Dumaguete’s ₱2.185B loan was described as fixed at 4.5%, but draft contracts let LBP and DBP reprice as the BSP raises rates again.

The proposed P2.185-billion borrowing covers a P1.94-billion public market and a P237-million City Hall, and is drawing public questions over cost as an independent committee and city councilors evaluate it.

Administrative charges against Barangay Junob Punong Barangay Isagani Bana were frozen by the Dumaguete City council, citing a mandatory 90-day pre-election prohibition under the Local Government Code.

Dumaguete’s city council gave final approval to a ₱2.185-billion borrowing plan for a public market and City Hall extension before its own independent review body could submit findings.

An independent four-member panel of lawyers, engineers, and auditors may soon evaluate whether Dumaguete City’s proposed loan for two major infrastructure projects is fiscally sound.

Former Dumaguete councilor Atty. Petit Baldado raises fiscal concerns over Dumaguete City’s proposed ₱2.185B loan for two major infrastructure projects.

Dumaguete’s Sangguniang Panlungsod holds three-day public hearings May 19–21 on a ₱2.185-billion loan for a new public market and City Hall extension.

City Development Council approved historic P2.185-billion borrowing package for public market and city hall projects in 27-minute meeting with no questions recorded.

Legal questions mount over Michael Jorolan’s authority as acting barangay captain as elected official Erwin Lozada moves to resume office in Barangay Looc.