LOAY, Bohol – Mayor Rosemarie Lim-Imboy yesterday sharply reacted to the reported accusation that the grant-loan to the tune of Php230 million intended for her town’s development projects and programs is for her political use. She disclosed that the allegation is hurled against her by her political detractors. One of those, she said, is Kagawad Ondoy Adiong, who reportedly walked out of the session when the matter was taken up during the Sangguniang Bayan session. She said that her town tried to apply for the grant-loan package offered by government-owned-managed banks since it is 90% grant and ten percent loan.
And the amount of said package is being applied for because the town is capable of paying the ten percent loan, if ever granted, by the bank. And it is up to the bank how much it would approve. She said that all the processes in securing the approval from municipal council have been done. And she got the imprimatur by way of a Resolution not only because she has the SB majority but she believes they are convinced of the need and importance of the grant-loan. The said measure authorized her to negotiate with the bank concerned to avail of the said grant-loan.
She challenged her critics to be vigilant and watch her in the use of the fund if ever the bank approves it. Imboy said the fund, if approved, is intended for dredging of the seaport that the town is managing. And it would also augment in the rehabilitation of barangay halls, roads and other infrastructure that are not included in the Bohol Earthquake Assistance Fund.
Acquisition of a brand new generator set as buffer in the event of blackout is also on the list of programs to be funded by the grant-loan, Imboy said. But right now, she said she’s just focusing to work hard and for more development projects and activities for her town to grow before she’ll be off from public service as her last term will end next year. (rvo)