Sunday, April 29, 2012

Merrera assails P55M loan of Binmaley

Mayor Cerezo (3rd from left) and Vice Mayor Merrera (extreme right) meet dignitaries

BINMALEY – The vice mayor of this largest voting town in the 2nd congressional district of Pangasinan was not sold-out at the new P55 million loan entered with the Land Bank of the Philippines by the administration of Mayor Lorenzo Cerezo .
Vice Mayor Pedro A. Merrera reasoned that this town still pays the amortization of the P36 million loan contracted by former Mayor Samuel Rosario while the proceeds of the new P55 million loan goes to projects that are not income generating.
“Because how can we pay the P55 million if those projects are not income generating? As a businessman, I know that before you make a loan, you envision that your business grows up,” he stressed.
One of the projects envisioned by the Cerezo administration is the P23 million auditoriums in spite of the presence of the gymnasium built by the preceding administration.
The vice mayor said Mayor Cerezo plans to use the edifice as parking area for motorized trikes.
Mererra said the gymnasium should bode well if the mayor here leases some of its area to 711 retail store.
“I told him I will go with it. If that would not be P1.6 million I will be against it”.
He deplored the absence of transparency on the Cerezo administration and the councilors in the Sangguniang Bayan (town council) on the details how the projects from the P55 million loan would be implemented.
“Iyong hinihingi kong transparency hindi nila ibinibigay sa akin. Kasi nga noong pinag-uusapan ang P55 milion I told them when we do the ratification we will put na sana within a period of one month they submit a project- document on the proposed projects,” he averred.
He said despite his opposition to the loan, all the members of the august chamber including those “stalwarts” who are allied with former mayor Rosario voted for it.
Merrera and Rosario are rumored to slug it out with Cerezo incase he seeks his reelection for the mayoralty next year (Mortz C. Ortigoza).

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