Parking fee: CMC earns Rs 1.43 lakh revenue

This includes Rs 8,500 for the parking area near the private bus stand and Rs 1.35 lakh for the parking area near Raja Seat. The specified eight months’ period is from August 1, 2009 to March 31, 2010.

The CMC had earned a revenue of Rs 11,500 from the parking area near the private bus stand for a period of 12 months. Present year’s Rs 8,500 bid for eight months shows 10 per cent increase in the revenue.

It was for the first time, the CMC auctioned the task of collecting parking fee for the Raja Seat premises. The response was indeed overwhelming. A sum of Rs 1.35 lakh bid was a record in the CMC history. There were 12 bidders for the particular spot.

CMC President P D Ponnappa, Municipal Commissioner K Srikanth Rao and Revenue Inspector Ramesh were present during the auction held at the CMC auditorium on Wednesday.

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