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The Local Government Committee this morning approved a proposal by the Councillor for Finance and Personnel, Fatima Suanzes, designed to manage the modification of certain financial terms of loans signed with the Official Credit Institute (ICO) for payment to suppliers.

According to the Councillor, last May, the BOE issued vary ways by which municipalities could obtain or greater maturity or a reduction in the interest rate, s henever met certain conditions.

The Cartagena according Suanzes meets the necessary requirements to apply greater reduction in the interest rate, which is 1.4 points;

bringing the current rate of 5.48 percent is paying for this loan 35.5 million, would drop to 4 percent, gaining an annual savings estimated at about 400 thousand.

To qualify for this, the City should integrate into the state p lataforma electronic invoice so that providers can use this method, and incorporated into Undertakes to Three program that allows online management of the three administrations permits for opening and implementation of activities through an agile and quick procedure, similar to the Express License and implemented by the City.

This new savings in interest rates adds to announced a few weeks ago, also by the Councillor for the early redemption of 10.5 million this same claim.

UNDER THE OLD BRIDGE TORRECIEGA

A proposal by the Town Planning and Infrastructure, Francisco Espejo, the Governing Board has approved the request assignment and the Autonomous Region under the old bridge Torreciega, to improve pedestrian poor communication that has the neighborhood with the city.

Also the proposal of Councillor has approved the consolidation project gable walls Sports Central Pavilion and another for the implementation of prefabricated clubhouse Playa Paraiso.

GRANTS

The Governing Board also approved the basis for the award of grants to Women Groups and Associations nonprofit the municipality of Cartagena, the notification will be published shortly.

Has also been given the green light to the signing of the cooperation agreement between the Cajamurcia Foundation and the Department of Social Services for the maintenance and performance among older people in the town, for which the foundation will contribute 25,000 euros.

In this section have been approved for participation in the Department of Social Services in the summer placement program for Sahrawi children sponsored by Association of Friends of the Saharawi Arab Democratic Republic, and he in the town of Cartagena is the largest number of placements throughout the region.

SUBVENCIÃ "N AL FUTSAL AND RENTAL CARTAGONOVA

The Governing Board has given its approval to advance 50 percent of the subsidy annually goes to Team Futsal Cartagena, so you can make the entry in the National League.

The amount advanced will be 35,000 euros, 70,000 to be given annually.

Finally, and among other matters, the Governing Board has also approved a cooperation agreement Corgol Mercantile, LLC, for the organization and development Cup Final HM King Youth to be held in the Municipal Stadium Cartagonova June 29 2014. Through this agreement the company will pay a rent of $ 3,000 to offset the various expenses of personnel and supplies to generate the match.

Source: Ayuntamiento de Cartagena