OLYMPIC silver medalist Nesthy Petecio changes her residency from Davao City to Baguio City.
She, her co-medalists and co-students at the University of Baguio will be gifted with more cash by this grateful resort town.
The Baguio council said that it will hand over cash incentives to Petecio and Carlo Paalam, who garnered another Olympic silver, with an additional P400,000 each under the newly-amended Baguio Sports Code.
Both were also honored by their alma mater, the University of Baguio.
Councilor Levy Lloyd Orcales said that under the city sports code, an Olympic gold medalist is entitled to P500,000; a silver medalist, which both athletes are, gets P400,000, and a bronze medalist, P300,000.
It was not known why Eumir Marcial, who also studied in UB and stayed here for most of his training, was not accorded P300,000.
Petecio was enrolled in UB’s international hotel and tourism program while Paalam, a former scavenger in his native Cagayan de Oro, just graduated from senior high school in UB.
UB is considering giving cash to its Olympian boxers, including Irish Magno who failed to get a medal.
Petecio settled for silver in the Tokyo Olympics after losing to Japan’s Sena Irie in the women’s featherweight final.
Paalam fell to Great Britain’s Galal Yafai in the men’s featherweight finals.