AMA Reviews Property Rates

THE ACCRA Metropolitan Assembly (AMA) has decided to introduce new rates for property owners in certain parts of the sub-metro.

This came to light when the assembly's 2006 property rate valuation record list was being submitted by the Land Valuation Board (LVB) in Accra.

According to the assembly, it would, within 28 days, display the list of various divisions at the 13 sub-metros for public viewing to enable them come out with their comments about the new rates.

It explained, “After the 28 days, if there are no comments, then it would definitely become a legal document which would be used by the assembly to levy the property owners.”

The Executive Director of Rating Valuation Division, Mr Alex Sarfo, noted that the list, which covers five divisions out of a total of 23, forms the first of four batches to be presented to the assembly. This, he said, included the second, third and fourth sets.

He stated, this first batch covered properties with total ratable value of over ¢7 billion, and appealed to AMA to publish the list in accordance with the law, to enable property owners raise their concerns, which would be directed to the committee.

He further entreated the assembly to collaborate with his outfit to set in place a proper system of updating the list and effecting any changes.

The Chief Executive of AMA, Mr Stanley Adjiri Blankson, on behalf of the assembly, expressed appreciation to LVB for the good work done.