By Othel V. Campos | Mar. 22, 2015 at
11:05pm [ manilastandardtoday.com ]
State-owned Bases Conversion and
Development Authority has created a desk to assist all sub-lessees,
sub-locators and buyers at the Camp John Hay economic zone in Baguio City to
guide them and protect their investments.
BCDA president and chief executive
Arnel Paciano Casanova said the desk would provide legal assistance to the
sub-lessees, sub-locators and buyers so that they can exercise their rights to
protect their investment in Camp John Hay.
“We will provide them with the
necessary information and documents they need so that they are well-informed
and could come up with a prudent decision to protect their rights and
interests,” Casanova said.
“We
recognize the fact that they were misled
into signing a 50-year lease contract instead of 25 years, and
that due to the CJHDevCo’s [Camp John Hay Development Corp.}
continuing disinformation campaign, the more we need to help these CJHDevCo’s victims,” he added.
BCDA legal head Peter Paul Andrew
Flores said the new office aimed to answer and clarify queries from
sub-lessees, sub-locators and buyers.
“We understand their [sub-lessees,
sub-locators and buyers] predicament in this ongoing legal tussle. We are duty
bound as a public servant to inform and update them,” he said.
The BCDA and CJHDevCo filed before the
Baguio Regional Trial Court a petition for judicial confirmation that will pave
the way for the implementation of the ruling of Philippine Dispute Resolution
Center Inc.
The arbitration body ordered the BCDA
to return the 50-year lease payment to CJHDevCo amounting to P1.42 billion.
CJHDevCo, meanwhile, was ordered to
vacate the leased premises and promptly deliver the property in good and
tenantable condition to the BCDA.
Sub-lessees, sub-locators and buyers
are encouraged to get in touch with John Hay Management Corp. manager for special
economic zone administration Zaldy Bello at the JHMC corporate office in Camp John Hay.
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