FLI assures city condo project won't flood Kasambagan (South Road Properties)

(The Freeman) Updated June 26, 2009 12:00 AM

CEBU, Philippines – To assure barangay Kasambagan that no flooding will occur in the area, Filinvest Land Inc. will finance drainage and road repair for its One Oasis Mabolo Project, a condominium project between barangays Kasambagan and Mabolo.
FLI Vice President for Visayas and Mindanao Tristan Las Marias made the commitment to Mayor Tomas Osmeña yesterday.

Osmeña said the city is helping FLI carry out with their project “but it doesn’t mean we are abandoning the people of Kasambagan. I mean, fair is fair,” Osmeña said.
Councilor Augustus Pe yesterday said the technical group of FLI, as well as the city’s engineering staff and officials of barangay Kasambagan are now holding meetings to determine the necessities for drainage and road repair.
The Kasambagan barangay council recently denied FLI an endorsement for its application for an environmental compliance certificate for the One Oasis Mabolo project, saying the project is seen to cause flooding in at least six sitios in the barangay.
The project would also reportedly flood an existing subdivision because it will block the exit of rainwater coming from the Cebu Country Club.
FLI is the city’s first investor at the South Road Properties with a P25 billion project, which will be implemented through a Joint Venture Agreement. —Ferliza C. Contratista/JMO (THE FREEMAN)