7 brgy captains
question P150M loan
BY CHRYSEE SAMILLANO
Seven barangay captains in Bacolod City are questioning the P150 million loan the city is securing from the Philippine National Bank for landbanking purposes and have requested that the city consider other options.
In their letter to the mayor dated Aug. 18, 2009, the barangay captains said the additional conditions required by PNB from the city could adversely affect the welfare of their barangays, especially their Internal Revenue Allotment share.
Barangay Captains Carlo Remo Barredo of Brgy. 20, Madeline Diaz – Brgy. 18, Jose Makilan – Brgy. 16, Harry Demapanag – Brgy.12, Caren Pineda – Brgy. 33, Jeffrey Quiachon – Brgy. 36 and Richard Sason – Brgy. 34, asked the city officials to consider other options.