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first_imgLATEST STORIES He added that members of the awards committee are now preparing the terms of reference on the planned disposal of lot 8-B for submission to the city council next month. Once approved, bidding could already start on January 2014.Read Next Pope Francis is slated to attend the 2016 event.Even then, Rama cannot hide his elation over the plan of SM Prime Holding as chances for the city government to raise revenues for projects like flood control has increased.FEATURED STORIESNEWSINFOSenate to probe Tolentino’s ‘novel legal theories’ on oral agreementsNEWSINFOLocsin wants to drop ‘visas upon arrival’ privilegeNEWSINFOPalace open to make Dengvaxia usable again as dengue cases spike“Thanks God naa nay interested sa SRP,” Rama said during his press conference.Lawyer Jose Daluz III, Rama’s executive assistant, said they already wrote the Commission on Audit on August 2 to seek approval on the P22,000 per square meter floor price being recommended by the city’s awards committee. Tolentino: No more debate with Drilon on China deal Angara: Investigate DOH’s ‘constipated’ medicine distribution system Fake cop accosts real cops, is arrested in Pateros BPI nets P13.74B in H1 Don’t miss out on the latest news and information. Cebu City Mayor Michael Rama has spoken to Cebu Archbishop Jose Palma yesterday morning to assure the prelate that the vicinity of the San Pedro Calungsod shrine at the South Road Properties (SRP) will still be made available as a venue for the 2016 International Eucharistic Congress.Rama said he did not want Palma to worry about news reports that SM Prime Holdings has expressed interest in buying the 26.3 hectare property known as lot 8-B of the SRP.ADVERTISEMENT SMC bags Bulacan airport project If Rama were to have his way, he wanted lot 8-B to be sold starting at a floor price of P50,000 per square meter.MORE STORIESnewsinfoFake cop accosts real cops, is arrested in PaterosnewsinfoAngara: Investigate DOH’s ‘constipated’ medicine distribution systemnewsinfoQuake disturbs Itbayat, Batanes anewMORE STORIESnewsinfoFake cop accosts real cops, is arrested in PaterosnewsinfoAngara: Investigate DOH’s ‘constipated’ medicine distribution systemnewsinfoQuake disturbs Itbayat, Batanes anew“But it is the Commission on Audit that will determine the floor price,” Daluz said.Daluz said the city government has to make new sales of the SRP to fund part of Rama’s proposed 2014 budget of P10.5 billion.The city government last sold a parcel of the SRP to SM in 2009 at P9,000 per square meters.  SM is now developing said lot for the establishment of a mall and a commercial complex.Daluz said the city government now needed to earn funds to for the city’s plan to build a new hospital, implement drainage and river improvement projects and for the cash assistance to senior citizens which the mayor wanted increased to P12,000 next year.ADVERTISEMENT Senate to probe Tolentino’s ‘novel legal theories’ on oral agreements Quake disturbs Itbayat, Batanes anew MOST READ View comments Fake cop accosts real cops, is arrested in Pateros PCSO to focus on improving transparency of gaming activities PLAY LIST 03:26PCSO to focus on improving transparency of gaming activities01:39Sotto open to discuss, listen to pros and cons of divorce bill06:02Senate to probe Tolentino’s ‘novel legal theories’ on oral agreements01:50Palace open to make Dengvaxia usable again as dengue cases spike01:49House seeks probe on ‘massive corruption’ in PCSO01:37PCSO estimates P250M in Lotto revenue loss due to suspensionlast_img

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