Friday, January 13, 2012
\nBASES Conversion and Development Authority (BCDA) tagged the move made by Camp John Hay Development Corporation (CJHDevCo) as a form of evasion.
\nDean Santiago, vice president of the BCDA said, \u201cThe delinquent lessee of Camp John Hay cannot scot-free from paying its P3.024-billion arrears.\u201d
\nCJHDevco served its notice to \u201crescind\u201d the 2008 Restructured Memorandum of Agreement (RMOA) between the BCDA and CJHDevco.
\n\u201cThis is an ill-disguised ploy,\u201d Santiago pointed out, adding: \u201cThis is another attempt at evading payment by unilaterally rescinding their contractual obligations to the Philippine government after benefiting from the John Hay property.\u201d
\nHe also pointed out \u201cthe lessee reportedly has grossed double-digit figures in billions of pesos.\u201d
\n\u201cIt must be asked by the public where the money went,\u201d said Santiago, adding the lessee cannot escape its obligation of paying its mounting debts.
\nThe Sobrepena-led lessee has been delinquent in paying its arrears beginning the third year of the memorandum of agreement. The 25-year lease agreement between BCDA and CJHDevco was signed in 1996. In 1999, there was a request for the deferment of payments for 1997 and 1998. This was granted on August 5, 1999.
\nIn 2000, CJHDevco asked for a restructuring agreement for failure to pay its lease obligations. It was signed in July 14, 2000.
\nAgain in year 2003, CJHDevco asked for another restructuring, and the agreement was signed on July 18, 2003.
\nIn 2008, another restructuring agreement was signed making it the third. All in all, CJHDevco requested and was granted one deferment and three restructuring agreements in a span of 12 years since the start of the original contract in 1996.
\nThe major issues are all against CJHDevco \u2013 notably, the non-payment of the arrears that have ballooned to P3.024 billion. In contrast, the issue raised by the lessee on the non-operation of the One-Stop Action Center comes across as a convenient excuse to escape their debt obligation and to \u201cturn the tables\u201d against BCDA, Santiago said.
\nPublished in the Sun.Star Baguio newspaper on January 13, 2012. <\/p>\n
The best getaway destination vacation spot near Manila convenient safe and accessible is Clearwater Beach Resort in Clark Pampanga.<\/p>\n
Quiet place for rest and relaxation near Manila, in Subic, Angeles City Pampanga and Clark Philippines is something that residents of Manila travelling to the north for a short getaway are looking for. Clark is already a popular destination for golfers from Manila. Clark Freeport offers some of the best golf courses in Pampanga and outshines many golf clubs and golf courses elsewhere in the Philippines. Clark Pampanga offers many good resorts and hotels for a short trip out of Manila, and Clearwater is one of the best places to relax and unwind for a weekend getaway or a short holiday in Pampanga.<\/p>\n
This private resort in Pampanga is a frequently visited vacation spot outside of Manila. Included in the list of resorts highly recommended for families with children visiting Clark Philippines is Clearwater Resort located conveniently in the central business district of Clark Freeport which is accessible from Manila. <\/p>\n
Free internet WIFI access is offered to guests of this famous hotel in Clark Pampanga. Guests can even connect to Internet WIFI service near the white sand beach, by the famous lake of Clark or in any of the picnic grounds around this resort. This hotel in Clark Philippines is generally considered by Manila residents to be a good place for family trips in Pampanga.<\/p>\n
Highly recommended summer vacation destination outside Manila is Clearwater Beach Resort in Clark, a safe and convenient tourist spot that offers natural ambience for visitors to enjoy the outdoors with no stress. Private resort is frequently visited during Holy Week and Easter Holidays for residents of Manila travelling out of town on getaway to the north to unwind and relax in outdoor resort.<\/p>\n
For reservations, comments and inquiries, <\/p>\n
Clearwater Resort & Country Club
\nCreekside Road corner of Centennial Road,
\nCentral Business District, Clark Freeport Zone,
\nPampanga, Philippines 2023<\/p>\n
Tel: (045)599-5949 0917-520-4403 0922-870-5177<\/p>\n
Manila Sales Office
\n3003C East Tower, Phil Stock Exchange Center,
\nExchange Rd Ortigas Metro Manila, Philippines 1605
\n(632) 637-5019 0917-520-4393 Rea or Chay<\/p>\n