NIGHTLIFE in Dagupan City is envisioned to get more exciting with the opening in July of the Metro Plaza complex in front of the city hall.
Mayor Benjamin Lim, speaking at the KBP Forum on Thursday, said the complex will house mostly food stalls and restaurants.
The project, set-up under the build-operate-transfer scheme, is expected to generate about 500 jobs and an estimated P5 million from rentals, business and real estate taxes annually.
“The income will make a substantial contribution to the city’s P560 million budget,” Lim said.
CONTROVERSIAL
Construction for the Metro Plaza started during the previous term of Lim, but was stopped under the administration of former Mayor Alipio Fernandez for lack of a building permit.
The complex is located on a portion of the Magsaysay Market, originally operated by Bugnay Construction and Development Corp. under a lease contract with the city, which was gutted by fire in September 2005.
After the fire, Bugnay asked that the lease contract be terminated without any obligation for unpaid taxes, damages and other claims.
Lim apparently agreed to the proposal.
But the sangguniang panlungsod during the Fernandez administration disagreed with the move, saying that Lim had no power to make such an agreement without authorization from the city council. (with a report from PIA-Pangasinan)
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