Latest news taken from "La verdad" today
The resolution from the comercial court n.1 of murcia can dramatically reduce the chances of home buyers to recover their money, since the land would have a much lower value and takes no agreement allowing to build the development in Campos del Rio
Now down to the bear bones of the situation, the hundreds of buyers in the residential urbanisation of Trampolin Hills Golf Resort Campos del Río, who have neither home nor have recovered the money paid on account, that justice was declared invalid in urban reclassification of the land on which was to be built this development.
And that is precisely what has just the owner of the Court of Administrative Disputes number 1 of Murcia, José Miñarro, who just set the invalidity/cancellation of the agreements of the Plenary of the Municipality of Campos del Rio, held on 26 May 2005 and the adoption of the planning agreement between the commercial Hills Trampolin and the Consistory, and the amendment of the Municipal Planning Subsidiary Regulations for the project'.
Translated into less technical language, this means that the court has buried the agreement of the reclassification of the land on the part of the council, in addition also the agreement signed with promoter Antonio Martínez for the building , as compensation for letting him urbanize, of a new town hall with an investment of 2.5 million.
The ruling is the result of the action which brought the Popular Party in 2007, considering that the agreement had been made in plenary in breach of the law. Thus, the lawyer Jose Antonio Izquierdo, acting on behalf of the party, showed that the Socialist Group, the then Mayor Ricardo Valverde in front, had approved the reclassification without having had the required financial report on the project. A document that is absolutely necessary in the case of a project such as Trampolin Hills, which could eventually double the population of Campos del Rio and require utilities to forecast, but maybe not ready local administration.
Moreover, reported that the City had agreed 'contrary to law, "the construction of a new town hall, amounting to EUR 2.5 million, forgetting the requirements of the Contract Act, which requires the attribution of a work of such magnitude complying with the principle of competition, and not granted by agreement.
He also noted that there had been publicized administrative acts adopted.
The judge has now given reason to the PP and, because of such mistakes in their day by the team of socialist rule, supersedes the reclassification of the land and the agreement with the promoter group Trampoline Hills.
which is a huge blow for customers hoping to gain the land.
The court decision means in practice a blow to the purchasers of the houses in this resort, and greatly complicating the chances of a day they will recover all or part of the money paid on account and, according to developer's own admission, reached a total of over 52 million.
In particular, both the employer Antonio Martínez as were buyers were confident that the land ', numbering about two million square feet, could be sold for a large sum, to be rezoned urban links, and this would then allow the return of part of the debt.
Not surprisingly, the promoter brandished a recent report of an audit, which valued the land at about 87 million.
If the decision of the Commercial Court No. 1 of Murcia, which can be appealed, were to be ratified and become firm, the land would lose the status of being developable and there by support , the bulk of its asset, and the chances of reaching a satisfactory solution would be minimized.
Latest news taken from La verdad,
Are they for real....what a total lack of compasion for all the investors left in a total mess whilst they go making and breaking agreements!!! where were the administration when they new the 1000,s of sales were being made by this company if they new that they should not have been....p.s Ogo ...It seems that the main afectados group that seems the most authentic would be that headed by Joaquin Guzman the lawyer..it has been mentioned on the Spanish forum that the other group headed by one of the persons I think called "cristobal" and his friends could be interlinked with Trampolin...dont know but this has been mentioned on the forum as people were anoyed this group were asking for money from people and seemed to have links as I said to Trampolin....therefore me personally would only support the group headed by Joaquin Guzman who seemed to be also making a case for claiming the land for the buyers..however after reading the above in the paper "La verdad" really dont know if this now would be possible.
Sollel