By Antonio Siegfrid O. Alegado | Business World
THE SENATE on Wednesday ratified bills converting the Imus and Bacoor towns into component cities of Cavite province.
In a unanimous vote, senators gave the green light to the cityhood of Imus and Bacoor towns, allowing them to have the same privileges as component cities including a higher allotment from national revenues.
If ratified by the House of Representatives, a plebiscite will be held in Imus and Bacoor to enact the law.
Local government committee chairman Sen. Ferdinand “Bongbong” R. Marcos Jr. said during the plenary that Imus and Bacoor “has satisfied all the requirements needed for its conversion into a city” under Republic Act (RA) 7160 or Local Government Code of 1991.
A municipality must have a land area of 100 sq. km. and population of no less than 150,000 in order to qualify for cityhood, according to RA 7160.
RA 7160 also states a municipality must have an annual income of at least P100 million for it to be converted into a city. --