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Vellakovil City Development Plan - Municipal

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<strong>City</strong> <strong>Development</strong> <strong>Plan</strong> for Vellakoil <strong>Municipal</strong>ity SMEC India Pvt Ltd<br />

Final Report TNUDP III<br />

6.3.1.3 Action <strong>Plan</strong>: Formation of New Sustainable Revenue Bases<br />

Strategy options<br />

i. Remunerative projects<br />

To improve the revenue base of the municipality, following are the remunerative proposals<br />

identified within municipal area.<br />

• Construction of Commercial building at Erode road near bus stand<br />

ii. Parking Regularisation <strong>Plan</strong><br />

Enforcing no-parking zones and identification of possible parking areas with the involvement of<br />

stakeholders would be the first step in mitigating congestion in the central areas of the town.<br />

Preparation of inventory for all roadside parking area within the town. Initiating time based pay<br />

and park facilities for vehicles. Appropriate rent structure from light carriage vehicles and heavy<br />

vehicles parking would also improve income generation.<br />

The proposed parking fee structure is:<br />

◊ Two wheelers - Rs.2.00 per day<br />

◊ Light Vehicles - Rs.5.00 per day<br />

◊ Heavy Vehicles - Rs.10.00 per day<br />

iii Advertisement Regularisation <strong>Plan</strong><br />

Identifying strategic locations such as bus shelters, road medians, for hoardings and poster<br />

places in <strong>Municipal</strong> area and levying advertisement tax at the rate of Rs.25 per sq. ft per annum.<br />

To prepare an inventory of advertisement spaces within their limits with size and type<br />

.Auctioning the entire rights to a single bidder on an annual basis is suggested. The initiative of<br />

GoTN to remove hoardings and encroachments is a welcome step to regularize the<br />

advertisements and hoardings<br />

Table 6.4 Road Map for Formation of new sustainable revenue bases<br />

S.N Reforms<br />

Year 1<br />

Year of Implementation<br />

Year 2 Year 3 Year 4 Year 5<br />

1 Formation of new sustainable revenue bases<br />

i Remunerative Projects<br />

a. Premobilization of deposit for commercial<br />

building at Erode Road near bus stand<br />

<br />

ii Parking Regularization <br />

iii Advertisement Regularization <br />

6.3.2 Action <strong>Plan</strong>: Privatisation Initiatives<br />

The areas of privatization of the functions of the ULB in Tamil Nadu are<br />

i. Solid waste management<br />

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