Herceg Novi – The preparational works for the construction of the tourist – suite lodgment Cape Mimoza(MIMOSA), on Kobila (MARE), have started yesterday, and they are in the hands of a mixed company DOO “Kruso” from Herceg Novi. It is planned that in the next 40 days the terrain should be fenced and cleaned, and the streets, which for a long time have not been used, prepared for traffic of trucks.
Firm “Cyvas General Trade Ltd” from Moscow with 85% of stock shares is the major owner of the firm “Kobila Corporation – Rt Mimoza” AD Herceg Novi. The Municipality Herceg Novi participates with 10, and Sea Welfare with 5% of the capital funds.
Project, in which, as it was announced, there will be 170 millions of euros invested is considered to be the biggest investment in the Municipality.
The project was in the focus of publicity for several times because of its postponing of construction, but even more because of the delay of payment for the compensation for arrangement of the city construction land.
There was also a doubt that the ex president of the Municipality Djuro Cetkovic has signed a damaging contract about the advanced payment of the compensation for the decoration of the land for the first phase of the hotel – tourist complex on Cape Kobila (MARE), applying the illegal decision about that tax.
Herceg Novi police has submitted to the general state prosecutor a criminal charge against Cetkovic because of the doubt that, while he was performing that function, in May 2004, he abused his official position, and damaged the Municipality for 4,2 millions of euros.
The municipality, according to the present contract, in the next 5 years, on behalf of the construction permit should collect 3,2 millions of euros. Until now, from the 1, 8 millions of euros, predicted by the contract, only 900.000 has been paid in, even though, according to the unanimous conclusion of the committee members of the Local Parliament of Herceg Novi, the investor was threatened that if until February 2006 he doesn’t pay in all his duties, the contract will be broken.