John Hay developer denies delaying rental payment to BCDA
>> Monday, July 30, 2012
BAGUIO CITY -- A developer of Camp John Hay here insisted on its P8.5-billion offer of lease rental payment to the Bases Conversion Development Authority (BCDA), denying claims it was delaying payment of its obligations.
The
Camp John Hay Development Corp. (CJHDevCo) took exception to the statement of
BCDA president Arnel Paciano Casanova that the offer was a mere attempt to
delay payment of its P3-billion rental dues.
CJHDevCo
spokesman and lawyer Manuel Ubarra Jr. said the BCDA head’s interpretation of
their offer was “erroneous” and only “proved the undeserved prejudice and
discrimination of the Board of BCDA against CJHDevCo.”
“If
he (Casanova) bothered to listen first to the proposal, it contained an offer
of payment of P150 million upon the approval in writing of
the proposal and another P350 million in the next 12 months. That’s a total of
P500 million for the government and the city of Baguio if only BCDA bothered to
listen first to the proposal,” he told reporters in Manila.
Ubarra
said the BCDA was making a big issue out of the rental payments as an excuse to
cancel its lease agreement with CJHDevCo.
“BCDA
wants to remove CJHDevCo even before the expiration of the lease period and
either runs by itself the businesses established by the blood and sweat of
officers and employees of CJHDevCo or award it to another entity. Any way you
look at it, public good is not served,” Ubarra said.
The
developer’s offer was made last May when BCDA chairman FelicitoPayumo expressed
willingness to accept the offer and even invited the developer’s
representatives to present the proposal to the BCDA board.
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