Saturday, December 2, 2023

Antofagasta-based GORE has terminated the agreement with Procultura early and will demand the return of 373 million pesos

The regional government of Antofagasta has finally decided to terminate early the agreement signed with the Procultura Foundation for 629 million pesos within the framework of the “Restoration of Historic Protected Area Facades” program. This came after a number of questions were raised about both the amounts and the fact that only three properties would be intervened.

According to the regional government, in a press release accessed by this media, it requested information from the Procultura Foundation to support the viability of the program. In response, a total of 19 new facades were identified for intervention, but 14 of them did not meet the selection criteria and the other 5 covered only 1,271 square meters of the more than 2,400 square meters of the agreement.

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“Given the significant delays already in place to the program and the impossibility of commencing work on the facades, it is not considered possible to further delay the approval or rejection of new properties.”, It is also taken into account that social awareness and community cooperation are essential to the success of the program, as is evident from its formulation, not only in terms of its implementation itself, but also in terms of its sustainability beyond the said period Agreement,” the text explains.

“For the reasons stated above and in accordance with the provisions of the tenth clause of the agreement, which states that the Regional Government may terminate this agreement early without any right to compensation for the Foundation in the event that the Foundation does not comply with the objectives and activities set out in the original agreement.; “It has been decided to end the program early,” he added.

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In addition, the confiscation of the fidelity guarantee provided by the Procultura Foundation was ordered in accordance with the transfer agreement.

According to the GORE calculation The amount to be repaid by the foundation is around 373 million pesos, for which a term of 10,000 euros is granted 15 working days from notification by registered mail.

Nation World News Desk
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