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The Regional Government has approved compensation of 214,400 euros to the company Atlantipetalas - Jardins, Lda. due to the partial expiration of a lease resulting from expropriation.
The Regional Government Council, through Resolution no. 558/2026, has decided to compensate the tenant company ATLANTIPETALAS - JARDINS, LDA.. This decision follows the expropriation of real estate necessary for the work on the "VR1 - Via Rapida Ribeira Brava/Machico. Reformulation of the Santo Antonio Junction and Accesses - 2nd Phase".
The compensation, in the amount of 214,400.00 EUR, aims to compensate for the partial expiration of the lease agreement for the trade of plants and garden accessories, as provided for in the Expropriation Code. The value was determined by an official expert and accepted by the tenants, with the expense covered by the budget of the Autonomous Region of Madeira.
A regional ordinance has once again rescheduled the €95,000 in costs associated with specialist design projects for improvements to Dr. Ângelo Augusto da Silva Basic and Secondary School. Payments are scheduled through 2029, plus VAT at the applicable rate.
An order revises the multiannual allocation of costs under the programme contract with Sociedade Metropolitana de Desenvolvimento, S.A., for the rehabilitation of the Praia Formosa - Socorridos Seafront Promenade. The maximum amount remains €7,828,876.35, allocated between 2023 and 2029.
The Government has awarded all three lots for the preliminary study and environmental impact assessment of new road links, with a combined contract value of €3,317,000. Each lot has a completion period of 435 days.