Why did Tabuk City Vice Mayor refuse to sign P1.9B CLGU proposed loan?

Tabuk City, Kalinga – Vice Mayor Bernard Dao-as refused to sign the P1.925 billion proposed loan of the City Local Government Unit for various development programs and projects in Tabuk, explaining that some contents in the proposal appear questionable.

The explanation of Vice-Mayor Dao-as was posted on his official Facebook page.

The Omnibus Loan Agreement, Deed of Assignment and Ordinance on the Rights, Obligations and Responsibilities of the City Government on the P1.925 billion proposed loan was approved on its first reading last July 1, 2021.

Dao-as questioned the proposed hospital amounting to P950,000,000, saying there was no feasibility study on how it is going to operate, the needed equipment and manpower.

He also said that he didn’t sign because the proposed projects such as the construction of Legislative building, improvement of roads, improvement of city hall building and compound, and the Construction of Training Center-Balong Agro-Food can be funded through the regular funding of the city.

Further, Dao-as mentioned that there was no attached certificate of debt service ceiling and borrowing capacity of the Bureau of Local Governance and Finance for the request for resolution from the Sangguniang Panlungsod, authorizing the local chief executive to enter in an agreement with the Development Bank of the Philippines.

“Insigun kenni Dao-as, saan a nalawag ti pakaaramatan ti 1.9 billion nga utangen ti lokal a gobyerno a mabalin a mausar iti saan a nasayaat a wagas nga isu ti pakailumluman ti syudad ti dakkel nga utang a mangted iti panagrigat ti Tabuk ken dagiti Tabukenyos,” the official facebook page of the Vice Mayor’s Office quoted Dao-as.

Apart from Dao-as, Councilors Zorayda Wacnang, Dick Bal-o, and Samuel Sumaal also didn’t affix their signature on the document.

The Omnibus Loan Agreement, deed of assignment, and ordinance on the rights, obligations and responsibility of the City government on the P1.925 billion proposed loan was referred to the Committee on Appropriation.

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