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                    [ArticleID] => 1292251
                    [Title] => Camp John Hay developer owes gov’t P3.4 B – BCDA
                    [Summary] => 
The developer of Camp John Hay in Baguio City allegedly owes the government P3.4 billion in unpaid lease rentals, a Bases Conversion and Development Authority (BCDA) official told a House hearing yesterday.

                    [DatePublished] => 2014-02-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1097047
                    [AuthorName] =>  Jess Diaz
                    [SectionName] => Nation
                    [SectionUrl] => nation
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 190072
                    [Title] => BCDA amenable to compromise with CJHDC
                    [Summary] => Bases Conversion Development Authority (BCDA) president Rufo Colayco is amenable to a compromise with the Camp John Hay Development Corp. regarding  the latter’s debt to the former.


According to Colayco, the BCDA is aware of the financial difficulties of the CJHDC and, as such, is willing to restructure the almost P1-billion debt of CJHDC.


"You cannot squeeze blood out of stone," Colayco admitted.


                    [DatePublished] => 2003-01-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
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                    [ArticleID] => 173254
                    [Title] => BCDA willing to allow Camp John Hay Dev’t to restructure rental payments
                    [Summary] => Taking cognizance of the depressed economic situation, the Bases Conversion and Development Authority (BCDA) is willing to give more leeway to the  Camp John Hay Development Corp. (CJHDC) to restructure its rental payments.


BCDA president and chief executive officer Rufo Colayco said the CJHDC is in arrears to the BCDA amounting to P700 million.


Colayco said the BCDA is willing to accept payment in the form  of "some cash and some assets."


                    [DatePublished] => 2002-08-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
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            [3] => Array
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                    [ArticleID] => 153574
                    [Title] => Camp John Hay rental issue nears resolution
                    [Summary] => The Camp John Hay Development Corp. (CJHDC) and the Bases Conversion and Development Authority (BCDA) are close  to hammering a deal on the rental payments of CJHDC for the Camp John Hay property, CJHDC chairman Robert John Sobrepeña disclosed yesterday.


According to Sobrepeña, newly-appointed BCDA chairman Florencio Padernal has formed a committee to negotiate with CJHDC on the rental restructuring and investment commitment.


"With the formation of the committee, an agreement may be reached in the next 30 to 60 days," Sobrepeña said.


                    [DatePublished] => 2002-03-12 00:00:00
                    [ColumnID] => 133272
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CJHDC

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    [results] => Array
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                    [ArticleID] => 1292251
                    [Title] => Camp John Hay developer owes gov’t P3.4 B – BCDA
                    [Summary] => 
The developer of Camp John Hay in Baguio City allegedly owes the government P3.4 billion in unpaid lease rentals, a Bases Conversion and Development Authority (BCDA) official told a House hearing yesterday.

                    [DatePublished] => 2014-02-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1097047
                    [AuthorName] =>  Jess Diaz
                    [SectionName] => Nation
                    [SectionUrl] => nation
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                (
                    [ArticleID] => 190072
                    [Title] => BCDA amenable to compromise with CJHDC
                    [Summary] => Bases Conversion Development Authority (BCDA) president Rufo Colayco is amenable to a compromise with the Camp John Hay Development Corp. regarding  the latter’s debt to the former.


According to Colayco, the BCDA is aware of the financial difficulties of the CJHDC and, as such, is willing to restructure the almost P1-billion debt of CJHDC.


"You cannot squeeze blood out of stone," Colayco admitted.


                    [DatePublished] => 2003-01-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 173254
                    [Title] => BCDA willing to allow Camp John Hay Dev’t to restructure rental payments
                    [Summary] => Taking cognizance of the depressed economic situation, the Bases Conversion and Development Authority (BCDA) is willing to give more leeway to the  Camp John Hay Development Corp. (CJHDC) to restructure its rental payments.


BCDA president and chief executive officer Rufo Colayco said the CJHDC is in arrears to the BCDA amounting to P700 million.


Colayco said the BCDA is willing to accept payment in the form  of "some cash and some assets."


                    [DatePublished] => 2002-08-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 153574
                    [Title] => Camp John Hay rental issue nears resolution
                    [Summary] => The Camp John Hay Development Corp. (CJHDC) and the Bases Conversion and Development Authority (BCDA) are close  to hammering a deal on the rental payments of CJHDC for the Camp John Hay property, CJHDC chairman Robert John Sobrepeña disclosed yesterday.


According to Sobrepeña, newly-appointed BCDA chairman Florencio Padernal has formed a committee to negotiate with CJHDC on the rental restructuring and investment commitment.


"With the formation of the committee, an agreement may be reached in the next 30 to 60 days," Sobrepeña said.


                    [DatePublished] => 2002-03-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Camp John Hay developer owes gov’t P3.4 B – BCDA

By Jess Diaz | February 20, 2014 - 12:00am

The developer of Camp John Hay in Baguio City allegedly owes the government P3.4 billion in unpaid lease rentals, a Bases Conversion and Development Authority (BCDA) official told a House hearing yesterday.

Nation

BCDA amenable to compromise with CJHDC

By Marianne V. Go | January 2, 2003 - 12:00am

Bases Conversion Development Authority (BCDA) president Rufo Colayco is amenable to a compromise with the Camp John Hay Development Corp. regarding the latter’s debt to the former. According to Colayco, the...

Business

BCDA willing to allow Camp John Hay Dev’t to restructure rental payments

By Marianne V. Go | August 24, 2002 - 12:00am

Taking cognizance of the depressed economic situation, the Bases Conversion and Development Authority (BCDA) is willing to give more leeway to the Camp John Hay Development Corp. (CJHDC) to restructure its rental...

Business

Camp John Hay rental issue nears resolution

March 12, 2002 - 12:00am

The Camp John Hay Development Corp. (CJHDC) and the Bases Conversion and Development Authority (BCDA) are close to hammering a deal on the rental payments of CJHDC for the Camp John Hay property, CJHDC chairman...

Business