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The City Council and Banco Sabadell reach an agreement that will save more than 750,000 euros to the municipality (19/12/2017)

The mayor of Alhama de Murcia and Finance Minister, Diego Conesa, explained this morning the efforts made with Banco Sabadell following the ruling that obliges the City Council to return to the entity the payment of the capital gains and their interest.

Conesa recalled that the Government had the electoral commitment from the beginning of the legislature to "dejudicialize the administrative life of the City Council, giving a quick solution, negotiated and agreed on the issues known as the Case Auditorium, Bavinor Case, the judgments of Socamex, etc".

These settlements and payments amounted to one million three hundred thousand euros, which were paid in 2015 and 2016 with extrajudicial agreements seeking the maximum benefit for the Consistory.

The mayor has reported that "at the beginning of the legislature we had a lot of judgments on cadastral values ​​and tax receipts from the land where the residences were going to be built, but they did not come to be executed, and we had the commitment and the obligation to go pricking that real estate bubble without affecting the City Council accounts ".

In addition to these two issues, the municipality was affected by a problem with capital gains.

"Goodwill is a tax that is paid to the City Council and is paid every time a property or urban land is sold," he explains.

In 2014, before this legislature, there was a transfer of land by a resort to a company that paid the bank, in which a surplus of 740,000 was settled.

The entity entered this money into the accounts of the City Council, but at the same time they resorted to it.

In 2015, as soon as this legislature began, there were also some surplus liquidations corresponding to Sabadell, who paid is around 4,300,000 euros, and as in the previous case, the bank paid but appealed.

Diego Conesa reports that "the first resources we had were estimated for the City Council, but the ruling of the Constitutional Court of May 11, 2017, gave the reason that this tax is not generated as it is proven that there are indeed some losses "

And he clarifies that "several cascading sentences have begun to come, not only to this City Council, but also to others." Thus we have four legal proceedings with Banco Sabadell, of which we have two with a final judgment, another that is appealed to the Superior Court of Justice and another pending resolution appealed ".

All of them constitute an amount greater than five million euros and committed the City to pay that money plus late interest from the time they made the income, which was about a thousand euros a day for the municipal coffers in interest.

The Mayor explained that before May 2017, when they were aware of the possibilities that the Consistory had of losing those trials, the Government maintained contacts with the banks to reach an out-of-court settlement.

"There have been several meetings and proposals that we have made during all this time, until we made an appointment with the direction of Banco Sabadell, which we had yesterday, Monday, May 18, at its headquarters in Barcelona."

Conesa clarifies that "the objective was not to kick forward with these sentences, because we could appeal them, go to the supreme court, and that it happened with the Auditorio case at the beginning of the legislature".

The head of the Treasury has positively assessed the agreement reached, which will allow savings for the City Council of more than 750,000 euros (14% of the total).

The format and procedure will be presented in the coming days to the bank and next week will be approved by the Local Government Board.

"The intention with the agreement is to pay the two final judgments before the end of the year (December 31, 2017) and the other two judgments to pay during the first quarter of 2018," he says.

Finally, he clarified that these payments will not affect the 2018 budget, nor the investments planned for the coming months, such as the refurbishment of the Casa de la Cultura, the Adolfo Suárez pavilion or the new access road to the Los Dolores, among others.

"Although we will have to make a budgetary effort, such as the conditioning of the athletics track Guadalentín Sports Complex."

Source: Ayuntamiento de Alhama de Murcia

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