{"id":137195,"date":"2012-01-31T07:31:26","date_gmt":"2012-01-30T23:31:26","guid":{"rendered":"https:\/\/newsinfo.inquirer.net\/?p=137195"},"modified":"2012-01-31T07:31:26","modified_gmt":"2012-01-30T23:31:26","slug":"rallos-family-wants-srp-lot-auction","status":"publish","type":"post","link":"https:\/\/newsinfo.inquirer.net\/137195\/rallos-family-wants-srp-lot-auction","title":{"rendered":"Rallos family wants SRP lot auction"},"content":{"rendered":"
THE Rallos family called on the Cebu city government anew to settle the P133 million they said was owed to them for a family lot in barangay Sambag II that was expropriated for a road in 1963.<\/p>\n
\u201cWe are very happy. Everything that the city did in order not to pay us was denied by court,\u201d said Roy Rallos in response to a Jan. 26 ruling by Regional Trial Court (RTC) Judge James Himalaloan.<\/p>\n
The judge denied the city\u2019s motion for reconsideration, which sought the annulment of a previous court decision that mandated them to pay the amount to the heirs of Rev. Fr. Vicente Rallos.<\/p>\n
Himalaloan said he found no meritorious ground to rescind his previous ruling.<\/p>\n
If the city declines to pay, Roy said its properties can be auctioned to satisfy its dues to the family.<\/p>\n
Roy said he wouldn’t want any property to be auctioned other than the 9.7 hectares of the South Reclamation Project (SRP).<\/p>\n
\u201cI want a lot that attracts buyers. SRP is my target,\u201d said Rallos, one of 40 Rallos claimants.<\/p>\n
He said their family will definitely not pay the indemnity bond that the sheriff mandated them to pay for the auction to push through.<\/p>\n
\u201cWe don’t have a transaction with Filinvest. You’ll know our next move,\u201d Roy said.<\/p>\n
A portion of the SRP was placed under public auction after the city government refused to settle the claim of the Rallos family.<\/p>\n
But the family needs to put up an indemnity bond of P1.2-billion sought by Filinvest Land Inc.<\/p>\n
The amount represents Filinvest’s development costs for the lot, part of a P25-billion joint venture (JV) agreement with Cebu City.<\/p>\n
The money will be set aside in case Filinvest seeks legal action in the future.<\/p>\n
The city presented a convenio or an old court document, which supposedly proved that the Ralloses donated the property to the city government in 1940.<\/p>\n
But Judge Himalaloan said the agreement is not a supervening event that transpired after judgment of the Rallos lot case which became final and executory.<\/p>\n
The city, through former Cebu City councilor Jocelyn Pesquera, discovered last July 2011 an old convenio or a compromise agreement between feuding descendants of the Rallos family in the 1940s.<\/p>\n
The compromise involved donating the road in Sambag II to the Cebu City government. Reporter Ador Vincent Mayol<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" THE Rallos family called on the Cebu city government anew to settle the P133 million they said was owed to them for a family lot in barangay Sambag II that was expropriated for a road in 1963.<\/p>\n","protected":false},"author":37,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1242,1227],"tags":[33881,8850],"byline":[],"source":[206068],"column":[],"editor":[],"videographer":[],"position":[],"acf":[],"yoast_head":"\n