Professional Documents
Culture Documents
Province of Masbate
City of Masbate
Tel # (056) 333-63-31
COMMITTEE REPORT
Re: Proposed rates for the rental and administration fee of the newly-
constructed Masbate City Public Market as recommended by the Technical
Working Group (TWG) based on the local prevailing rental rates in the City
for possible amendment of the Code of Economic Enterprise of the City of
Masbate.
The matter was referred to said Committee during the 16 th Regular Session
of the 7th City Council dated October 15, 2019 hence, the Committee
Hearing by the Committee on Ways and Means on October 22, 2019 @
Magallanes Coliseum. Present during the hearing were Mr. Marcos Amador,
OIC-Market Administrator; Engr. Sherwin Medina, OIC-City Economic
Enterprise Management Office; market stall vendors of the fish, fruits, meat,
vegetables and dry goods section; members of the Committee; the
Secretariat and; the public.
FINDINGS/ COMMENTS:
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g. Administration fee is mandatory for the new applicants while old
stall owners will no longer pay the administration fee, it being a
one-time payment fee.
h. The Market Vendors Association and Stall Owners Federation
submitted to the Committee copy of position paper per suggestion
during the hearing on October 24, 2019. Contained in the position
paper are the objections of a high-cost market fees, rentals and
administration fees. Instead suggested to:
h.1 Fixed rate of Php 500 for all the stall owners, irrespective of
their products.
h.2. Rental rate for inner and outer stalls be retained to Php 250 per
square meters.
RECOMMENDATION:
RODOLFO C. ABELLA
Vice Chairperson
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