Thursday, October 12, 2006
Land Bank okays City Gov't loan
THE Board of Directors of the Land Bank of the Philippines has approved Davao City's additional loan amounting to P610 million, City Administrator Wendell Avisado said Wednesday.
Of this amount, P71 million will be allocated for the PTA park project, P151 million for the Elias B. Lopez Memorial Sports Complex to be erected at University of the Philippines in Mintal, Tugbok, and P120 million for the purchase of mobile garbage bins.
The rest, amounting to 268 million is intended for the Sanitary Landfill Development Project. (GLP)
For Bisaya stories from Davao. Click here. (October 12, 2006 issue)
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