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The Union, December 28, 2010.

The mayor of La Union, Francisco Bernabé, and the head of the delegation Murcia-Almeria company Fomento de Construcciones y Contratas (FCC), Jose Alcolea, today signed an agreement under which FCC lowers the outstanding debt with the City at 857,081.42 euros, being fixed the final amount to 1,525,000 euros duty.

The agreement, signed in the presence of accidental secretary, Jeanne M.

French Councillor of Economy and Finance, María Dolores Barrett, the director of the Department of Legal Services FCC, Godofredo Diaz, and the production manager of FCC, Fernando D.

Matthew comes after numerous negotiations between the parties since 2003, the Tribunal Superior de Justicia de Murcia condemn the council to pay EUR 3,178,634.42 FCC for services rendered prior to the municipality.

And is that non-payment of this amount was even encouraging the seizure of several city-owned property in 2005, while in 2008 debt was reduced by 796,553 euros as a result of the award to the company of two municipal plots, thus leaving 2,382,081.42 euros in the outstanding amount.

With today's agreement is not only produced a significant reduction of debt, but allows the remaining $ 1,525,000 may be paid over the next 10 years at a rate of 12,708 per month, although the payment will be quarterly, beginning on March 31, 2011 and ending on December 31, 2020.

Francisco Bernabé has expressed his "great joy" over an agreement that "will involve, first, a very remarkable improvement in the City's financial situation, having achieved an important reduction in the total amount of the debt with FCC-principal recipient of the Consistory, and get a very comfortable time to meet the same over a decade. "

Also, Barnabas noted that this section "legal certainty is an important municipal properties, which are thus freed from the heavy burden of judicial foreclosure of a debt resulting from prolonged in time."

Unionense the mayor wanted to express to the company FCC gratitude for the sensitivity he has shown at the economic situation of the Consistory, as well as the facilities offered to reach an agreement which, without doubt, is historic for the town.

Source: Ayuntamiento de La Unión