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The Bacolod Sangguniang Panlungsod yesterday passed two resolutions
for a special session to be held in the morning of April 20 to discuss
technical matters concerning the proposed government center for
Bacolod City, and another session in the afternoon to discuss the
financial aspect of the project.
The resolutions were proposed by Councilor Lyndon Caña.
The SP will invite to the 9 a.m. session the City Administrator,
the City Planning Officer, City Engineer, City Accountant, Bacolod
Traffic Authority, the principal and alumni of the Bacolod City
National High School, and representatives of the Department of Education,
Bacolod City College, City Health Office, Department of Interior
and Local Government, and the business group for the purpose of
shedding light, or to answer queries of the SP members on the proposed
project to be set up in Brgy. Taculing.
In the afternoon the SP will invite City Administrator Lorendo
Dilag, other officials of the city, and representatives of the Land
Bank of the Philippines, Philippine Veterans Bank, Philippine National
Bank, and Development Bank of the Philippines to take up possible
loan agreements between them and the city.
To be discussed during the morning session, Caña said, are
the technical aspects of the project like the cost in relation to
the development of the site, traffic, flooding and drainage, and
what will happen to the BCC and City Health Office.
In the afternoon the session will concentrate on the mode of
payment, how the city will amortize the loan, and what projects
will be affected if several millions will be used to pay quarterly
or annually the loan for the project.
Councilor Al Victor Espino has requested the City Administrator
to provide advance copies of the loan proposals of the banks for
the SP members to study.*CGS
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