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Govt: ‘21 years less one day’ leases are common

Leases such as that given to anti-gang organisation CARTEL, are quite common, according to the Government Estates Ministry.A Government spokesperson could not immediately provide the number of so called ‘21 years less a day’ leases but promised to compile the information and report back to the public.“Leases for periods of 21 years less a day or long leases are quite prevalent. For example all of the Foreshore agreements are 21 year less one day. This would also include (but not limited to) churches for graveyards and private businesses,” the spokesperson said.The spokesperson did not respond when asked what was the rationale for such leases.Only leases 21 years or over have to be approved by Cabinet and parliament, although Premier Paula Cox has ushered in a new policy requiring all leases to be reviewed by Cabinet and the Attorney General.“All leases with the Bermuda Government are private contracts/agreements between the parties and such information cannot be divulged due to confidentiality,” the spokesperson said.The spokesperson also failed to respond when asked how leases of public land can be considered private contracts or why the public should not be made aware of, at the very least, who is leasing what as Bermuda prepares to implement public access to information laws.And Government does not know how much the taxpayer is saving in maintenance costs by leasing out White’s Island.“That amount cannot easily quantified, however CARTEL is now responsible for the maintenance of the property, and hence the taxpayer is not burdened by this expense,” the spokesperson said.Asked for an update on Government’s plans to create “fiscal space” by divesting some assets, especially loss leaders like the sub post offices, the spokesperson said that the programme known as the Bermuda Government Property Asset Management Plan, continues.“This plan involves the continuous assessment of the Government’s Estate for the best possible solution for its future use.“This programme is not limited to divesting of assets by sale alone. The Ministry also receives and considers proposals for Public Private Partnerships for the development of these assets. The Ministry is not in a position to comment on any specific property.”