Jump to content
Chapala.com Webboard

What is a concession in relation to a Fracc?


Recommended Posts

A concession agreement between the Frac and the Municipal government is a contract that stipulates the Municipality agrees to concede provision of services such as street lighting, water and garbage collection to the Frac.

The Municipality of course continues to tax properties for services they no longer have to provide. Neat eh.

SunFan

  • Thanks 5
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...