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'City
has not closed doors
to BREDCO renegotiation'
BY CHRYSEE SAMILLANO
Secretary to the Mayor Roger Balo yesterday said renegotiation
between the city and the Bacolod Real Estate Authority is still
a possibility if the Sangguniang Panlungsod cannot act on the takeover
option.
Bacolod Mayor Evelio Leonardia said he believes this is not a
closed case, Balo said. Without preempting the action of the SP
members, going back to renegotiation table is still a possibility
if they cannot decide on the takeover option, he said. The ball
is now in their court, Balo added.
Balo said the P800,000 annual rental of BREDCO as stated in the
1995 contract should have been reviewed by the city every five years.
"I think we could not be blamed for the failure to do so by whoever
were the representatives of the city then," he said. We are trying
to correct what was wrong in the first place, he added.   
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