Portal de Murcia
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The Councillor of Finance, Isabel Martinez Conesa, received this morning in his office representatives from Santander to run long term loan signing totaling 22.5 million euros.
This amount will be fully used to finance most of the investments planned in the budget of 2015.
Martínez Conesa has been accompanied by the signature Cobacho Alicia Gomez, Francisco Agustín Dieguez Joy and Lazarus, of the Department of Finance.
On behalf of Banco Santander was attended by Luis Rodríguez de la Fuente and Juan Manuel Núñez Blanco, Director of International Banking.
"It has managed to obtain a loan to excellent conditions. It has been awarded to a single entity that has offered a rate of 0.90%," recalled Martinez Conesa.
With this loan, taking into account the depreciation provided for under budget surplus of 8.8 million euros, the projection to December 2015 the City of Murcia is 164 million euros.
The City of Murcia has received nine bids for more than seven times the amount requested, demonstrating that, according to Minister of Economy and Finance, the financial market recognizes the solvency of the City of Murcia addition to show that we are good payers .
With this loan, the city of Murcia this year may make investments such as:
- Excavation of the tracks
- Municipal Housing Rehabilitation
- Rehabilitation Municipal Cemetery Espinardo
- Construction of New Roads Cyclable
- Acquisition of vehicles for the local police,
- Repairs in schools,
- Paving of driveways, sidewalks, new lighting, etc.
in neighborhoods and districts,
- Rehabilitation and improvements in the squares of supplies,
- Replacement of equipment in sports,
- Software for e-government, etc.
Source: Ayuntamiento de Murcia
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