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The Socialist councilor Juan Patricio Castro reports that Bankia has denied the request for funds requested by the Session for the development of these infrastructures, despite the existence of a commercial contract signed in 2010 for an amount of 85 million euros

The Socialist Party mayor of Juan Patricio Castro reports that the city of Murcia is having trouble completing the Coastal North and South in the town.

And that, according to Castro-Bankia has denied the request for funds by the local government for the development of these infrastructures, despite the existence of a commercial contract signed with the bank in 2010 amounting to 85 million euros.

In this sense, the PSOE councilor explains that in 2009 Valcárcel and House signed an agreement for the development of the North and South Coast and Sangonera variant.

"With the agreement in hand, the mayor of Murcia signs a factoring contract (commercial contract of assignment of receivables for which the bank expects you money) with Bankia and today, the company is not giving you money, despite the many requests made by the City Council as the CARM, through that agreement, gave assurances that the Consistory could develop these infrastructures.

As you may be questioned Castro-Valcárcel ensure that funding for the North and South Coastal Chamber can not get the money when, according to the contract signed, it is up to the City Council.

After four years, denounced the socialist mayor expectations remain unfulfilled.

"What we have are unfinished infrastructures that give terraces, that do not have sidewalks and left at the mercy of urban development."

The current situation is that the development of the second phase of the North and South Coastal is paralyzed, when works should have started in the first half of this year, while Urbamusa, a company owned by the CARM and the City, responsible for these works, has given no explanation about what will happen.

"The people are always the ones who pay, while banks and rampant mismanagement Valcárcel and House shines" ends

Source: PSOE Murcia