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Home Business

Seven tenants in planned Gov Pack dev’t not paying rent – DENR-CAR

Angel Castillo by Angel Castillo
July 18, 2022
in Business, News
Reading Time: 1 min read
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WHILE While the Baguio City government has assured that the tenants in the portion of Governor Pack Road planned for development will be included in the plans, the Department of Environment and Natural Resources Cordillera (DENR-CAR), which owns the lots in question, said that a portion of them do not pay rent.

“As long as they have a good standing and they religiously pay their rent, they would be included in the development plan,” DENR-CAR Regional Executive Director Ralph Pablo said.

However, according to Pablo, 12 of the tenants in the affected area are paying rent on schedule and in full, while seven do not pay rent.

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According to Pablo, the seven should settle their arrears, which have ballooned to millions of pesos, if they wish to be included in the development plans for the area.

The city government intends to enter into an agreement with the DENR-CAR for Original Certificate of Title (OCT) No. 1, the plans for which include a south-bound transportation terminal.

OCT No.1 in the name of the government consists of 299,083 square meters of land, part of which is Gov. Pack Road.

The plans and memorandum of agreement also cover the former BIBAK area, which has an area of approximately 5,000 square meters.

The agreement is planned to last for 25 years, renewable through mutual consent of the parties.

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Angel Castillo

Angel Castillo

Angel graduated with a bachelor's degree in Journalism from the University of the Philippines Baguio. As the youngest on the team, he writes on mental health and well being, and the millennial’s point of view.

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