The reimbursement made by the environmental authority amounts to the sum of $8.295.601.208

Complying with the IPSO IURE termination of the Inter -administrative Agreement 008 SUBSCRIBED WITH ACUAVALLE S.A E.S.P, el 20 de junio de 2008, Corpoguajira issued the Resolution 01458 the 5 August 2011, through which the reimbursement of the resources transferred to the Corporation is authorized, under the agreement 0221 of 2007 signed with the Government of La Guajira.

The resources allocated by the Department were $16.000 millones, of which were transferred to Acuavalle $7.500 millones, of this figure were justified $2.992.032.390, corresponding to the execution of works to comply with the purpose of the agreement.

Likewise, Corpoguajira made the payment of the audit for the value of $999.835.755

Due to Acuavalle's failure to deliver the final projects agreed in the agreement, Corpoguajira recognized its termination ipso iure, Additionally, he ordered its liquidation and declared its non-compliance by the Valle del Cauca Aqueduct and Sewage company..

As a result of the above, they rested in the coffers of the Corporation, $7.500.164.245 plus their respective financial returns, less the financial expenses caused by the agreement, Therefore, Corpoguajira reimbursed these resources, which amount to the sum of $8.295.601.208.

The missing resources will be transferred to the Government of La Guajira, when the refund made by Acuavalle takes effect in accordance with the liquidation carried out unilaterally by the Corporation, for which the highest environmental authority ordered the pertinent legal procedures to be carried out, including the application of coercive jurisdiction, to achieve the reimbursement of the money that Acuavalle must make.

The agreement signed was with the objective of increasing the coverage of water and sewage services and consequently reducing the morbidity and mortality rates associated with the environmental problems of 20.231 habitantes – non-dispersed rural population of the Department of La Guajira; which was carried out within the framework of Agreement No.. 221 of 2007, signed between the Government of La Guajira and this Corporation.

Through this agreement, Corpoguajira was obliged to the Department of La Guajira to structure the administrative and legal mechanisms necessary for the execution of the object..