This was stated Monday by the mayor of Logroño, Cuca Gamarra, who presented this morning the economic-financial forecast of the Government Team to address the prioritized investments for the first half of this financial year 2018.
Having secured this financing is possible, as the mayor has said, “thanks to the economic solvency of our City Council that has ended its accounts with surplus in the last six years and the progressive reduction of debt we have achieved since we are at the head of the Government Municipal”.
Gamarra has supported the “good economic and financial health” of the City of Logroño “in the good management we have done since 2011, a responsible and transparent management of an administration that provides the best services, taking into account the balanced balance of income and expenses and the economic situation in which we find ourselves “.
Those 27 million to finance investments come from the loan that will be subscribed for 7.5 million euros; around 6 million euros from the disposals of municipal properties; 0.8 million of general resources; and 3.2 million of the surplus of the previous year.
To this, he said, “we must add 9.3 million euros to pay the annuity of the burial, which will be financed by loan and part of the surplus of 2017.”
The 12 million now allocated are distributed as follows: 7.5 million loans (which will be tendered this week); 872,245 euros of disposals; 246,965 of general resources and 3.2 million of surpluses.
TENDER OF THE KNOT OF VARA DE REY.
In the detail of the projects, those related to the burial and urban transformation that has led to continue being ahead in terms of amount and its priority for the city.
There are therefore several items in the economic-financial table released this morning by the mayor. Among them, one of 350,000 euros, for the beginning of the work of the Nudo de Vara de Rey, which has also been the subject of an important announcement.
Gamarra has referred to the approval by the Extraordinary Government Board, last Friday, of the agreement with the Logroño Integration of the Railway Company for the bidding of these works.
An execution that will begin in summer, following Alternative “C” chosen with high political consensus, and that have a global amount of 1,347,000 euros. “It is the project that will complete the first phase of the burial works, the main work of Logroño for decades that will change the urban appearance of an entire city,” he said.
In order to promote the administrative processing of this project, funding is already foreseen for 350,000 euros (with a subsidy of 100,000 euros from the Regional Government) with disposals of municipal assets.
Also phase II of the remodeling of Vélez de Guevara (96,845 euros) and the contract for the conservation of public roads (525,400 euros) have been included in this chapter.
Another of the projects linked to the burial, the new bus station, is the most important of those destined to be financed by the 7.5 million loan that the government team plans to subscribe immediately.
There will be 1,364,447 euros and 1,500,000 for its equipment, “which will be a fundamental boost for this infrastructure that, together with the train station, will be the axis of transport in our city.”
To aid rehabilitation – one of the most dynamic economic policies are printing, in addition to contributing to the improvement of our heritage – will be available 2,260,000 euros of credit.
Thus, 300,000 are destined to the Casa del Cuento (300,000 euros + 200,000 to be consigned on account of the disposals); 250,000 for the remodeling of One Hundred Stores; 200,000 to reinforcement of pavements; 200,000 for the redevelopment of streets in Villanueva (the mayor recalled at this point that they will be able to count on funds from the DUSI strategy recently granted).
To this we add 400,000 for development cooperation; € 141.853 for the remodeling of Albia de Castro; 322,763 to new technologies; 190,000 for a crematorium (counting with 90,000 more disposals); 140,000 euros for improvements in schools (to which 150,000 will be added by the regional government); 115,000 for the cover of Las Norias; and 16,500 (out of a total of 40,000) for the improvement of markets.
In general resources, there are two works whose financing will be supplemented by the State in charge of the 1.5% Cultural program: the integral reform of the Stone Bridge, for which there are 134,000 euros (plus another 200,000 subsidy) and for the extension of the Camino de Santiago, 112,000 euros (plus 168,000 grant).
Finally, “thanks to the good economic management of the City Council that generated a surplus last year”, new remodeling of streets will be able to be financed – Phase II of Múgica- (671,000 euros); the Valdegastea toy library (540,000 euros), a firefighters autoscale (1,000,000 euros), leaving funds for other actions that are established as priorities.
In this sense, the mayor recalled that the total surplus achieved in 2017 and consigned in the Budget Liquidation, was 8.4 million.
Of them, the 3.2 that will be destined to financially sustainable investments; and the rest, 5.2 million that -as Gamarra has pointed out- will reduce debt in two ways: on the one hand, to reduce the loan that must be requested for the annuity of the burial; or for the cancellation of ordinary loans.