Portal de Totana
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"The work of the new government team, headed by Juan Jose Canovas, is paying off in dramatically reducing debt and improving borrowing conditions left by the PP"
In the regular full month of March, the "Novation loan in connection with the resolution of the Ministry of Finance and Public Administration to fund management 2016, with the bank, Banco Bilbao Vizcaya Argentaria." He discussed
This famous loan, which contemplated a break clause 8,000,000 euros, by the government of then popular mayor, Martínez Andreo, was signed in 2010 by a capital of 13,504,864.64 euros at 6.50% interest, they claim from Win-IU Totana in a statement.
In 2012, he communicated from hacienda, the illegal status of this loan, since at the time of signature, there had been a "makeup" on Liquidation of Budget 2009. It was already the then mayor, Isabel Maria Sanchez Ruiz and Councillor of Finance, Maria Jose Baeza, who received this order of cancellation of the loan and sent from the Ministry ignored the same
Another example of the "brilliant management" of the previous PP government team, which continued a usurious loan, even with the refusal of the Ministry of Finance.
It is the less curious, the image of the former Councillor of Finance, Maria Jose Baeza, responsible for the area in 2012, that "not hesitate to offer master classes in full on good management and accountability with the money of all."
I wish all those lessons and wisdom which now boasts, is applied when the she had had, even seen the results of this and the vast majority of operations carried out, it is clear that was not the case.
Rather he should start thinking about their responsibilities and the political group they represent, that this and many other examples have led the people of Totana to the most complete ruins.
Perhaps the only thing that could make a show from the Popular Party of Totana.
Six years after the signing and after having stopped paying the installments from 2014, the government team of the Left is wrong with this sample to the PP.
One of many under the following conditions: outstanding capital: 12,971,162.97 euros, unpaid accrued interest: 2,248,074.59 euros, interest on arrears: 600,993.29 euros, Clause Rupture: 7,918,924.00 euros.
Adding all these amounts, we find a final debt of 23,737,454.85 euros.
It is to emphasize the "most excellent work" done to get a loan of 13 million over six years through cost each and every one of the totaneros, almost 24.
Now, after months of negotiations by the current government with the Ministry of Finance and BBVA, as well as the refusal of the mayor to sign a refinancing that still contained this clause usury to pay or increase 8 plus million Bank, it has managed to refinance this operation so unfavorable to the City of Totana, being as follows: Total amount;
15,219,237 with a repayment term of 10 years.
Interest of 11.23%, entering financial prudence, obliterating the break clause.
The Ministry of Finance gives us a preview of 1,135,537.32 euros to meet the obligations of this novated loan in 2016.
Although not the result we would have liked, as the Mayor said during the debate in plenary, it is in better situations for future refinancings or repayments, in addition to not renew the clause strangling the future of the operation.
It is thus shown that another way of governing is possible, honesty and responsibility with public resources.
Source: Ganar Totana IU / Foto: archivo Totana.com
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