Categories: PH News

Mayor asks SM Prime to put fence in vacant area only at Vendor’s Plaza

Spread the love


Bacolod City Mayor Alfredo Abelardo Benitez has asked the SM Prime Holdings Inc. to put a fence in the vacant area only from Bacolod Vendor’s Plaza towards the Manokan Country.

Advertisements

This is after the contractor of SM Prime Holdings Inc. will start the fencing from Bacolod Vendor’s Plaza towards the Manokan Country on March 14.

Benitez said SM Prime should put a fence in the vacant area only and they should not remove the residents in the area since the city government is still preparing the relocation site for the affected residents.

Advertisements

He said it was part of the agreement with the residents of Barangay 12 to prepare first their relocation site before the demolition of their houses.

Advertisements
Advertisements

He added at least 60 houses will be affected by the development of Manokan Country and they will be given a relocation site in Abada Escay in Barangay Vista Alegre.

Advertisements

City Legal Officer Romeo Carlos Ting, Jr. earlier said the contractor of SM Prime is now processing their fencing permit so they can start the implementation of the project.

Ting said the tenants of the Manokan Country will also temporarily transfer to the parking lot of the SM City.

Advertisements

“They cannot transfer the tenants of the Manokan Country as long as their area at SM is not ready,” he said.

He added that SM Prime should prepare the area for the tenants of the Manokan Country so they can transfer and continue their business in the area.

On October 20, 2023, the city government of Bacolod signed a contract agreement with SM Prime for the redevelopment of the iconic Manokan Country.

The SM Prime already turned over P131.89 million to the city government for the redevelopment of the iconic Manokan Country.

The P131.89 million represents seven years of advance rental payments for Manokan Country, under the 40-year lease agreement with the city at an annual rental fee of P21.26 million, subject to a 5 percent escalation rate every three years.*



Source link

Advertisements
Merlinda A. Pedrosa

Recent Posts

Angeles City gov’t workers to get new shoes

ANGELES CITY— At least 4,170 employees from this city government here are set to receive…

35 mins ago

Man Who Stabbed South Korea’s Opposition Leader Is Sentenced to 15 Years

The man who stabbed South Korea’s opposition leader in the neck in January, the worst…

39 mins ago

Secrets of Survival and Mysterious Extinction on Wrangel Island

The woolly mammoths on Wrangel Island, derived from a very small initial population, sustained themselves…

41 mins ago

Australia backs latest healthcare AI projects with $20M and more briefs

Australia invests $20M for new health AI projects The Australian government has awarded 10 AI…

51 mins ago

Concussion experts encourage CFLers to wear Guardian Caps, but say athletes shouldn’t feel ‘immortal’

Canadian doctors and brain injury experts believe Canadian Football League players should be encouraged to use…

58 mins ago

What happens today? When will Rishi Sunak and Keir Starmer speak outside Downing Street?

Sign up for the View from Westminster email for expert analysis straight to your inboxGet…

1 hour ago

This website uses cookies.