THE Provincial Board of Negros Occidental cancelled the contract involving the two properties worth P485 million that the Capitol has been eyeing to purchase.
The Provincial Board unanimously approved during the session on Wednesday, November 9, the resolution authorizing Governor Alfredo Marañon Jr. to rescind the contract to purchase the 25-hectare land in Barangay Matab-ang, Talisay City and the 40-hectare property at Barangay Mansilingan, Bacolod City.
Fifth District Board Member Alain Gatuslao, chairman of Provincial Board committee on laws, rules and ordinances, said that Marañon will negotiate anew with the property owners after the rescission of contract.
If the owners will refuse, the Provincial Government will expropriate the properties, he said, although it’s up to the decision of the governor if he will expropriate the lots.
The Provincial Government had already paid the P30-million down payment for each property. The lot in Talisay costs P225 million while the property in Bacolod, P260 million.
Gatuslao said the P60-million down payment will either be returned by the lot owners if the transaction will not push through or it will still serve as down payment if the Capitol decides to expropriate the properties.
Next week, the Provincial Board will pass a resolution giving Marañon the authority negotiate anew for the purchase of the two properties, he added.
Gatuslao said they are also planning to give the governor a blanket authority to negotiate for other properties all over the province that may be acquired, from November this year until June next year.
Opportunities are missed because the authority to negotiate still needs an approval from the SP and it takes awhile sometimes, he said.
Gatuslao added that the purchase or expropriation of properties still needs an approval from the Provincial Board.
The Talisay property will be utilized for motorpool, government offices, and as possible site for the proposed Philippine Science High School in Negros Island Regio.
The property in Barangay Mansilingan will be used for the residential lots that will be swapped with the properties of Provincial Government 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.