By a majority vote, the Ulcinj Municipal Assembly adopted a decision at today's extraordinary session to approve the decision on the loan of DOO Komunalne djelatnost.
The decision was approved by 17 councilors from the ruling majority and two councilors from the opposition Democratic Montenegro. A councilor from the Democratic Alliance of Montenegro (DSCG) from the ruling majority voted against it, while councilors from the opposition Civic Movement URA abstained.
According to this decision, the utility company will borrow 10 million euros from Prva Banka for 3,4 years, of which 2,4 million are intended for paying debts for taxes and contributions, and one million euros for the purchase of new waste collection machines.
The Municipal Corporation previously received approval for the loan from the Mayor of the Municipality, Genci Nimanbegu, the Departmental Secretary, Leart Taipi, and the President of the Board of Directors of the Municipal Corporation, Luidje Škrelja.
The regular interest rate on the loan is 5,95 percent and the default interest rate is two percent.
Monthly annuities amount to around 37,3 thousand euros.
The Assembly was originally supposed to adopt the decision yesterday, but there was no quorum, so Assembly President Ivana Popović decided to postpone it until today.
The ruling majority in Ulcinj is made up of the Democratic Party (DP), Forca, Democratic Party of Socialists (DPS), Social Democrats (SD), Social Democratic Party (SDP), Democratic Alliance of Montenegro (DSCG) and Bosniak Party (BS).
The new majority in the Ulcinj parliament, which has 33 members, after the reshuffle in June, has 21 mandates.
The work of the new Assembly is being boycotted by Ardijan Mavrić (Forca), the former head of the local parliament, while the seat vacant in the DPS councilors' benches following the resignation of the party's senior official Drita Lola has not been filled, so the ruling majority currently has 19 "hands" at its disposal.
In the opposition benches, sit the defenders of the Democratic Union of Albanians (DUA), the Civic Movement URA, the Albanian Alternative and the Democrats.
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