Cebu City owes Consolacion private landfill owner, haulers

Jose Santino S. Bunachita 09/08/2016

Cebu City Hall still owes the owner of the private landfill in Consolacion as well as private haulers for services rendered earlier this year. According to Cebu City Councilor Margarita Osmeña, who had a brief stint as…

Unpaid debt leads to man’s murder

Apple Ta-as 05/15/2016

A MAN who failed to pay a P15,000 debt died at the hands of armed men in Barangay Luz, Cebu City Sunday dawn. Kevin James Erin was shot while he was with friends at a convenience store…

SRP DEBT RISING

Jose Santino S. Bunachita 02/11/2016

The Cebu City government faces a penalty of nearly P2 million a day if it fails to pay the amortization for the South Road Properties (SRP) loan on Feb. 20. “There would be penalties and charges. It…

Council authorizes Rama to negotiate for SRP loan balance

Jose Santino S. Bunachita 08/27/2015

The Cebu City Council authorized Mayor Michael Rama to negotiate with the Land Bank of the Philippines (LBP) to pre-terminate the South Road Properties (SRP) loan. The city can save over P139 million a year if it…

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