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{
    "id": 695014,
    "url": "http://info.mzalendo.com/api/v0.1/hansard/entries/695014/?format=api",
    "text_counter": 1145,
    "type": "speech",
    "speaker_name": "Sen. Muthama",
    "speaker_title": "",
    "speaker": {
        "id": 96,
        "legal_name": "Johnson Nduya Muthama",
        "slug": "johnson-muthama"
    },
    "content": "Mr. Deputy Speaker, Sir, I want to pose a question based on the signed lease. I base this on my experience as a serious landlord. When you sign a lease to rent a property you take it the way it is. The value is based on the cracks appearing and the leakages on the roof. That is where you signed the contract. The assessment must be done after the renovations to look at the cost. I want the counsel to consult the Governor and come out with some clear answers on why the valuation was done after the lease was signed? The property is leased for Kshs10 Million for example but the renovation is taking Kshs29 Million. A property that will cost rent of Kshs10 Million in 10 years, normally with simple calculations, it will cost you to buy a plot on that land with Kshs5 Million and construct it with Kshs7 Million and that totals to Kshs12 Million and you own the building. Why did you cost the county that money? The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate."
}