ACT 193 OF 1995

(June 29)

Official Journal No. 41,910 of 29 June 1995

for which the acquisition of real estate for the purpose of urban renewal is declared to be of public interest and social interest.

THE CONGRESS OF COLOMBIA,

DECRETA:

ARTICLE 1o. For reasons of public utility and social interest, the acts leading to the implementation of plans or projects for urban renewal in the sector of the city centre of Barranquilla, located in the Industrial and Harbour District of the same name, in the area between races 46 and 45C and streets 34 and 34B of its present nomenclature, which integrate the real estate distinguished with the Real Estate Matricas numbers 01-02-068-0002 and 01-02-0680001 which, respectively, are or were owned by the Bank of the Republica-Concession Salinas and the National Federation of Cafeteros.

For the purposes of this article, they are understood by plans or projects of urban renewal, all those aimed at ending the urban processes of physical and environmental deterioration, recovery of the public space, traffic congestion vehicle and pedestrian, by relocating the settlements of stationary or street vendors, in premises suitable for the exercise of their commercial activity in conditions of legal and economic formality.

PARAGRAFO. The planned relocation here will be based on a rigorous census of the current stationary or street vendors, conducted by the Industrial, Commercial and Port District of Barranquilla.

ARTICLE 2o. The Harbour Industrial District of Barranquilla or one of the decentralized entities of the district order, will acquire with the contest of the Nation or some decentralized entity of the order national, the object of which is compatible with the purposes of this Law, the properties located in the area described in article 1or. of this Law for the implementation of urban renewal plans or projects defined in that article, directly or through any form of association with public or private persons or entities.

In compliance with the provisions of this article, the acquisition of the property referred to may be made, as appropriate, in accordance with the procedures provided for in Article 11 of Law 9a. of 1989 and other concordant, reforming and complementary rules of that law.

ARTICLE 3o. This Act governs from the date of its publication.

The President of the honorable Senate of the Republic,

JUAN GUILLERMO ANGEL MEJIA.

The Secretary General of the honorable Senate of the Republic,

PEDRO PUMAREJO VEGA.

The President of the honorable House of Representatives,

ALVARO BENEDETTI VARGAS.

The Secretary General of the honorable House of Representatives,

DIEGO VIVAS TAFUR.

Republic of Colombia-National Government

Publish and execute. Dada en Santafe de Bogota,

D. C., as at 29 June 1995.

ERNESTO SAMPER PIZANO

The Minister of Finance and Public Credit,

GUILLERMO PERRY RUBIO.

The Minister of Economic Development,

RODRIGO MARIN BERNAL.