Aegean Sea Resorts Utilize TAR to Contest Act 4 Decision: Allocated Funding of €69 Million at Stake
Italy's Cuneo City Awaits Decision on Water Service Re-Municipalization
In a significant turn of events, Egea has filed an appeal with the Regional Administrative Court of Piedmont against the decision made by Ato 4 in July regarding the liquidation of residual value in the water service sector. This appeal could potentially halt the final step before the re-municipalization of water services in Cuneo, a process that has been 14 years in the making.
The appeal concerns the suspension of the liquidation process, which was set to be completed by the authority, Ato 4, by November 30. According to earlier rulings, Egea Acque is entitled to a sum of 69 million, including 6 million in adjustments, as the final step before the re-municipalization of water services.
The loans, crucial for the city, are necessary because Cuneo is in the final phase of the water service re-municipalization process. The city's mayor, Patrizia Manassero, stated that the city is in the final phase, awaiting the disbursement of loans from financial institutions. She expressed hope that this defense could be the final one regarding the water issue.
Cogesi and Ato 4 will defend their position in response to Egea's appeal, marking another defense in the ongoing water issue. However, the name of the defender representing Cogesi and Ato in the water issue context is not publicly available.
If granted, the suspension would freeze the process, potentially delaying the re-municipalization of water services. It is currently unclear whether Cogesi's management will respond to Egea's appeal.
The re-municipalization of water services, if successful, will mark a significant milestone for Cuneo. The city's residents have been eagerly awaiting this development since the referendum on the issue was held 14 years ago.
This article will be updated as more information becomes available. Stay tuned for further developments in this ongoing story.
