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Capitol plans to dispose off ‘NPAs’
By RIC V. OBEDENCIO
Published on: June 4, 2006 - Bohol Chronicle
 
The provincial government is contemplating of disposing off its real properties, considered as non-performing assets (NPAs). The said properties are unredeemed and have not been subjected to bidding.

The Sangguniang Panlalawigan is set to refer the matter to the committees on government properties and ways and means, to sell some 29 parcels of agricultural lands situated in different municipalities.

The plan to resell was based on the Local Government Code. In auctions conducted on May 15-16 and 19-22, and 26-27, 2003, no bidders dared to redeem the lots. The failure of redemption of said properties and delinquency in tax payments means forfeiture in favor of the province.

The Provincial Treasurer’s Office (PTO) strongly indorsed the move to re-trade the NPAs even as it prepared a Provincial Ordinance “authorizing the PTO for the resale through public auction of tax delinquent properties already forfeited in favor of the Province of Bohol.”

The properties are located in the municipalities of Alicia, Mabini, Ubay, Talibon, Dagohoy, San Miguel, Catigbian and Sikatuna.

“The delinquent real properties offered for sale at the public auction had no bidders. Consequently, such properties were purchased in behalf of the Province pursuant to section 263 of the Local Government Code of 1991,” the proposed Ordinance explains.

Those delinquent and unbidded properties are those of Mateo Butawan, Cayacay, Alicia, Bohol; Victorio Cagas, Katipunan, Alicia; Epifanio Genita, Katipunan, Alicia; Francisco Sosoban, Poblacion, Alicia; Fernando Torrejos, Katipunan, Alicia; Dioscoro Vallejos, Del Mar, Mabini; Victor Valmoria, Lungsodaan, Mabini; Jerome/Urbando Coquilla, Bayongan, San Miguel; Necornia Polpinosas, Garcia, San Miguel; Eutiquio Sabior, Bagacay, Talibon; Catalino Yana, Bagacay, Talibon; Celestino Yana, Bagacay, Talibon; Nena Tiro Gonzales, San Pascual, Ubay; Ciemenlo Reyes, Ilihan, Ubay; Paul Sarabosing, Poblacion, Ubay; Anacleto Corambao, Rizal, Catigbian; Apolonio Dumangas, Rizal, Catigbian; Marciano Diaz, Hagbuaya, Catigbian; Abundia Juit, Triple Union, Catigbian; and Cristino Palingcod, Cang-iras, Catigbian.

The unredeemed properties include those of Simeon Vale/Teodulo Yecyec, Babag, Dagohoy; German Amolat, Cagting, Ubay; Remegio Almedilla, Garcia, San Miguel; Francisco Espina, Bayongan, San Miguel; Vicente Padonas, Camanaga, San Miguel; Anecito Butawan, Cayacay, Alicia; Paciencia Butawan, Cayacay, Alicia; Isaac Carlos, Katipunan, Alicia; Macario Libres, Cayacay, Alicia; and Mateo Cuñado/Restituto Fostanes, Abaca, Mabini.

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