MERGED: South Road Properties (SRP) News, Issues, and Developments

[vw_rider80]

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^^nice one.

dili mi ganahan ni tomas tungod kai opaw siya or something. we like him because he runs cebu better than the other garcia nga wala jud tawn no-how. mura to siya og "yes man", sige lang yango sa kada hangyo. hihihi OT na ni dah.

now back on topic - wala jud japon labot si Pablo sa SRP oi, gusto lang na niya gamiton para mo sikat kai kahibaw siya daghan tawo ma intriga once na iya na hilabtan. nya mailhan dayon sila sa mga tawo this coming election. sakto ba na nga mag sugod ka investigation sa usa ka butang para lang maka benefit ang imo ra kauglingon? unya in the expense na ma sacrifice ang kalambu.an og kaugma.on sa pag panarbaho? kamo nalang timbang2x ani og pila ka jobs ang ma generate inig boom sa srp.

[giddyboy]

How sure are you? We're big family here in cebu and pure cebuanos.Ubay2x bohol sad tawn ming mga botante pamilyaha and i'm very sure dili ra pud kami ang dili ganahan ana nila daghan pud unya moingon ka less 3 votes ra from us this coming election?We're one of those (referring to our whole family clan)nga dili ganahan sa mga Garcias and we have our own reasons why dili mi ganahan nila.And DILI mi mobotar ana nila whatever.Aw ikaw kay molaban man gyud ka nila pero you have the right also nga mo defend ka nila kay para nimo maayo man kaha na sila.We don't care kung kadaug na sila basta kami dili lang jud mi botar ana nila.If makadaug na sila usab well, "CONGRATULATIONS" in advance para nila.We're not voting for a certain politician just because daghan ang mobotar ana nga certain politician. Each and everyone of us has our own reasons why di ta mobotar ana nga certain candidate and we have our own views and points.That's why there's an election for us to choose whom to be our good leaders.Kung ang among gusto botaran mapilde, that's fine with us.Naa man jud mapilde naa pud maka daug.

akong pasabot bah Gwen or her allies surely will have 3 less votes from you (cmac, mexicanlady, and raboy50) next election. mao rana.

[giddyboy]

nidaog si garcia for pila ka terms tungod kay wala man laing lig on nga kontra gud...asa naman to si Lito Osmena kadaghan raba unta ato ug mga planong project para sa sugbo.

hahaha. u don't think the Martinezes and Osmenas dili lig-on pud? AFAIK, c Tining Martinez ang kabangga ni Gwen sa first election nya c John2x O sa 2nd.

don't tell me otherwise...

btw, c Lito O nibalik na pgka private citizen since he lost the Presidential election a long time ago. nya nasakit pud cya hangtod karon. if im not mistaken, he's into chemo therapy.

and Tomas? nasakit na pud.

The glory days of the Osmenas have already gone my friend...

[doydi]

mao jud pinaka corrupt jud na sila nga agency sa gobyerno

[raboy50]

hahaha. u don't think the Martinezes and Osmenas dili lig-on pud? AFAIK, c Tining Martinez ang kabangga ni Gwen sa first election nya c John2x O sa 2nd.

don't tell me otherwise...

btw, c Lito O nibalik na pgka private citizen since he lost the Presidential election a long time ago. nya nasakit pud cya hangtod karon. if im not mistaken, he's into chemo therapy.

and Tomas? nasakit na pud.

The glory days of the Osmenas have already gone my friend...

Si Ace Durano ra ang makapapahawa anang mga Garcia sa Capitol karong election basta mosupport lang sila Martinez, Yapha ug Gullas kay kauban ra na sila sa Congress kaniadto.

[mexicanlady]

Looy pud ang mga Osmena noh kay ilang mga glory days are gone. Sige lang ana man jud na masakit man jud ang tawo.Hala, sige mga Garcia inyo nang panahon ug pag tagbaw mo karon kay nangasakit nang mga Osmena.

[giddyboy]

Giddyboy: Let me rephrase that, I still won't vote for her!!! I never did like her even before!!!
Wla ko na ilad the first time!
hahahaha

well good for you...but don't insult the other Cebuanos here that voted for Gwen as intelligent voters...ayaw lng cla ingna nga nailad...

Only 3 votes less. Joker kaayo ka. Face the fact that you are being sarcastic. You are in a Cebu forum dominated mostly by Cebu City residence and BOPK loyalist, so accept the fact that pildi ka ani na topic/forum especially since the number of Osmena supports outnumber you 100:1.

sabta sa akong gi post before ka mo reply. what i said that surely Gwen or her allies will have 3 less votes from you (cmac, mexicanlady, and raboy50) this coming election...u even said it yourself and i just restated it. i did not mean there are others who wouldn't vote for them next election.

Kung balos ra kang Garcia, does that make her all better than Tomas if you are praising her so much for her actions Crab mentality. She can't accept the face of defeat and be a good sport about it, sad to say all she can do to back her popularity is the money from capitol funds for her publicity and support from her political family. Mura rana siya ug mayor sa usa ka city sa cebu sa una na apil garbage bin butangan ug pc, true, it is effective to use the media to boost your popularity, but credibility, mas maayo pa iya papa (Pablo Garcia) kay daghan gyud na accomplish by himself and himself only w/ minimal publicity.

let's put this in proper perspective...I am praising Gwen for her accomplishments but i am not putting a blind eye to the controversies surrounding her. That goes the same to Tomas too.

don't get me wrong...it's not about who is better than who.

At least si Tomas genuine and pranka dli magpa sikot sikot and palaban.

hahaha. tell it to the marines!!! palaban lage, but pranka ug walay sikot2x ba diay nang dili gyud motug-an sa real deal w/ FLI? it's even said that Tomas is a master on "SQUID TACTICS"...kabalo ka unsa na? LOLs

The Council and VM Rama won't reply to the accusations because they know na balihon rana sila and i-twist ang story. So waiting for Tomas' return is not such a bad move. Can you recall the saying "The lesser you talk, the lesser mistakes you say." and "Actions speak louder than words."

The Council wont reply to the accusations against the FLI deal ky maglisod gyud cla ug tubag...mao nay tinuod....actions speak louder than words as u say...

Those councilors who are lawyers will have a hard time defending the agreement, because they are afraid of Osmeña.

Though how big the land area of the province is, the provincial capitol's project is so minute compared to the SRP by economic standards.

op kors, but they didn't get a big loan from Japan for their projects...
anyways, usa ra gyud ang clear: The SRP will be Tomas' biggest legacy for Cebu.

Again, economics 101: How do you entice people to buy your land..."Sell them first at 30,000 pesos per sq. meter or at a reasonable/affordable amount of 10,000?" Even Robinsons, SM and Ayala napildi sa bid sa FLI kay ang FLI ang pinaka colorful sa tanan offers. It's as simple as pa pilion ka asa imo, Toyota Altis or Toyota Fortuner. Besides, sa tanan ni bid na nga pildi, ang Capitol pagyud cge complain!!! They don't have the right and they are using tax payers money to get by their everyday ranting.

that's exactly among the points raised why the FLI deal is putting the gov't at a great disadvantage. If it was assessed at 20-30K/sqm, so it has to be sold at 20-30K/sqm!!! not half the price!!! it's like selling your Fortuner at the price of an Altis! sugot ka ana? LOLs (that's how to think economics 101 my friend) 10K is not even called reasonable!!!

The issues raised by Capitol against the FLI deal are very much valid and is becoming a very serious and compelling one day after day and cannot anymore be dismissed as only a ranting of a political foe...wake up!

[giddyboy]

now back on topic - wala jud japon labot si Pablo sa SRP oi, gusto lang na niya gamiton para mo sikat kai kahibaw siya daghan tawo ma intriga once na iya na hilabtan. nya mailhan dayon sila sa mga tawo this coming election. sakto ba na nga mag sugod ka investigation sa usa ka butang para lang maka benefit ang imo ra kauglingon? unya in the expense na ma sacrifice ang kalambu.an og kaugma.on sa pag panarbaho? kamo nalang timbang2x ani og pila ka jobs ang ma generate inig boom sa srp.

please remember that if not for Pablo John, the SRP would have been realized 5 yrs from now pa, or worse, never jud....remember the SC decision?

the issues raised by PJ on the FLI deal are very much valid and cannot be dismissed anymore as just a ranting of a political foe...

gusto diay mo nga ma pushed thru ang FLI deal nya later on na ma found out nga it puts diay the gov't at a great disadvantage? You cannot right a wrong with another wrong my friend...

it's like tolerating the plunderings of Erap and pretend to be blind nlng...

[giddyboy]

ANG SRP/FLI DEAL: Giluto sa kaugalingong mantika (Cooked in its own oil).

I'm posting here articles not from Sun.Star ha...ky moingon nya mo dili credible and all those BS...

City, FLI to blame if inquiry spoils deal
philstar.com
Updated April 02, 2009 12:00 AM

CEBU, Philippines - Should the controversial Joint Venture Agreement between the city and Filinvest Land Incorporated for development of some portions of the South Road Properties be terminated as a result of a House inquiry, Third District Rep. Pablo John Garcia said the city and FLI only have themselves to blame.

“If the House Inquiry will lead to the termination of the agreement, dili tingali si Congressman Pablo John ang sad-an niini kun dili ang naghimo niini (agreement). Kinsa man ang nagsuwat sa maong provision? Dili man ang kapitolyo, dili man ang congressman kun dili sila ra,” Garcia said.

full article:
City, FLI to blame if inquiry spoils deal | The Freeman >> The Freeman Sections >> Cebu News

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SRP deal heads for showdown: Barbs fly on FLI
philstar.com
By Garry B. Lao and Rene U. Borromeo and Ferliza C. Contratita Updated April 03, 2009 12:00 AM

CEBU, Philippines - The joint venture agreement between Cebu City and Filinvest Land Inc. is keeping both city and provincial officials busy.

Cebu 3rd District Rep. Pablo John Garcia, who believes the deal is anomalous, cites similarities with the controversial Philippine International Air Terminals Corporation (PIATCO) contract for the construction of Ninoy Aquino International Airport Terminal 3.

According to Rep. Garcia, the Supreme Court voided in the case of Agan Jr. versus Piatco as contrary to public policy because there was a question on Concession Agreement as it contained material and substantial amendments that deviated from the original terms that makes it an entirely different contract from the subject of the bidding.

While the officials from the province are pointing out the problems, the city officials are also busy parrying the accusations and saying that everything is above board.

full article:
SRP deal heads for showdown: Barbs fly on FLI | The Freeman >> The Freeman Sections >> Cebu News

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City officials warned on Cebu SRP tax deal
cebugoldstardaily.wordpress.com
Posted by ruelpelone on April 4, 2009

By CHRISTIAN WAKEFIELD, Reporter

CEBU third district Rep. Pablo John Garcia warned Cebu City Acting Mayor Michael Rama, city councilors, and other officials that they could be held liable for malversation should it turn out that titles to two hectares of lot at the South Road Properties (SRP) were indeed already transferred to Filinvest Land Incorporated (FLI).

Garcia claimed the transaction is in violation of Commission on Audit (CoA) rules regarding payment of taxes and incidental expenses in the sale of government-owned lands.

Under Section 23 of the joint venture agreement between FLI and the Cebu City Government, the city allegedly bound itself to pay “all capital gains taxes and documentary stamp taxes, as well as survey fees and other expenses accruing in the sale and transfer” of the 10.6 hectare property acquired by FLI by outright purchase.

“This is in flagrant violation of Section 197 of COA Circular No. 92-386 that provides that expenses to the registration and transfer of ownership from the local government to the vendee shall be borne by the vendee,” said Garcia.

full article:
City officials warned on Cebu SRP tax deal Cebu Gold Star Daily

[raboy50]

ANG SRP/FLI DEAL: Giluto sa kaugalingong mantika (Cooked in its own oil).

I'm posting here articles not from Sun.Star ha...ky moingon nya mo dili credible and all those BS...

City, FLI to blame if inquiry spoils deal
philstar.com
Updated April 02, 2009 12:00 AM

CEBU, Philippines - Should the controversial Joint Venture Agreement between the city and Filinvest Land Incorporated for development of some portions of the South Road Properties be terminated as a result of a House inquiry, Third District Rep. Pablo John Garcia said the city and FLI only have themselves to blame.

“If the House Inquiry will lead to the termination of the agreement, dili tingali si Congressman Pablo John ang sad-an niini kun dili ang naghimo niini (agreement). Kinsa man ang nagsuwat sa maong provision? Dili man ang kapitolyo, dili man ang congressman kun dili sila ra,” Garcia said.

full article:
City, FLI to blame if inquiry spoils deal | The Freeman >> The Freeman Sections >> Cebu News

---000---

SRP deal heads for showdown: Barbs fly on FLI
philstar.com
By Garry B. Lao and Rene U. Borromeo and Ferliza C. Contratita Updated April 03, 2009 12:00 AM

CEBU, Philippines - The joint venture agreement between Cebu City and Filinvest Land Inc. is keeping both city and provincial officials busy.

Cebu 3rd District Rep. Pablo John Garcia, who believes the deal is anomalous, cites similarities with the controversial Philippine International Air Terminals Corporation (PIATCO) contract for the construction of Ninoy Aquino International Airport Terminal 3.

According to Rep. Garcia, the Supreme Court voided in the case of Agan Jr. versus Piatco as contrary to public policy because there was a question on Concession Agreement as it contained material and substantial amendments that deviated from the original terms that makes it an entirely different contract from the subject of the bidding.

While the officials from the province are pointing out the problems, the city officials are also busy parrying the accusations and saying that everything is above board.

full article:
SRP deal heads for showdown: Barbs fly on FLI | The Freeman >> The Freeman Sections >> Cebu News

---000---

City officials warned on Cebu SRP tax deal
cebugoldstardaily.wordpress.com
Posted by ruelpelone on April 4, 2009

By CHRISTIAN WAKEFIELD, Reporter

CEBU third district Rep. Pablo John Garcia warned Cebu City Acting Mayor Michael Rama, city councilors, and other officials that they could be held liable for malversation should it turn out that titles to two hectares of lot at the South Road Properties (SRP) were indeed already transferred to Filinvest Land Incorporated (FLI).

Garcia claimed the transaction is in violation of Commission on Audit (CoA) rules regarding payment of taxes and incidental expenses in the sale of government-owned lands.

Under Section 23 of the joint venture agreement between FLI and the Cebu City Government, the city allegedly bound itself to pay “all capital gains taxes and documentary stamp taxes, as well as survey fees and other expenses accruing in the sale and transfer” of the 10.6 hectare property acquired by FLI by outright purchase.

“This is in flagrant violation of Section 197 of COA Circular No. 92-386 that provides that expenses to the registration and transfer of ownership from the local government to the vendee shall be borne by the vendee,” said Garcia.

full article:
City officials warned on Cebu SRP tax deal Cebu Gold Star Daily

Ang selling price sa COA ana nga lot sa SRP is 12,000/sq.mtr.ra, unya gibaligya sa City ngadto sa FLI ug tag 15,000/sq.mtr.so nakaganansya ang city ug 3,000/sq.mtr kwentaha pila ganansya sa city di ba 60,000,000.00 pesos kana sa 2 hectars ra na unya less sa capital gain tax nga gibayad sa city nga 20,000,000.00 pesos di ba ang ganansya sa city is 40,000,000.00 ,, mao ba na ang giingon ni Pablo nga disadvantageuos sa City ang contrata sa FLI?