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The Department of Finance carries out an IOU from € 91,621 to three companies late interest because of court records (03/06/2016)

The mayor Ana Canovas, who also explained the current situation with BBVA says not understand how the previous municipal government stopped "dead body" before such disastrous efforts to the Consistory

The Department of Finance and Contracting has recently made an acknowledgment of debt obligations totaling figure of 91,621 euros to three different companies because of court records, according to sources of this department.

The mayor of the branch, Ana Canovas, lamented this situation corresponds to bills work that made these companies to the City Council in 2010 and 2012, in this case, the arrangement of networks of Municipal Water and conditioning of old N-340.

The Department must now face this debt default interest on the late payment of invoices, late payment interest plus legal interest for default interest and default interest for the enforcement of court judgments.

In addition, the council reported the "threat" of 23 million euros that falls on the city of Totana for not having faced the installment payments of a loan signed with the "BBVA" entity, the amount equivalent to the budget municipal current revenue a year.

This situation is for unpaid successive quotas under a municipal administration that made the City by signing a policy in February 2013 amounting to 1.4 million euros and a loan of 13 September 2010, 5 million euros.

The operation includes a cost breakdown of 8 million euros, with a maturity of the loan for 2016.

The bank has informed the Consistory totanero its intention to terminate in the City Court.

The council has reported that this "mismanagement" joins other "nefarious operations" that have led to economic and financial situation of the City "Painfully disturbing and alarming."

Source: Ayuntamiento de Totana

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