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Suwon Mayor Yeum Tae-young: "The Spirit of Mutual Prosperity Among Conscientious Landlords Shines Bright"

Sends thank-you letters to building owners and landlords participating in the 'conscientious landlord movement'
Thank-you letter from Mayor Yeum Tae-young sent to participants in the 'conscientious landlord movement'.

[Suwon Ilbo = Reporter Jung Jun-sung] On the 2nd, Suwon Mayor Yeum Tae-young sent thank-you letters to participants in the 'conscientious landlord movement,' expressing gratitude by saying, "The 'spirit of mutual prosperity' shown by numerous building owners and landlords has opened up the tightly blocked breath of small business shop owners."

Mayor Yeum stated, "As COVID-19 has prolonged, the suffering of our small business owners has exceeded the limit," and added, "Over the past year or so, though it has been a difficult time for everyone, a voluntary 'conscientious landlord movement' has spread, centered around traditional markets and alley commercial areas."

He continued, "In the darkness where the end is not in sight, we have come to realize anew how precious it is to live together with others and to form a community of life," and pledged, "During difficult times, we will together build a 'people-centered city' where we care for and comfort one another."

The city sent Mayor Yeum's letters with such content to 283 landlords who participated in the conscientious landlord movement and received property tax reductions. A total of 474 small business shops benefited from rent discounts.

The 'conscientious landlord movement' is an initiative in which building landlords offer discounted rent to small business tenants facing difficulties due to COVID-19.

The city provides property tax reductions to landlords participating in the conscientious landlord movement. The Suwon City Council passed the 'property tax reduction consent bill for conscientious landlords' in February.

Next month, the city plans to submit the 'property tax reduction consent bill for entertainment establishment operators' to the Suwon City Council to reduce the property tax rate for these businesses from the increased tax rate to the standard tax rate for 2021, thereby alleviating the tax burden on entertainment establishments that have faced management difficulties due to prolonged 'assembly prohibition orders.'

If the 'property tax reduction consent bill for entertainment establishment operators' is passed, the local tax burden on entertainment establishment business owners is expected to decrease.

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