Cebu City seeks bidders for 20 SRP hectares (May 2006)
Sunday, May 14, 2006
Cebu City Hall is set to invite bidders for a 20-hectare portion of the South Reclamation Project (SRP), particularly the one eyed by a Singaporean manufacturing firm, before the month ends.
The parcel, situated near Barangay Pasil, will be pegged at P10,000 per square meter, according to an appraisal of the
committee on awards for real property disposal.
City Administrator Francisco Fernandez said the committee is preparing the documents needed for the publication of the invitation.
Fernandez, who chairs the committee, said Fil-rich Holdings Inc. will have to join the bidding for the 20-hectare lot because the City has government procedures to follow.
The company wants to put up “the world’s first fully automated container manufacturing plant” in Cebu.
Full payment
It even signified its intention to give the full payment for the property but the mayor is aware of procedures to follow, said Acting General Services Chief Ester Cubero.
Cubero, a member of the committee on awards for realty disposal, said she is preparing all the documents needed for the bidding, including the draft publication, which was supposed to come out last May 11.
But Fernandez told her to “hold in abeyance” the publication for the invitation in two national newspapers and a local daily because they have to wait for the mayor’s further instructions, said Cubero.
In separate interviews, both Cubero and Fernandez said they still lack the approval from the Commission on Audit (COA) for the sale of the 20-hectare portion.
Value check
However, Cubero, who talked to a state auditor from the COA 7, said the City can already proceed with the publication of the notice to invite, the opening of bids and even the issuance of the notice of award.
“For as long as we follow the procedures provided in the law, there is really nothing wrong. COA will only come in to look into the reasonableness of the value of the land,” she told Sun.Star Cebu.
Cubero also learned that for each parcel of the SRP up for disposal, the City has to get the approval of the commission because each has a different value.
Section 380 of the Local Government Code provides that in the case of real property, the disposal shall be subject to the approval of the COA, regardless of the value or cost involved.
Hybrid
The City Government has written COA Manila last January yet to seek directions on how to go about the sale of the SRP lots.
COA will not let the City Hall follow procedures undertaken by Philippine Economic Zone Authority (Peza)-registered companies, which are owned by private corporations.
Peza companies can peg a fixed rate if they want to lease their land to investors, but COA said the City Hall cannot just follow this method because Peza has its own charter and is independent of the government.
City Hall has to deal with the fact that the SRP is the first and only Peza-registered facility owned by a local government unit.
Because of this, the City has to follow government procedures. (GAC)
Cebu City Hall is set to invite bidders for a 20-hectare portion of the South Reclamation Project (SRP), particularly the one eyed by a Singaporean manufacturing firm, before the month ends.
The parcel, situated near Barangay Pasil, will be pegged at P10,000 per square meter, according to an appraisal of the
committee on awards for real property disposal.
City Administrator Francisco Fernandez said the committee is preparing the documents needed for the publication of the invitation.
Fernandez, who chairs the committee, said Fil-rich Holdings Inc. will have to join the bidding for the 20-hectare lot because the City has government procedures to follow.
The company wants to put up “the world’s first fully automated container manufacturing plant” in Cebu.
Full payment
It even signified its intention to give the full payment for the property but the mayor is aware of procedures to follow, said Acting General Services Chief Ester Cubero.
Cubero, a member of the committee on awards for realty disposal, said she is preparing all the documents needed for the bidding, including the draft publication, which was supposed to come out last May 11.
But Fernandez told her to “hold in abeyance” the publication for the invitation in two national newspapers and a local daily because they have to wait for the mayor’s further instructions, said Cubero.
In separate interviews, both Cubero and Fernandez said they still lack the approval from the Commission on Audit (COA) for the sale of the 20-hectare portion.
Value check
However, Cubero, who talked to a state auditor from the COA 7, said the City can already proceed with the publication of the notice to invite, the opening of bids and even the issuance of the notice of award.
“For as long as we follow the procedures provided in the law, there is really nothing wrong. COA will only come in to look into the reasonableness of the value of the land,” she told Sun.Star Cebu.
Cubero also learned that for each parcel of the SRP up for disposal, the City has to get the approval of the commission because each has a different value.
Section 380 of the Local Government Code provides that in the case of real property, the disposal shall be subject to the approval of the COA, regardless of the value or cost involved.
Hybrid
The City Government has written COA Manila last January yet to seek directions on how to go about the sale of the SRP lots.
COA will not let the City Hall follow procedures undertaken by Philippine Economic Zone Authority (Peza)-registered companies, which are owned by private corporations.
Peza companies can peg a fixed rate if they want to lease their land to investors, but COA said the City Hall cannot just follow this method because Peza has its own charter and is independent of the government.
City Hall has to deal with the fact that the SRP is the first and only Peza-registered facility owned by a local government unit.
Because of this, the City has to follow government procedures. (GAC)