Gov. Gwen Garcia once again met with structure owners along Osmeña Boulevard in Cebu City on Tuesday, April 11, to continue the dialogue on their lot encroachment violations.
The Cebu Provincial Government owns the stretch of road lots along Osmeña Blvd, including the sidewalks, from the Capitol Building all the way to Fuente Circle.
Capitol has demanded rent from these establishments starting on the date their buildings began encroaching on Capitol-owned lots.
According to Capitol’s finance consultant Yvonne Gomos, the current rental rate along Osmeña Blvd area stands at P400 per square meter per month, based on the current consumer price index or CPI.
The property owners concerned are also being asked to pay the current rental rate and those in the past, based on the CPI in the year when they started to encroach. The rate would then be deflated, according to Gomos.
There are at least 22 properties initially identified by Capitol’s Real Estate Division that were found to have encroached on the lots owned by Capitol.
The governor has reiterated Capitol’s rights to these prime properties, which portions of the establishments encroached on.
To recall, Capitol also demanded compensation from utility companies whose utility boxes and underground electric lines encroached on Capitol lots along the same area. The same demand was sent to DPWH, which constructed Osmeña Blvd. | Carlo Lorenciana