SENATORS DESTROYING SENATE
Bondal, Mercado willing tools for Binay demolition job
VICE PRESIDENT Jejomar Binay junked the challenge of Senator Alan Peter Cayetano to face the Senate investigation into the allegedly overpriced Makati City Hall Building 2.
In a TV interview, Cavite Governor Jonvic Remulla, Binay's spokesperson for political affairs, said the vice president is ready to answer all the allegations against him but not in the halls of Senate.
Remulla said the Senate probe only serves as a venue for "grandstanding" ahead of the 2016 presidential elections.
Both Binay and Cayetano have expressed intention to run for president in 2016.
Senator Antonio Trillanes IV, who proposed the Senate investigation, will reportedly run for vice president in tandem with Cayetano. The two senators are members of the Nacionalista Party.
MIWD loan awaits BSP opinion
By: Maricyn A. De los Santos
METRO Iloilo Water District’s (MIWD) plan to borrow money from a government bank to finance its projects will depend on the Bangko Sentral ng Pilipinas (BSP).
Dr. Danilo Encarnacion said they plan to borrow more or less P200 million from the Development Bank of the Philippines – Iloilo.
The money will be spent on MIWD’s pipeline extensions in different areas, water meters, repairs and non-revenue water reduction (NRW) projects.
The fate of MIWD’s loan application will be known next month as the BSP’s Monetary Board is set to issue an opinion on the matter.
In an interview, Jessica Juanico, DBP Iloilo branch head, said domestic government borrowings of local water districts, local government units, government-owned and –controlled corporations and state universities and colleges are subject to MB opinion under Section 123 of Republic Act No. 7653 (New Central Bank Act).
Will ‘exorbitant’ zoning fees take effect in city?
By: Wenceslao E. Mateo Jr.
AFTER the increase in real property taxes, property owners and realty brokers are hoping that the Iloilo City government will suspend the implementation of revised fees for land classification certificates.
The new fees are embodied in a newly-passed ordinance authored by Councilor Eduardo Peñaredondo.
The City Council recently passed a resolution temporarily suspending the implementation of the new zoning certification fees.
Since it is only resolution, Councilor R Leone Gerochi said Mayor Jed Patrick Mabilog can either implement or suspend the imposition of the new fees.
Landowners and brokers have been asking Mabilog to suspend the implementation of the “exorbitant fees.”