Ribeirão Preto City Hall wants to transform the Colégio Marista building into a new administrative center. Reproduction/ Google StreetView The Ribeirão Preto (SP) City Council scheduled a public hearing for Tuesday (16) to discuss a bill that aims to transfer the City Hall's new administrative center to the building where Colégio Marista has been operating for decades. As the legislative plenary session is under construction, the meeting is scheduled for 6pm in the auditorium of the Commercial Employees Union (Sincomerciários), which is located at Rua Tamandaré, 163, in the Campos Elíseos neighborhood. The objective of the event is to debate the impacts of the project and obtain suggestions from the population. ✅Click here to follow the g1 Ribeirão e Franca channel on WhatsApp The proposal provides for an exchange of properties with the owners of the traditional school to make the new administrative center viable. It was forwarded by City Hall at the beginning of the month and is in the process of receiving amendments in the Chamber. The text is expected to be voted on by councilors by August. Last year, the same proposal had already been presented by the municipal administration, but was withdrawn for a review of the values ​​of the properties involved in the exchange. Ribeirão Preto City Hall has a new project to bring headquarters to a school building What does the proposal say The proposal foresees that the municipality will grant land located on Avenida Braz Olaia Acosta, in the south of the city, now valued at R$86.6 million. In exchange, it establishes that the City Hall will keep the property on Rua Bernardino de Campos, valued at R$57.2 million, and receive R$29.4 million as a financial return for the school. 🔎Financial payment is the term used for payment in cash to equalize a transaction that provides for the exchange of goods, such as real estate, with unequal values. READ ALSO Ribeirão Preto City Hall presents new project to transform school into administrative center City Hall wants to transform a traditional school building into a new administrative center in Ribeirão Preto City Hall asks to reevaluate project created to transform school into new administrative center of Ribeirão Preto The City Hall's objective is to install all municipal departments in the central region building. In addition to the financial compensation in favor of the municipality, the project presented by the local executive foresees that the school will build the new school on the land on Avenida Braz Olaia Acosta by January 31, 2028. The text also establishes that, in the event of non-compliance with charges or deadlines, there is an automatic return of the properties to the original owners, that is, the land transferred to the school returns to the City Hall, even if improvements have already been made. Administrative center of Ribeirão Preto The administrative center of Ribeirão Preto City Hall operates in a building on Rua Américo Brasiliense, in the Center, since Palácio Rio Branco, the former headquarters of the municipal government, was deactivated due to structural problems. In the last administration, a project worth R$175 million was contracted for the construction of a new headquarters on a plot of land in the north of the city. However, as soon as he took office as City Hall, Ricardo Silva (PSD) canceled the contract and announced his intention to take the departments to the current Colégio Marista building. The City Hall's argument is that the location, in addition to having ideal conditions to accommodate offices, is in a region that demands revitalization. See more news from the region on g1 Ribeirão Preto e Franca VIDEOS: Everything about Ribeirão Preto, Franca and the region