THE demolition of eight houses on Capitol properties in Barangay 3, Bacolod City is now ongoing, and the organic restaurant operated by Organik Na Negros Producers and Retailers Association will soon follow.

Negros Occidental Provincial Administrator Enrique Pinongan said Friday the affected families of the demolished houses were given P5,000 each by Ayala Land Inc.

Capitol security chief Venchito Magalona represented the province in a meeting with the barangay officials and representatives of Ayala Land about the demolition.

Pinongan said the property giant may soon start its development project on its properties it leased from the Capitol once the Register of Deeds transfers the title of the land to the Provincial Government.

That's the only thing that Ayala Land is waiting for, he said.

The Provincial Board has already approved the supplemental budget for the payment of transfer tax of the lots swapped by the province to the lots owned by the Gonzaga-Vasquez families.

Once paid, the Register of Deeds will transfer the title of the properties to the provincial government, Pinongan said. (TDE)

Published in the Sun.Star Bacolod newspaper on September 27, 2014.

Here is the original post:
Demolition of houses, resto on Capitol lands underway

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September 28, 2014 at 3:55 am by Mr HomeBuilder
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