Portal de Cartagena

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The City refinanced its debt to avoid liquidity (01/10/2010)

The government team spokesman, Joaquin Segado, today announced the approval by the governing body of strong performances in the field of finance, such as refinancing two loans, of 23,623,000 and 9,500,000 euros, extending the repayment periods for the effect on Treasury is a minor and could have more immediate liquidity.

In addition, the loan has been approved for investment of the 2010 budget, amounting to EUR 5,700,000 will go to the nine neighborhood councils and the works being carried out in the seven districts that divide the municipalities.

For Mowing, if it is true that the financial situation of the City of Cartagena does not cross its best, is in fact better than the national average and, in this line, we try to make decisions in anticipation of possible liquidity problems that may arise, but we do not know is how long can this situation, so it is essential to lay the foundations of the Covenant of local funding.

PLANS TO IMPROVE CITY

The Governing Board has also given the green light to two plans that will result in benefits for the city.

On the one hand, the Local Action Plan to Flood Risk, with the methodology and protocols of action to be followed by areas and levels of alert to contingencies of this kind, Cartagena usually occur in one or two times a year.

This plan is made for the purpose of police presence, Civil Protection and Fire.

And on the other hand, it has also approved the Plan of accessibility to the physical environment in the town of Cartagena, whose wording was approved in December 2008 agreement between the City, IMSERSO and Fundación ONCE, and officially presented at next weeks, the architect Fernando García Ochoa.

Source: Ayuntamiento de Cartagena

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