Portal de Cartagena
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The board of directors of the municipal company Old Town this afternoon approved a provision for losses insolvency of some three million euros for the year 2013, corresponding largely to the debt that keeps New Door Old Town, and comes liquidation of capital gains from the sale of homes in the university district.
As explained sources of Casco Antiguo providing insolvency accounting prudence and has performed as a result of information they consider this debt as uncollectible.
The board is awaiting the ruling of the appeal of the judgment which initially gave reason and we evaluate the need for action to run on the event again be favorable to occur.
The meeting has also undertaken the renovation of members of the board, which has exited and entered Fatima Suanzes Councilman Diego Ortega, both of the government team.
Apart from councilors Team, the Board of Directors of Old Town is composed of representatives of the three local opposition groups.
Source: Ayuntamiento de Cartagena
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