The Toledo City Council Finance Committee will discuss next Tuesday whether Green light for a credit supplement worth 10.13 million of euros, financed from the remainder of the treasury, to be deposited in favor of the Condominionce de Noviembre … The amount recognized in the North Nude Expropriation Agreement at the time approved by the City Council He resorts to the court to request the cancellation of agreements that he deems harmful to the public interest.
Although the Advisory Council of Castilla-La Mancha did not support the seven reasons for cancellation raised by the government team, The municipal plenary session finally decided to continue through judicial means. The resolution was supported by PP, Vox and Izquierda Unida, while PSOE abstained from voting. The application was drafted by Professor Luciano Parejo.
This number corresponds to the initial debt recognized in 2021 in the agreement signed with the company owning the expropriated land: 9.053 million euros in principal and 1.08 million euros in interest. However, municipal reports warn that it will be necessary to add the interest accumulated since the signing of the agreement until 2025. In other words, the bill is much higher.
January 28, deadline
The city council’s strategy is to file a controversial administrative appeal with the Supreme Court against the agreements, simultaneously registering the recognized amount Prevent interest from continuing to accrue while the dispute is ongoing. It will do so before January 28, 2026, which is the deadline set for payment of the agreed upon amount.
The remainder of fiscal year 2024 allows the Treasury to cover the amount without resorting to credit operations, although the intervention warns that the operation will have “The negative impact on stability goals and the spending base”although both rules are still pending.
The Treasury report adds that The agreed interest rate in 2021 – which the Treasury itself has not announced – must be reconsidered Specifically within the framework of the new judicial process, which is why reference is made to the ease of “verifying the specific amounts to be paid” before any final action.
Intervention and Treasury reports confirm that the City Council has done so Sufficient margin to meet this credit supplement which is charged to the rest. Of the total €28 million of treasury residuals authorized for 2024, only 10 million had been used so far, so there was an available pool of 18 million allowing the allocation associated with the North Node Agreement to be assumed.
After this amendment, which must be approved in the regular general session of November, About 7 million euros will remain unused From the rest.