The First Joint Session for the year 2015 of the 12th Sangguniang Panlungsod and Sangguniang Barangay of Cogon was successfully conducted last Janaury 23, 2015 at the Barangay Hall of Cogon.
City Vice Mayor Jose Antonio S. Veloso led the 12th Sanggunian in digging deeper into the issues of the Barangay Cogon and devise ways on how they can help the barangay. Punong Barangay Nicanor Besas took the opportunity to relay all the pending concerns of the barangay that has been bugging them even during the previous administrations. .Six out of eight department heads/ representatives of the executive deparment led by City Administrator Edi Borja, which is so far the most number of department representatives that ever attended a joint session, were also present to share their point of view, plan the course of actions for the barangay and the city to help them in resolving the issues.
The joint session had to extended until the afternoon of January 23 because they were keen on finishing the discussion of the top 11 concerns and issues of the Cogon Barangay.
a. Issues regarding illegal reclamation in Pook Pantalan will be further discussed during the committee of the whole because of the complexity of reclamation issues and will need t touch base with the Philippine Reclamation Authority and DENR.
b. The SP recommended to create a joint resolution by the City and Barangay to seek the help of the City Mayor, regarding the stagnant water at the back of the City Fire Station.
c. The City Health also asked the SP to revise the existing ordinance regarding the backyard hog raising,to totally disallow backyard hog raising in the city in answer to the problem faced b the regarding the sanitation violation of backyard hog-raising
d. The Barangay was also able to get the legal advice of the City Legal Officer and the councilor-lawyers in the filing of an expropriation case for road right of way which are still in dispute. City Assessor was also there to explain how lands are assessed which will aid them in the expropriation case.
e. The City Engineering Office was able to inform the body regarding illegally constructed buildings along Pook Pantalam, possible drainage for Gasanai Area and the upgrading of the Lamdagan St.
f. Issues on the issuance of CTC were also adequately answered by the City Treasurer and further emphasized the importance of ensuring that issuance of CTC should be personal and should be based on the gross income.
g. Lastly, issues regarding implementation of curfew hours and the operation of internet cafés during class hours and after curfew hours will be personally acted upon by the City Administrator.
In order to help the City Mayor decide on which bank is most beneficial for the City Government in the long run, the 12th Sangguniang Panlungsod led by City Vice Mayor Jose Antonio S. Veloso invited representatives from the Development Bank of the Philippines and the Land Bank of the Philippines to elaborate further on their offers to finance the loan to be funded by the World Bank.
DBP representatives led by Atty. Marissa Anino, Branch Head and Mr. Fernando Laghit,VP DBP Regional Office ad LBP representatives led by Ms. Marliou Cardenas, Branch head and Mr. Cecilio Clarete, head of LBP Lending Center, joined the SP Committee of the Whole meeting last January 21, 2015 at the Jorge Lao Building Dampas.
Development Bank of the Philippines proposed their program Regional Infrastructure for Growth Project (RIGP) which is a post-disaster reconstruction facility (Infrastructure Projects) for Typhoon Yolanda and Bohol Earthquake affected areas. They have a financing mix 90% – National Government Grant and 10% – LGU Participation thru a Loan with the World Bank (DBP as Financial Intermediary) with an interest rate of 6.75% which is still negotiable and an availment date of until November 30, 2016. The amount of loan will be 10% of total project cost but not to exceed the LGU’s borrowing capacity indicated on the BLGF Certification with a repayment term of up to fifteen (15) years, inclusive of three (3-year) grace period on principal.
Land Bank of the Philippines, on the other hand, named their program as Support for Strategic Local Development & Investment Project (S2LDIP). The S2LDIP was restructured by the World Bank to cater to the reconstruction and rehabilitation of infrastructure projects of Local Government Units as well as Water Districts affected by Typhoon Yolanda and Bohol Earthquake. They also have a similar financing mix of 90% Government of the Philippine Grant and 10% Loan from S2LDIP funded by the World Bank. They have an interest rate of 7% – 9% per annum (fixed for the entire term) or the variable rate, which will be Cost of S2LDIP funds + minimum LBP spread of 1% subject to semi-annual or annual re-pricing and an implementation date of until April 30, 2016. The amount of loan will be based on the requirement of the project but should not exceed the Net Borrowing Capacity (For LGUs) and based on cash flow (For Water Districts) with a repayment term of maximum of 12 years inclusive of 2 years grace period on principal.
Clarification was also made by the DBP that they have no unliquidated matters with the World Bank and they are qualified as to finance the loan to be granted by the World Bank.
With the detailed explanation of both banking institutions, the 12th SP hopes that the City mayor will be guided in choosing what is the best option to help serve the Tagbilaranons. The manifestations of both banks will also help the Sangguniang Panlungsod in passing resolutions ratifying whichever contract the Mayor will decide to enter into.
The 12th Sangguniang Panlungsod led by City Vice Mayor Jose Antonio S. Veloso, held its first session for the year 2015 yesterday at the Lao Building this City. The lawmakers tackled the damages in the city and other municipalities caused by the Typhoon Seniang, which hit the Visayas region just before year 2014 ended. The city was spared from major damages, but the municipality of Loboc suffered severe flood due to the rising of the Loboc river. The councilors were quick to extend their help to our fellow Boholanos in Loboc and the newly seated councilor, Atty. Agustinus Gonzaga, proposed the first resolution for 2015 to authorize the Honorable City Mayor John Geesnell L. Yap II to extend financial assistance to the Municipality of Loboc amounting to 1 million pesos charged to the Calamity fund of the city. The resolution was unanimously approved by the whole Sangguniang Panlungsod.
On the other hand, Atty. Gonzaga expressed his objection to the approval of the proposed resolution 190-14 which authorizes the Honorable City Mayor to borrow funds, negotiate and enter into a loan agreement with Land Bank of the Philippines (LBP). Atty. Gonzaga expressed qualms in making a hasty approval and wanted to further study the resolution and know the terms and condition of the loan agreement. Because of the objection expressed by Atty. Gonzaga, the council decided to divide the house for the approval of the resolution. In the end, those who were in favor of the said resolution won, leading to the approval of the said resolution.