August 25 is also the Charter Day anniversary of Iloilo.
Mabilog met Friday with contractor FF Cruz Fraysinet and city fiscal managers on the construction status of the new City Hall building, which costs some P710 million.
The mayor said P450 million was first loaned from Land Bank of the Philippines. The contractor bid price was P386 million, while the city will again loan P260 million to fund the revised construction plan and to buy the many amenities such new furniture, air conditioning units, additional elevators and solar panels, among others.
The contractor assured the completion of the building by end of June but the furnishings will be completed by middle of August 2011.
Mabilog said the eventual transfer of offices and employees to the new building signifies the vision of the City Government to provide a descent workplace.
He said aside from the new City Hall, his projects within the year also include the new city community college, which is now under construction through the donation of Injap Corp.
Mabilog also eyed the rehabilitation of the Iloilo terminal market and the central market, slaughterhouse at Tacas Jaro and the realization of the multi-million peso Guimaras Iloilo ferry terminal project at the Parola.