Mayor restates call for Houston Estates to settle tax arrears
Saying that Houston Estates owes almost $450 million in taxes to the city, Georgetown Mayor Ubraj Narine yesterday said the company has been using one compliant account to process the sale of lands which fall under other accounts that are in arrears.
 Narine told a press conference yesterday that the city administration has records for four Houston Estates accounts, three of which have outstanding balances. He noted that the single account 044-00001, which is up to date with its payments, is being used for the compliance to process the transactions for all other lands.
The amounts $115,154,906, $174,806,614 and $157,500,817 ($447,462,337 in total) are outstanding from the accounts 041-000001, 042-000001 and 043-000001, respectively, according to Narine, who explained that every division and sub-division of the lands has a different account in the council’s records.(stabroeknews)…[+]