THE purchase of the two properties worth P485 million by the Negros Occidental provincial government encountered a setback after property owners failed to comply with several documents.
The Capitol is looking to buy the 25-hectare land in Barangay Matab-ang, Talisay City for P225 million, and the 40-hectare property from C&C Agricultural and Development Corporation at Barangay Mansilingan, Bacolod City for P260 million.
Both properties are intended for land banking and residential projects.
Fifth District Board Member Alain Gatuslao, chairman of Provincial Board committee on laws, said there are “compliance issues” with the property owners which need to be addressed.
He said the Provincial Legal Office and the Office of the Governor need to “work out the process,” which was the reason why the matter was not taken up at Wednesday’s regular session.
Gatuslao said the Capitol already paid P30 million as downpayment for each property payable for three years.
“In the meantime, if this can’t be resolved yet, they have to cancel it. They have to submit a letter informing us not to go through with the sale and that each of them has to return the P30 million downpayments,” the board member said.
Gatuslao said the purchase of the two properties was part of the infrastructure development of the Provincial Government, which would be a waste if it will not push through.
The Talisay property will be utilized for motorpool and offices and land banking, and is a possible site for the proposed Philippine Science High School in Negros Island Region.
The property in Barangay Mansilingan will be utilized as residential lots for the Capitol employees.
The Provincial Government will swap the said property to the lots of the workers who bought a portion of the Capitol-owned property at the Panaad Park and Stadium in Barangay Mansilingan and in Barangay Minoyan, Murcia town years ago.