President of the Municipality of Budva Milo Božović and his associates and the owner of the company "Imobilia" doo from Budva Branko Ćupić and his team today started negotiations on the sale of the Citadel in the Old Town.
As the News was told, both sides stated that the conditions have been met to resolve the Citadel issue, which has been weighing on both sides for several decades. At the meeting, willingness was expressed to continue negotiations in order to reach a mutually acceptable agreement.
"The municipality of Budva will immediately initiate the procedures prescribed by law and ask the state cadastre to assess the value of the property owned by the company Imobilia doo. After the evaluation by the competent state authority, the company Imobilia doo will present its offer for the sale of Citadel, which will be presented to the public.
"It was agreed that the negotiations will last until December 31, when it will be known whether the interested parties have reached an agreement on the purchase and sale of Citadela and under what conditions. The municipality of Budva will regularly inform the public about the progress of the negotiations in the following period," Vijesti was told.
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