Budapest takes over nearly finished rec center
Thursday, July 26, 2012, 11:45 AM CET
The city of Budapest took over the CET project, a nearly completed recreational and commercial center in a historical warehouse district on the banks of the Danube, after representatives of the local council and the project's general contractor recorded their intent to reach an agreement on the matter, the Office of the Mayor told MTI.
General contractor WHB on Wednesday allowed the capital to take over the complex, in line with a decision by the Municipal Court of Appeals.
The court ruled on June 19 that the contractor had to turn over CET.
The move allows the local government to complete construction and open the center to visitors, the Office of the Mayor said. Unpaid sub-contractors may also get their money, it added.
CET was to have been completed in August 2010, but construction was halted last spring during the technical transfer of the complex.