Zamora was tasked by Mayor Evelio Leonardia to scrutinize the ordinance prior to the mayor's final decision on whether to sign it into law or veto such.
As of press time Thursday, Zamora admitted that his office has already received copy of the ordinance after the Sangguniang Panlungsod officially transmitted it to the legal office Wednesday.
Zamora said he will study it first before coming up with a recommendation to Mayor Leonardia.
I have to come up with the recommendation in order to guide the mayor on what to do about this,' Zamora said in a review interview.
Leonardia said he will wait for Zamora to submit his recommendation before acting on the ordinance.
The mayor has only 10 days to act on Ordinance after he officially received the copy of the bill.
The mayor will either veto the bill or allow it to be passed into a law.
Lawyer Simplicio Palanca, president of the Bacolod Real Estate Development Corporation (Bredco), however said, they have already prepared for a legal fight.
They will bring this matter to court to clear everything instead of having anyone from City Hall use the port takeover ordinance to become political issue.
He stressed, "I won't allow anyone to harm my business that I started since I'm still young."
Palanca, a known real estate mogul in Bacolod, is turning 85 on March 12. He's also the father of the Bacolod Reclamation area.
Palanca's Bredco is presently handling port operations at the Reclamation area covered by the Comprehensive Revised Reclamation Agreement (CRRA), a 25-year contract between Bredco and the City.
CRRA is just 11 years old.
The City has complained against the P800,000 annual rental fee of Bredco to the City.
Palanca said, "What is stated under the contract should be followed." But the City demanded P17 million from Bredco.
Palanca refused to give in to the demand. He called it a "weird" and "out-of-the world" proposal.
