The Kochi Corporation Council on Saturday approved setting up of the Mayor's Rehabilitation Fund and decided to forward the proposal in this regard for ratification by the State government.
Funds will be set apart by the civic body in this account, which will be opened as a savings account in a nationalised bank.
A committee comprising the Mayor, Deputy Mayor, secretary and council secretary has been set up to monitor the project during the initial stages, Mayor Mercy Williams told the council.
The transactions of the account will be subjected to audit and legally binding receipts will be given for payments made on this account. The civic body will operate the account, in conformity with the stipulations of the State government and laws applicable to municipal bodies.
The council also discussed the special packages meant for rehabilitation of those evicted from different parts of the city. Participating in the discussions, Deputy Mayor C.K. Manisankar said that special emphasis will be given to rehabilitation of those families temporarily accommodated in Hotel Libra.
The families evicted from the banks of Thevara-Perandoor canal will be given 1.5 cents each in Cheranalloor and Rs. 2.45 lakh. Assistance required for obtaining bank loans will be given to these families as part of the rehabilitation.
D.M. Devarajan, project officer of the Urban Poverty Alleviation Department (UPAD) has been entrusted with the monitoring of the process.
Leader of Opposition A.B. Sabu and councillors N. Venugopal, K.J. Antony, Johnson Pattathil, K.M. Hamsakunju, T.J. Vinod, C.K. Peter and Shyamala Prabhu participated in the discussions.