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The City will borrow half a million euros at 0% interest for the adequacy of districts (19/01/2015)

Jumilla City Council welcomes the Economic Promotion Fund established by the Ministry of Finance, through which a loan of half a million euros will be requested, at 0% interest, which will be devoted to the Special Districts Adequacy Plan.

This was approved this morning, the extraordinary plenary urgently convened to approve this application, a loan of half a million euros to fund the Ministry of Finance at 0% interest, and that will go to the adequacy of the three distrititos Jumilla.

As reported the mayor of Jumilla, Enrique Jimenez "This fund will allow saving a lot of money on a project that is vital to Jumilla, with respect to improving the districts. The deterioration in the districts for many legislature is more than evident, and in this sense we want the project a suction entire corporation. "

To access the loan, municipalities must meet requirements and meet the goals of stability and public debt as well as the average period of payment to suppliers, and be familiar with the reporting obligations and provision of financial information.

In this sense explained Enrique Jiménez, "the City of Jumilla meets all requirements for access to this credit, an exceptional measure that can now access thanks to the good economic situation of the municipal coffers."

As stated in the technical proposal made pro Service Works and Planning of the City of Jumilla, the Plan Conditioning Districts will contemplate the works of cleaning, debris removal and conditioning of slopes, parks, open spaces, street paving, landscaping and improved access between the main actions.

The city has voted unanimously favorable proposal, because all information will be forwarded morning with the accession of the City of Jumilla, this Fund for Economic Promotion.

Source: Ayuntamiento de Jumilla

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