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Published On: Thu, Mar 14th, 2019

Collection long lease fees seems problematic

Philipsburg - Capital of Dutch St. Maarten

PHILIPSBURG -- The government has issued 2,955 long lease contracts for land that covers 4.87 square kilometers of land; this is 14.3 percent of St. Maarten’s total area of 34 square kilometers. The annual lease fee for all these contracts combined is 5.8 million guilders (around $3.2 million). However, there is a problem...

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