WITH NO other proposals submitted to challenge the P18-billion development plan of Universal Hotels and Resorts, Inc. (UHRI) at the South Road Properties (SRP), Cebu City Mayor Tomas R. Osmeña said they are now preparing to endorse the contract for approval by the city council. “It’s supposed to be submitted to the council anytime now for their approval. The bidding has been unchallenged. There was one or two others that inquired about it, but did not push through. I think it’s going to push through,” Mr. Osmeña told reporters. The deadline for the submission of Expressions of Interest (EOIs) to contest the UHRI proposal was last Feb. 14. UHRI is proposing to lease the eight-hectare lot on Kawit Island at the SRP to build a hotel, restaurant, casino, convention center, yacht club, and waterpark, among other facilities. Mr. Osmeña said once the deal with UHRI is closed, the city will then push through with the sale of another three-hectare lot at the SRP. — The Freeman

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