93-1 land swap: Appraisal talks continue between Cebu City and Province

Delta Dyrecka Letigio 04/25/2022

CEBU CITY, Philippines — The 93-1 land swap deal met a slight hiccup as Cebu City and Cebu Province presented a significant difference in the appraisal values of lots needed for the land swap. Cebu City Councilor…

Garcia: New 93-1 deal will follow COA rules

Delta Dyrecka Letigio 07/13/2021

CEBU CITY, Philippines — The Cebu City government is now drafting a new agreement for lots covered by Cebu Provincial Ordinance 93-1. But this time, the new agreement will be compliant with rules and regulations set by…

Cebu City expects IRA of P3.2B in 2022

Delta Dyrecka Letigio 07/06/2021

CEBU CITY, Philippines — Cebu City expects a larger internal revenue allotment (IRA) from the national government in 2022 as the Mandanas Ruling by the Supreme Court takes effect. The Mandanas Ruling increases the share of national…

Cebu City will soon be debt-free, SRP proceeds almost used up

Delta Dyrecka Letigio 06/05/2021

  CEBU CITY, Philippines — Cebu City will finally be free from over a 25-year debt should the P4.4 billion supplemental budget that Mayor Edgardo Labella is asking will be passed by the City Council. Councilor Raymond…

Cebu City dads’ goal: 93-1 deal finalized by Oct. 2021

Delta Dyrecka Letigio 03/18/2021

CEBU CITY, Philippines — The Cebu City council’s committee on the 93-1 land swap deal has convened for the first time today, March 18, 2021, following the calls of the council members to hasten the deal which…

Liquidation needed for Cebu City barangays to get financial assistance

Delta Dyrecka Letigio 03/05/2021

CEBU CITY, Philippines — Cebu City barangays who wish to avail of the city government’s financial assistance must be able to present a liquidation of the past financial assistance they have received. Councilor Raymond Alvin Garcia, the…

Cebu City Council approves start of negotiations for pre-paying of SRP loan

Delta Dyrecka Letigio 01/21/2021

CEBU CITY, Philippines — The Cebu City government is close to reaching its goal of becoming debtless as the Council mulls the payment of the remaining balance of the 1995 loan for the South Road Properties (SRP).…

Cebu City offered P5B loan by LandBank

Delta Dyrecka Letigio 01/21/2021

Cebu City Councilor Raymond Alvin Garcia. | CDN Digital file photo CEBU CITY, Philippines — The Cebu City Council is reviewing an offer by the Land Bank of the Philippines (LBP) for a P5 billion standby loan.…

Cebu City Council wraps up grueling budget hearing

Delta Dyrecka Letigio 12/17/2020

CEBU CITY, Philippines — The budget hearing for the proposed P10.8 billion 2021 annual budget in Cebu City was not short of colorful banters and conflicts during the past three weeks that councilors scrutinized the budget allocations…

Garcia: We will look for other sources of funds aside from SRP

Delta Dyrecka Letigio 11/26/2020

CEBU CITY, Philippines — The Cebu City proposed 2021 annual budget has been heavily scrutinized by the opposition councilors during the ongoing budget hearings done with the committee as a whole since November 24, 2020. Councilor Raymond…

Councilor Garcia: Chicken issue is a political move

Delta Dyrecka Letigio 11/21/2020

CEBU CITY, Philippines — Cebu City Councilor Raymond Alvin Garcia said that the series of cases filed against him and Councilor Eduardo Rama Jr., over alleged malversation of public property on the donated dressed chicken was a…

Hefty fines, penalties await violators of Cebu City’s quarantine rules

Morexette Marie B. Erram 06/28/2020

CEBU CITY, Philippines — Fines of up to P10,000, imprisonment of at least 30 days, and possible closure of business operations await violators of Cebu City’s community quarantine measures. This as the City Council last Friday, June…

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