Author Topic: P770-Million Tagbilaran Growth Center  (Read 1072 times)

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P770-Million Tagbilaran Growth Center
« on: December 01, 2007, 03:59:14 PM »
By Kit Bagaipo
The Bohol Chronicle

There has to be an existing ordinance to be repealed or amended to carry out a referendum.

This was the statement made by City Local Government Operations Officer Mardonio Roxas during an interview over dyRD's Inyong Alagad yesterday.

According to Roxas, the Sangguniang Panlungsod (SP) adopted an ordinance last year for the city's New Growth Center.

Considering the amount involved for the project, City Mayor Dan Lim declared to submit the New Growth Center development project to a referendum.

The city will borrow a total of P770-million for the land acquisition and infrastructure of the project.

The loan will be payable in 15 years with an interest amounting to about P1-billion.

REFERENDUM PROCESS

A referendum or initiative that will affect an existing law, resolution or ordinance passed by a legislative assembly, such as the Sangguniang Panlungsod, has to be approved by at least 10 percent of the registered voters of the local government unit (LGU).

In the case of Tagbilaran City, there are 41,848 registered voters. From which, 10 percent must approve the proposed project through a signature drive.

Each barangay in the city must be represented by at least 3 percent of its registered voters.

The Commission on Election (Comelec) will supervise the referendum and may set a special registration day at least 3 weeks before the scheduled referendum.

The Comelec Registrar will verify the signatures on the basis of the registry list of voters.

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