It is, or where it should be. recent screenshots and maps have sown that there is no actual city in that province, and it is not owned by a faction.
http://uk.pc.ign.com/dor/objects/958390/empire-total-war/images/empire-total-war-20090224035306213.html;jsessionid=13ikacgrh6csb
The screenshot in that link should illustrate what I mean. You can tell there is a province there though. It's all very odd.
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