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Bacolod City, Philippines Saturday, January 27, 2007
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Groundbreaking of
new COA building held

Gov. Joseph Maraņon yesterday led the groundbreaking ceremony of the Commission on Audit Provincial Satellite Auditing Office at the corner of V. Gatuslao Street and South Capitol Road, Bacolod City with COA commissioners Reynaldo Villar and Juanito Espino Jr.

A Deed of Usufruct states that the provincial government will allow the COA to use its 1,000 square meters property for its building for 50 years. Villar said the initial release for the two-storey COA building will be P9 million but its total cost will be about P15 million.

Espino said work will start in two weeks and they hope it will be completed before December.

The satellite office will make the COA operations more efficient and more independent of their current host-audited agencies, Villar said.*

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