Feb 11 • 21:42 UTC 🇧🇷 Brazil G1 (PT)

São José dos Campos City Hall sanctions loan of up to R$ 225 million with BNDES

The City Hall of São José dos Campos has authorized a loan of up to R$ 225 million from BNDES to fund various modernization projects.

The City Hall of São José dos Campos has approved a complementary law allowing the municipality to take a loan of up to R$ 225 million from the National Bank for Economic and Social Development (BNDES). This decision was published in the official gazette, highlighting the administration's plan to enhance public services and infrastructure. The financed projects include creating a digital relationship platform for citizens, modernizing health systems, building electric bus charging stations, and expanding the Security and Intelligence Center's services.

Although the law does not specify the terms of the loan, such as the interest rates and repayment schedule, it indicates that the financial resources will be allocated between 2026 and 2028. The total expenses projected for the execution of these projects are approximately R$ 225 million, with a significant expenditure expected in 2026, estimated at slightly over R$ 103 million. These figures suggest a substantial investment into the city's future, aimed at improving the quality and efficiency of municipal services.

To secure the necessary funding, the law permits the municipality to link constitutional revenues as collateral for the loan. This financial strategy reflects the government’s commitment to leveraging available resources for the betterment of community services and maintaining fiscal responsibility. The outcome of this loan will likely be watched closely by residents and officials alike, as it represents a strategic push to modernize and enhance public infrastructure in São José dos Campos.

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