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Old Town award four plots totaling 1.1 million euros (13/10/2016)

This morning, October 13, was held a new meeting of the Research Committee of the municipal company Casco Antiguo.

During that period, it has continued funneling the information gathered from previous meetings, in addition to deepening the functioning of the municipal company during the period before the entry of the new management.

On the other hand, legal services have reported the procedural status of the operation known New Gate.

Regarding the current situation of Casco Antiguo, the manager of the municipal company, Antonio Garcia, he reported the next allotment of four plots owned by the body, for a total amount of 1.1 million euros.

Garcia has offered data showing the spin given to the functioning of society in recent months, leaving behind negative dynamics and establishing itself as a pillar for economic, social and urban larecuperación the Old Town.

Thus, the manager of Casco Antiguo has said it intended to close the current year without deficit, news that would be added to others such as occurred during the last July when the members of the Board of Casco Antiguo approved the proposal of Antonio Garcia for refinancing debt.

This plan will allow savings of more than 250,000 euros by reducing the interest rate.

The action came in addition to the reduction of more than one million euros of the total debt of Casco Antiguo, made since the entry of the new management in the last quarter of 2015.

Source: Ayuntamiento de Cartagena

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