Mabilog eyes amendments to TOR on market project-A A +A
Thursday, May 15, 2014
ILOILO City Mayor Jed Patrick Mabilog has promised vendors of the public market to amend the Term of Preference (TOR) which guides the redevelopment of the market by including suggestions from the vendors.
Mabilog said the dialogue on Thursday is start of a series of consultations regarding the central market project, which is set to be redeveloped under a joint venture with SM Prime Holdings Inc. (SMPHI).
Mabilog added the concerns and fears of the some 1,000 stall holders and about 500 transient vendors will hopefully be dissipated one a new TOR is put in place.
He assured the legitimate vendors of their priority right over the stalls and recognition of existing contract as inputs in a new tripartite contract entered upon by the vendors, City Government and SMPHI.
“No legitimate vendors will be displaced and all transient vendors must register with the market committee to determine an exact space for them at the ground floor of the new market building once construction starts by early next year,” Mabilog said.
The existing vendors and stalls will have to be relocated in spaces outside the market or in Aldeguer, Guanco, Rizal, and Ma. Clara once construction starts for two years of the four-storey market.
Mabilog also assured that no vendor will pay for spaces at the temporary market relocation.