Citizens of Monreale, thanks to Mayor Toti Gullo, about 10 million euro gain from the cancellation of the contract for the construction and operation of street parking on the private Torres Caputo former administration for a period of 30 years the whole zone management fee (blue lines) here's how:
Cash provided by Caputo for 30 years € 700,000;
Cost of termination of the € 1,150,000 (payable in 5 years);
Gullo gain expected from direct management by the Administration for the next 30 years € 12,000,000, of which cashed € 300,000 in 2008.
Just do the math 12 to 1.15 million = € 10,850,000.
So at least ten million euro that instead of ending up in the pockets of individuals end up in the coffers of the municipality.
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