|  In
                    the end of Placa (Stradun) street, beside  Luža,
                    on the left side of the square centered with Orlando column
                    the monumental Gothic-Renaissance Sponza Palace found its
                    rightful place. Sponza is one of the most beautiful palaces
                    in the City, which has preserved its original form. Built
                    1516-1522, its form suggests possible appearance of the majority
                    of public and private palaces in Dubrovnik before the earthquake
                    of 1667.
 Sponza palace  derived it's name from the word for the spot
                    where rainwater was collected (Spongia-”alluvium”)
                    according to the former use of the spot it was built on.  In
                    the time of the Republic this palace housed the custom office
                    and bonded warehouse, hence it was often referred to as Divona
                    (from dogana - ”customs”).
  The Sponza
                    Palace was the seat of a number of state offices. The palace
                    also housed the mint, the bank, the treasury, and the armoury.  This complex palace was designed by protomagister (chief
                    architect) Paskoje Miličević. The project was
                    completed in 1522. It is a large rectangular building with
                    an inner courtyard. An open porch communicates with the square
                    in front; another porch opens on the first floor in front.  The building is a mixture of Gothic and Renaissance styles,
                    which was typical for the conservative Dubrovnik Republic
                    of those times.  The porch and the sculptural ornaments of the building
                    were made after 1516 by the brothers Andrijić,
                    masters from Korčula,
                    and by other less known stone-cutters.   A
                    beautiful medal with Jesus' monogram and 2 angels was carved
                    by the sculptor Beltrand Gallicus on the back wall.
 Individual
                    custom bonded warehouses have names of saints inscribed in
                    capital on the arch of the atrium from which a balance was
                    suspended.  The
                    fact that the city measures were true is captured on the
                    inscription on the arch:   FALLERE
                    NOSTRA VETANT; ET FALLI PONDERA: MEQUE PONDERO CVM MERCES:
                    PONDERAT IPSE DEVS (Our weights do not permit cheating or
                    being cheated. When I measure the commodities the Lord measures
                    with me.) The Sponza Palace was not damaged in the earthquake of 1667
                    and this fact probably saved the Dubrovnik Republic.
                    Affairs of state could continue notwithstanding heavy destruction.  Members
                    of the Academia dei Concordi founded at the close of 16th century
                    by the group of poets, met in the large hall of the first
                    floor. That was Dubrovnik's first institution of literary
                  life.  Nowadays the Sponza Palace is the home of the most
                    important cultural institution of Dubrovnik - the archive.
                    The archive found its home on the first floor.  Sponza palace has a unique role during the special opening
                    ceremony of  the Dubrovnik Summer Festival. Actors inpersonating
                    the Rector and the members of the Council Minor sit on the
                    upper porch of the Sponza palace and greet the actors that
                    have come to the City to entertain and amuse the public with
                    their music shows and theatre plays. After many skill demonstrations
                    by the actors and a long discussion from the side of the
                    council, the ceremony always ends as the Rector grants the
                    actors free access to the City and gives them the keys of
                    the City in order for them to put up their shows and entertain
                    the public.
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