Settle Dispute over Right to Operate the Tiberias Hot Springs

The dispute over the right to operate the Tiberias Hot Springs, pending for some time and preventing the awarding of a concession, was ended with an agreement entered into between the Tiberias municipality and the government.

According to the agreement the municipality of Tiberias will receive two-thirds of the income from the springs. One-sixth of the income is to go to the Waqf, which administers Moslem religious properties. The remaining sixth of the income is to go to the Education Department of the Palestine administration.

After the expiration of the term of the concession, all buildings and equipment are to become the property of the municipality.

With the entering into the agreement for the distribution of the profits of the hot springs, the case which had been brought to the Palestine High Court will be dropped. It is expected that the granting of the concession for the installation of equipment and operation of the Hot Springs will be effected shortly. An American Jewish company is expected to become the concessionaire.

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