MERGED: Mandaue News

[M@rv|n]

lain nasad ni!!!
please mga taga mandaue pag mata namo oi!!!

============
Mandaue to get P20M loan for summit expenses

JUST a week after the signing of Mandaue City’s P379-million loan with the Development Bank of the Philippines (DBP), Mayor Thadeo Ouano again wants to borrow another P20-million for the city’s expenses for the Association of Southeast Asian Nations (Asean) summit.

But the City Council and the committee on local finance are still studying the necessity for another loan to support the summit expenses.

Ouano furnished the City Council last Tuesday with the list of projects for the summit, costing P18.7 million.

http://www.sunstar.com.ph/static/ceb....expenses.html

[Labrador]

sus kano si ba-o na mayor when kaha ni ma ubsab.

[nab_uang]

ohh hala compyuta ninyo pilay comisyon ani....

================================================== ===================================

Mandaue okays proposed budget on first reading
Mitchelle L. Palaubsanon
The Freeman
10/18/2006

The Mandaue City council yesterday approved on first reading the proposed P633 million annual budget for 2007 which is higher than this year's budget by P30 million.

City Councilor Wenceslao O. Gakit, who is the committee chairman on finance, budget and appropriations, said the proposed budget has been referred to his committee for recommendation.

Of the P633 million, the biggest chunk would go to the General Fund with an appropriation of P528 million, higher by P25 million than this year's figure of P503 million.

An appropriation of P50 million will be allocated for the 20 percent Development Fund, P25 million for the city's hospital, P12 million for the city's slaughterhouse, P17 million for the city's market, and P1million will go to the city's Sports Complex.

Gakit, the proponent of the proposed ordinance said that the appropriations were necessary in order to meet the expenditures of the city next year.

Gakit added that no amount appropriated for one item under this ordinance shall be available for the payment of obligations pertaining to another item and any amount of the surplus from the appropriation of any item herein shall, at the close of fiscal/calendar year 2007, automatically revert to the city's general fund, market or slaughterhouse special accounts, as the case may be.

[Labrador]

daku-a ug comisyon oi

[sinsiyo]

ang update kay false hope ... governo kaau ... gi process pa, gipalig-on pa, etc. panang alibi .... i really doubt
======
Monday, September 25, 2006
Mandaue cops strengthening case v. robbers

THE Mandaue City Police Office (MCPO) is still pursuing leads to strengthen its case against the suspects who robbed and killed bank manager Narciso Damole last Tuesday.

That, as the 72-hour deadline given by Mayor Thadeo Ouano to MCPO Director Eduardo Catabas to solve the case lapsed yesterday.

Catabas, however, already submitted a report to update Ouano on the investigation. The report included the suspects’ names.

http://www.sunstar.com.ph/static/ceb.....robbers.html

going back to this issue, unsa nman ang updates ani? it has been almost a month over.mgsuno2 man ni Osmena nga layo ra kaayo cya. Mayor Ouano be firm with your decision if you say 72 hrs it should be 72 hours...

[lestat1116]

hahay.. unsaon nalang ni ang mandaue...

[M@rv|n]

sinsiyo: hahaha 72hrs daw ... wala pa tingali cla kahuman ug type sa warrant of arrest aron papermahan sa judge hehehe

[lestat1116]

mandaue is building their own cicc"public market" 400+m ang market. 100m para sa base ani

[sinsiyo]

@marvin: basin wla sad cla typewriter pra sa warrant?

asa man sad na dapit nila ibutang?itupad sa cicc?

[omad]

so what's new.....
__________________________________________________ ______________________________________
Thursday, October 19, 2006
Mandaue’s loans triple in just 1 year

MANDAUE City’s loans have tripled, growing from P231.72 million to P708 million, in a span of one year.

The loans were mostly for the construction of the new public market and the implementation of the solid waste management program and other projects.

With loans amounting to over P700 million, the Mandaue City Government has doubled its budget for loan amortizations in the proposed 2007 annual budget.

The annual budget, approved on first reading last Tuesday, has allocated some P100 million for the payment of loans alone.

The budget for loan amortization was increased, in anticipation of the release of the new P379 million-loan for the completion of the new public market.

Data from Councilor Wenceslao Gakit shows that, as of September 2006, the loan with the Land Bank of the Philippines amounted to some P153.79 million, excluding some P68 million for the phase 1 of the new public market.

The Mandaue City Council recently authorized Mayor Thadeo Ouano to enter into a P379-million loan agreement with the Development Bank of the Philippines (DBP) to fund the completion of the Mandaue City Public Market.

The City also has a P97 million-loan with DBP for the implementation of the solid waste management program.

The City entered into a loan agreement with DBP last year for the purchase of color-coded bins and compactor trucks from a foreign supplier.

The City also has a loan worth some P10.39 million for the construction of the North Bus Terminal, implemented during the term of former mayor Alfredo Ouano.

As of June 15, 2005, the City’s total loans with LBP and the Mutual Development Fund of the Department of Finance reached P231.72 million.

The amount was used to fund the construction of the Cebu North Bus Terminal, public market, Mandaue City Livestock and Poultry Complex and some road widening projects.

In the 2006 annual budget, the City only allocated about P57 million for loan amortization.

full story
__________________________________________________ ______________________________________