By Dominic B. dela Cruz
Staff reporter
Laoag
CITY—The Sangguniang Panlungsod here started
approving the reclassification of lots in the city from residential to
commercial on its third and final reading.
During a regular session, the
city council approved the reclassification of land use zoning of parcels of
land along the western side of the Laoag-Suba Road of Barangay 40 Balatong this
city starting the southern end of the Mangato Bridge leading to Barangay 38-A
Mangato East from residential to commercial.
Likewise, the council also
approved same measure along the southern portion of P. Paterno Street from the
intersection of Tomas Pasion St. in the south west to Katipunan St. in the north
east.
Laoag Vice Mayor and council presiding
officer Atty. Franklin Dante A. Respicio said the reclassification aims to
invite investors to come to the city and explore possible investment.
Records show, according to Mr.
Respicio, that the reclassified lots are target areas for commercial
opportunities in the city. He added that these areas will soon become commercial
areas as the “heart of the city” is slowly becoming congested.
Relative to this, Mr. Respicio
said that this is also one way to encourage investors to come and that the city
is ready when they do come. He added that the city government should also have
local laws that are consistent with the comprehensive land use plan, including
the city’s zoning laws.
After the reclassification, Mr.
Respicio said lot owners will pay higher real property taxes as the city will
now charge their lots will now with the commercial rate.
However, the assessment value
of said lots will also rise.
Prior to its final approval, Mr.
Respicio noted that owners of the affected lots approved the reclassification
based on the public hearing conducted.
Also discussed during the
public hearing is the issue that the 30 percent of the real property tax
collections will go back to their barangay as additional funds for projects.
In addition, the council also
approved another city ordinance for second reading with same content located
along western side of the Laoag-Suba Road of Barangay 40 Balatong beginning at
the southern end of the Mangato Bridge to the Barangay Road leading to Barangay
38-A Mangato East.
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