A fuel tax could provide the cash needed for a new bridge over Flatts village.

Campaigners for the rejuvenation of the area believe a $10 million overpass is essential before any comprehensive revitalisation can take place.

And W.A. (Toppy) Cowen, of Flatts development committee, is convinced a levy on fuel could easily fund the structure, and the repair of other bridges around the Island.

"There is no doubt in my mind that a bridge is essential and one way of doing that is a tax on fuel Island-wide,'' he said. "My dream is that bridge, that would complete the picture and could lead to pedestrianisation of the village.'' Mr. Cowen believes a one cent per litre levy would raise up to $1 million a year.

"In a survey, 97 percent of those in Flatts asked, said they would like to see a bridge here -- everybody agrees it should happen,'' he said.

Since 1981, traffic through the village has increased by up to 60 percent -- with up to 15,000 vehicles a day going through.

And his sentiments were echoed by the owner of Palmetto Hotel Jeff Amaral, at the official unveiling of his $18 million redevelopment plans.

"I would like to see it happen, I am taking the initiative and hopefully people will follow on,'' he said.

Environment Minister Arthur Hodgson has not ruled out the bridge plan and Mr.

Amaral said the will of the people would let Government know how people felt about the issue.

"If Government see the community trying to proceed then we may get some progress.'' Both Mr. Cowen and Mr. Amaral believe a pedestrianised village will encourage more businesses, which with al fresco dining and new walkways, will be the catalyst for the rebirth of Flatts. The Palmetto plans, in partnership with BAS Serco, will see a 28 room hotel, restaurant, and luxury townhouses and villas taking shape from November.

It will take up to 18 months for the work to be completed. The properties will fetch between $800,000 and $2.9 million.

And interest in the development has already been received, with potential buyers already contacting agents Coldwell Banker. The company is to market the properties to the rich and famous via 69,000 agents worldwide and by the exclusive Preview Registry.

The hotel will feature state of the art technology in the rooms, in a bid to attract both business and holiday travellers.