Santa Marta Receives a Water Company in Critical Condition from the State: Million-Dollar Liabilities Threaten Rescue

Santa Marta's municipal water and sewage company, Essmar, is facing a severe financial crisis, described by the mayor as being in "intensive care." The company's substantial debts and financial liabilities are casting a shadow over its potential rescue and the future of water services in the city.

Mayor Rafael Martínez claims to have a plan to revitalize Essmar. However, members of the City Council have voiced strong concerns, warning that the company's "million-dollar liabilities" could jeopardize the entire recovery effort. The scale of the debt raises questions about the feasibility of any turnaround strategy and the city's ability to ensure consistent water provision.

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having a plan to recover it

The situation highlights a critical juncture for Santa Marta, where the financial health of its essential utility provider is directly linked to the well-being of its citizens. The council's apprehension suggests a deep-seated problem that may require more than just a new management plan to resolve, potentially impacting the city's development and public services.

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the liabilities could be a problem for water in Santa Marta