Portal de Cartagena
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The board of the municipal company Casco Antiguo de Cartagena has agreed at its meeting this morning to seek new legal reports about the best way to legally claim the debt owed ​​by the developer New Gate for its urban development in the University District.
The meeting has submitted its report to the Municipal Chief Counsel, who pointed out the existence of p ossible criminal evidence for the alleged diversion of funds from the developer, but expressed doubts about the success of prosecution for possible prescription of these facts.
At the request of counsel, legal counsel will explore new judicial redress, while municipal opposition groups, PSOE, IU-Greens and Citizens Movement, will instruct other legal reports in order to shed more light on the matter.
The board also approved delegate powers to his CEO subscription policy for securing the mortgage loan that has signed the Cartagena Young developer with Caixa Bank for his performance in Molinos Marfagones.
The policy of consolidation is proportional to 9 percent of municipal participation in Cartagena Young and amounts to 196,757 euros. The loan Young Cartagena with Caixa Bank was initially 6.2 million that has been amortized year after year by the selling homes, standing today at 2,186,000 euros.
Source: Ayuntamiento de Cartagena
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