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DAR installs 165 more land reform recipients

visayan daily

The Department of Agrarian Reform installed 165 agrarian reform beneficiaries in landholdings formerly owned by Mirasol Development Corp. in Hda. Lourdes, Brgy. Andres Bonifacio, Sagay City, Wednesday.



Teresita Mabunay, Provincial Agrarian Reform Program Officer for northern Negros Occidental, said yesterday that  the installed ARBs  will initially occupy 29 hectares left vacant by the owner-corporation, which are portions of the total 105 hectares offered for CARP coverage through the voluntary offer to sell scheme.

Mabunay said the initial 105 hectares are  covered by a Memorandum of Valuation (MOV) by the Land Bank of the Philippines, while the Certificates of Land Ownership Awards (CLOA) in the ARBs’ names are with the Register of Deeds for registration.

She said the ARBs are members of the Mirasol Development Corp. Agrarian Reform Beneficiaries Association and the Andres Bonifacio Agrarian Reform Beneficiaries.

Mabunay added that the  DAR, Department of Agriculture and Land Bank of the Philippines has allotted a P4 million credit line for MDCARBA, where P500,000 will be used to finance the cultivation of the land they received.

Provincial Agrarian Reform Program Officer Milagros Flores, Municipal Agrarian Reform Officers Ma. Victoria Delgado, Jasmin Castillo and Hannah Jubay,  and Barangay Andres Bonifacio officials Carlos Marata and Rolly Jaena and Sagay City police commander, Chief Insp. Edel Jose Manzano attended the installation.*APN

Source: http://www.visayandailystar.com/2014/June/06/businessnews2.htm

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