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DELAY OF WORK RESUMPTION SEEN
Agora consortium
partner backs out

The eyesore generated by the unfinished Agora will remain just that-eyesore, after one of the consortium partners reportedly backed out from participating to its completion.

It was pleasant to hear during the Mayor's Report last week when City Mayor Dan Neri Lim announced that resumption of work in the Agora would start the week after.

But nothing of that nature came into view as the Agora remains the same old, unfinished structure. Agora watchers were expecting a beehive of construction activities since last week in consonance to the city mayor's radio announcement.

Completion of the Agora became a pain in the ass of at least two city hall administrations after it was marred by setback after setback.

Constructed during the administration of city mayor Jose Torralba and after spending more than P40 million, the unfinished market was the object of criticisms of concerned Tagbilaranons.

   

When Mayor Lim was elected into office in 2004, he made the Agora completion as his top priority.

Motivated by the best of intentions, he assembled a group of businessmen not from the city for a built, operate, transfer mode. The deal costs P70 million.

Dubbed as Tagbilaran Business Center, the city stands to benefit at least P5 million a month for a period of 25 years out of the BOT scheme.

The latest snag that bedevils its completion was the reported break-up of the three-man consortium.

Reports reaching the Post yesterday showed that Juanito Lim, a Zamboanga- based businessman and owner of the Aldea Photo Shop reportedly severed his relationship with two of his consortium partners identified as Beng Ho, a contractor and Ko Bing Sum, owner of Unitop Tagbilaran.

Pooling their resources, they would have provided the completion touches of what looked like the skeletal remains of the city Agora.

But it appeared that their partnership was not build to last.

In an interview with the Aldea owner, he said he lost interest in joining the consortium after a disagreement with his two other associates in relation to the building design.

Work of the Agora was stopped last year after city hall authorities did not agree with its building design. No work had since been in motion since it was stopped last year.

The two other consortium participants-Ho and Sum are supposed to arrive here tomorrow apparently to thresh out some partnership kinks.

The Aldea owner is also the developer of the defunct Torralba Private Market. In its place is a multi door commercial building, now on its finishing phase of construction.

It was reported that the Torralba developer was having as falling out with Mayor Lim after it was gathered that the original plan of the commercial space provider was to construct a high rise hotel.

Mayor Lim reportedly balked of the hotel idea saying that the high rise site is the flight path of airliners plying the Manila-Tagbilaran-Manila route.

The incident was enough to make their business partnership turn sour.

 

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