Road improvements and sports facilities are a few of the planned expenses in the budget projections, which anticipate the town hall's highest income ever.
The unusual occurrence was recorded on video in Marbella as severe weather begins to affect Malaga province, prompting red weather warnings in numerous locations.
The town hall has opened bidding for the project at a budget of 2.3 million euros, with the goal of marketing it as a primary venue for tourism, conferences, and exhibitions.
The entrepreneur, known for their successful brand in the 1980s, has already reached out to multiple local businesses in an effort to launch the project before next summer.
Due to the channelling of the watercourse, the nearby housing estate will receive a new sewage collector and be safeguarded against any potential flooding.