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

[marckie258]

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ayaw na ninyo og daug-dauga c atan og c mary ann oi.
nindot biya kaau ni ilaha pagka partner kay puro mga "MAOT OG NAWONG"
kung mao ni sila ang modaug dli na mag problema og mascot ang cebu.
HAHAHAHAHAH...

[st.anger]

Atan-Mary Ann tandem?

kinsa man ni sila? hehehehe

[marckie258]

Atan-Mary Ann tandem?

kinsa man ni sila? hehehehe

mao unya ni ang mga bag-o na mascot sa Cebu.

[cebulifer]

waaahhh... I hope they just run for congress na lang! lawgaw na kaayo ang mayor race oi!!!

kinsa pa man mudagan bah?

[sharkey360]

From the archives

ASPIRING Cebu City mayor Mary Ann delos Santos will immediately “return” the 240-hectare South Road Properties to the National Government, if she wins in the election.

Delos Santos said yesterday that she doesn’t mind whatever repercussions her planned move will have on the City’s economy and credit standing, but she doesn’t want to shell out P1.7 million a day for debt servicing alone if she becomes mayor.

The amount, she said, should be used to deliver basic services in health, housing and education.

But for Mayor Tomas Osmeña, Cebu City needs the SRP because it cannot rely on taxes alone to fund the programs and projects that 10 various sectors asked for during a candidates’ forum yesterday.

Osmeña and delos Santos faced separately representatives of the business, migrant wor-kers, vendors, farmers, fishermen, urban poor, children, youth, persons with disabilities and elderly sectors during the People’s Forum 2007.

When asked by a farmer what she intends to do with the SRP, delos Santos said she will ask for the suspension of loan payments as soon as she is elected mayor.

“I will ask for the suspension of payments then atong iuli ang SRP sa National Government. After all, it’s already there and the City can still benefit from it. But we’ll let the National Government assume responsibility for the loan,” she told some 100 representatives of different sectors.

Even if the SRP is turned over to the National Government, delos Santos is confident the City can still earn and benefit from it through jobs generation, “because they cannot physically remove the reclaimed land.”

“The bottom line of all your concerns is money…. It’s better to put a stop to the debt that is costing P1.7 million a day, that can still save the City of Cebu. Nganong ato man gyung ipugos? I will not engage in business in behalf of the City in relation to the SRP,” she continued.

Virgilio Crystal, who represented the Cebu Chamber of Commerce and Industry (CCCI), told delos Santos that services can be provided if she waits for the SRP to start earning.

“What will I do? What will happen to my promises here if I have a P1.7-million debt to pay every day? That’s true, we can fund the services granting that the SRP can be sold but with the ongoing case, it can’t be sold,” delos Santos added.

Tinago Barangay Captain Joel Garganera filed a case recently asking the court to stop city officials from marketing, selling, disposing of or leasing the SRP, saying the property is a public domain and is therefore not owned by the City Government.

“Then perhaps you can just talk to your people and tell them to withdraw the case,” Crystal told delos Santos during the open forum.

In an interview after the activity at the Eduardo Aboitiz Study Center, the businessman warned delos Santos of the repercussions of her planned move, which he said will be damaging to the City’s economy.

“We look at the SRP in a way businessmen would, you just gamble.

In any business, there’s a gestation period, it takes time to get the desired income. If we stop paying for the loan, the credit standing of the City will go down and you can’t get loans in the future,” Crystal said.

He also agreed with Osmeña that taxes are not enough to support the City’s project and programs.

At the start of the forum, the mayor said he is willing to face the issues on the SRP squarely.

The SRP, he said, is another income source other than taxes, which the City can tap for improved services.

“I’ll face it squarely. The issue on whether services have been sacrificed because of the debt payments for SRP is something I’m willing to challenge,” he said.

Despite the P500 million in loan payments a year, the City has managed to provide P5,000 in burial assistance, buy brand new police cars and implement projects in the barangays.

“What’s the logic behind the SRP? So we can own the property. Naa tay yuta, naa tay kwarta. We have to find ways to be self reliant financially so we took steps. Tinood gaagwanta gyud ta pero naay kwarta,” Osmeña added.

Source - Sun.Star Cebu - Mary Ann for returning land to National Government; Tomas says Cebu City needs the project

[W.Axl Rose]

based sa akong nahinomdoman, ingon siya na "i turn over nalang daw ang SRP sa national government kung siya mahimo og mayor kay hadlok daw siya ma bangkarote ang Cebu..... ". Og diha siya nahagbong kay wala man makakita sa value sa SRP..

hahaha kataw man lang ta ani maryann hadlok ka responsibility inday kun mao nang kalakiha ayaw na lang pagmayor , unsa man imo gusto sitting pretty

[wise_zech]

naa nasad ni ilang mga maayong saad unya wla'y nabuhat kutob lang sa istorya....hahay kani jud mga taas kaau ambition nga mga politico.....ambot lang ninyo

[LytSlpr]

don't forget, GSIS, CSBT, JV's provincial lots, CentCom (Camp LapuLapu), private resort sa south,

wa pa ta kahibaw, basin tip of the iceberg ra ni.

luoy kaayo ang cebu, ang mga osmena built the titanic (cebu) unya mamo-mo lang sa iceberg (garcias) unya mo-sink to the bottom of the deep blue sea.

and will be known as the great city that was... just like atlantis.

[Leartes]

HAHAHAHAHA... asta gani mga garcia mo take over pud sa SRP kay para daw sa CEBU ma lambo... nya maoy numero uno na nag saway2x sauna!!!!

[gikapoy]

mura mana sauna nga ang garcia cge saway sa SRP nga bird sactuary ug parking lot sa gi pang tow

awa ragud hadlok maka bayad.. klaro nga hadlok ug responsbilidad
awa ang gibuhat ni tomas sa SRP
kung naa na mga buildings diha.. maka tabang napud na sa employment ug income sa cebu city