Guayaquil council grants 50-year lease of Colegio Ana Paredes to arts university

The Concejo Cantonal de Guayaquil approved a 50-year lease of the central building of Colegio Ana Paredes de Alfaro to the Universidad de las Artes. The decision transfers a public asset to a university, likely for cultural and educational use. The move is a local political decision with potential implications for urban development and education in Guayaquil.