Tuesday, March 3, 2020

Sample LCMC Terms of Reference

Case Examples of Government Land Ownership and Standard Rent & Taxes

This framework outlines the role of Local Council Mega-Corporations (LCMCs) within a system where the government owns all land, eliminating the role of traditional landlords. This shift supports the implementation of eminent domain and a new system of standardized rent and taxes.

Residential Remit

Housing Office and Showrooms: The housing office remains a central hub for residents to access housing services. Showrooms now display various government-owned housing options, categorized by size, location, and amenities. Residents consult with housing officers to understand eligibility criteria, express housing preferences, and initiate the application process.

Comprehensive Housing Services: The housing office continues to provide comprehensive services, including maintenance, dispute resolution, and information on tenant rights. However, all maintenance requests are now directed to the LCMC, which manages a network of qualified service providers.

Standard Rent and Taxes Framework: Info-sessions now focus on explaining the standardized rent framework based on factors like housing type, size, and location. Residents learn how their rent contributes to the LCMC's operational costs and community development initiatives. Tax information sessions clarify the calculation of property taxes and other levies, emphasizing the benefits of this streamlined system.

Tax Administration and Collection: The LCMC becomes the sole collector of all applicable taxes, including those previously collected by state and federal governments. This consolidated approach simplifies tax administration and ensures efficient revenue distribution. Wage embargoes remain in place to guarantee consistent tax collection.


Commercial Remit

Business Plans and Liaison: Businesses now negotiate their business plans and term leases directly with the LCMC. These plans outline projected economic activity, employment creation, and alignment with local development goals. LCMC personnel provide guidance and support throughout the negotiation process, ensuring businesses understand the requirements and benefits of the new system.

Info-Sessions and Education Programs: Info-sessions and education programs focus on explaining the government's role as the sole landowner, the standardized rent and tax framework, and the benefits of long-term planning through business plan development.

Negotiation of Commercial Tenure: LCMCs negotiate commercial leases based on factors such as industry type, land usage, and projected economic impact. This process ensures optimal land allocation and promotes sustainable economic development.

Business-to-Government Relationship Management: The LCMC becomes the central point of contact for all business-related interactions with the government. This streamlined approach simplifies communication and fosters a collaborative environment.

Rent and Tax Administration: The LCMC administers and collects all commercial rents and taxes, ensuring a consistent and transparent system. This includes collecting taxes on behalf of other levels of government, further streamlining the process for businesses.


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