TRIDA. The revenue generated through lease rent of shops, parking charges and through other sources will be shared by both parties, after meeting all expenses for operation and maintenance.
Road ahead for LDF in Thiruvananthapuram Corporation
However, the new council will enjoy the advantage of having a clear majority, unlike the last term when it had to rule without a clear majority.
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Party workers celebrate the victory of the LDF in the local body elections in Thiruvananthapuram. (Photo | EPS/Vincent Pulickal)
Express News Service
THIRUVANANTHAPURAM: The new LDF council will assume power at Thiruvananthapuram Corporation council on Monday. According to sources, the independent candidate who won at Poonthura division has extended his support to the LDF. But, it is not going to be an easy task for the Front to bring a council dominated by freshers and youngsters to full action