BACOLOD City – The contract for the construction of a P799-million coliseum in the city has been signed.
This was after the Sangguniang Panlungsod (SP) approved a request authorizing Mayor Evelio Leonardia to enter into the contract.
With 10 “yes” votes, the request was approved during the last session of the outgoing city council on Wednesday.
Councilor Wilson Gamboa voted “no” while councilors Cindy Rojas, Ricardo Tan and Claudio Jesus Puentevella were on leave.
The budget for the construction of the “Bacolod MassKara Coliseum” will be from the P1.7-billion loan of the city government from the Development Bank of the Philippines.
The loan will also fund three more flagship projects under the administration of Leonardia, who won in his reelection bid as city mayor in the May 13, 2019 midterm elections.
The other projects are the P350-million development of the Progreso Village Relocation Site, the P350-million site and facility development of the city-run Bacolod City College; and the P200-million roads and bridges construction program.
Leonardia, representing the city, and Jordan Tiu, president of contractor Jejors Construction Corp., signed the contract also on Wednesday. The SP immediately ratified it after the signing.
Councilor Caesar Distrito, chairman of the SP Committee on Laws, Ordinances and Good Government, said the construction cannot start until a notice to proceed is issued.
The coliseum will be built in the 7.4-hectare property donated by Vallacar Transit, Inc., Yanson Realty Development Corp., and Olivia V. Yanson in Barangay Alijis./PN