Cagayan de Oro City Councilor Edgar Cabanlas assured the public that the proposed P8.5-billion loan for the new city government complex would not strain the city’s finances, saying the proposal had been carefully studied and calculated.
Cabanlas clarified that the City Council’s approval at this stage covers only the authority for the mayor to negotiate the proposed loan and does not constitute final approval for the city to borrow the amount.
He explained that the P8.5 billion represents the total estimated project cost, while the loan would be drawn gradually, depending on the city’s needs. He added that the project aims to prepare the city for future expansion and the growing demand for public services.
Based on projections from the City Engineer’s Office, the project is expected to be completed within 30 months.
Cabanlas also acknowledged concerns raised by those questioning or opposing the proposal, assuring them that their views would be considered before a final decision is made. (PGU/SP)
Cooperatives create sustainable livelihoods, empower communities, and expand opportunities for local entrepreneurs and workers, Councilor Gigo Go said during the opening of Cooperative Month 2026.
Go, who represented Mayor Rolando “Klarex” A. Uy at the event, joined cooperative leaders, members, government officials, and partners from across Northern Mindanao during the celebration held at the Provincial Capitol Grounds, Velez Street, Cagayan de Oro City.
The opening salvo featured a foot parade, Holy Mass, ribbon-cutting of the Coop Trade Fair, cooperative pledge and program proper, along with the recognition of outstanding cooperatives and oath-taking of the Regional and Provincial Cooperative Development Councils.
Go expressed appreciation to the Regional Cooperative Development Council–Region X and the Cooperative Development Authority for bringing together stakeholders to celebrate the cooperative movement.
She said cooperatives are communities founded on unity, shared responsibility, and empowerment.
As the city continues to support the cooperative sector, Go called for stronger cooperatives, greater support for local entrepreneurs and workers, and the creation of sustainable livelihood opportunities.
She also emphasized the importance of building communities where no one is left behind. (PGU/SP)
SOBRA na ang paghulat sa dakbayan aron matukod ang bag-ong City Hall.
Kini ang giluwatang pamahayag ni Konsehal Edgar Cabanlas atol sa sesyon sa Konseho niadtong Lunes nga gidumala ni Bise Mayor Bebot Rodriguez.
Gihimo ni Cabanlas ang maong panahom human gikwestiyon ang resolusyon nga naghatag og panugot kang Mayor Klarex Uy nga makig-negotiate sa mga banking institution aron mag-loan ang syudad ug gastohon sa pagtukod sa gisugyot nga proyekto.
Matod ni Cabanlas, sayon ra gyod unta matubag ang mga pangutana ug kabalaka kon gipadayag pa kini atol sa tigom sa komite sa pamalaod niadtong Biernes. Gipasabot niya nga mitambong atol sa maong tigom ang Technical Working Group (TWG) ug mga resource person sama kang Dr. Babia nga andam motubag base sa mga datos kalabot sa feasibility, viability, ug ang kapasidad sa dakbayan sa pagbayad sa maong loan.
Gibutyag ni Konsehal Cabanlas nga dugay na kini nga gitinguha bisan sa mga nangaging mayor apan wala lang mahatagi og kahigayonan tungod sa kakulang sa pag-insister apan karon ubos sa pamunoan ni Mayor Klarex Uy, iyang gihingusgan ang maong proyekto tungod kay nabiyaan na ang Cagayan de Oro bisan sa gagmay nga mga dakbayan sa nasod tungod sa kakulangon sa pagtunol sa saktong serbisyo ngadto sa customer kinsa mao usab ang mga magbubuhis sa gobyerno.
Gipasalig ni Cabanlas sa publiko ug sa iyang mga kauban sa Konseho nga taas pa ang proseso sa maong proyekto ug walay angay nga kahadlokan.
Bahin sa kabalaka kon makawat ba ang maong pundo, iyang gipasabot nga duna kitay mga safeguard institution sama sa Commission on Audit (COA) nga maglantaw niini, gawas pa naa ang Konseho mismo nga magmabinantayon sa pagtukod sa maong imprastraktura. (JRG/SP)