Financing Simas Torreón Is for Times, Not for Lack of Money, Says Mayor

TORREÓN, COAH.- The credit of 60 million pesos to the Municipal Water and Sanitation System (Simas) Torreón, as well as the loan from the municipality for the same amount, aim to guarantee the quality and continuity of water and sanitation services, said Mayor Román Cepeda. “The loan responds to a question of time, not a financial need. The administration is not broken; on the contrary, there has never been such a healthy financial situation as …

By a majority of votes, the Cabildo de Torreón approved this Friday the credit of 60 million pesos that Simas will apply to a banking or financial institution and a mutual contract for another 60 million pesos with the Municipality of Torreón. During the ordinary session that still takes place this moment, the majority of the members of the Cabildo was in favor of the Simas Torreón having 120 million pesos to attend to the effects of the water c…

Torreón, Coahuila.- During the joint session of the Commission of Finance, Heritage and Public Account, and the Public Services Commission, the authorization for the Municipal Water and Sanitation System (SIMAS) Torreón to conclude a mutual contract for 60 million pesos with the City of Torreón was approved by the majority. The request that was authorized by the Board of Directors of SIMAS Torreón, was turned over to the commissions mentioned th…