Former Trustee Rowina Tan-Saban, who chaired the Resource Committee,shares information on I.S.M.'s land lease, the property management contract, the internet service provider and the status of the transaction with Megaworld.
Rowina Tan Saban
Attached is the fact sheet, tried to keep it as brief as possible, just enough to counter misinformation found in other blogspot, but should be enough for stakeholders to make their own judgement.
FACTS - FACILITIES RESOURCES COMMITTEE
1. ISM's 7-hectare campus in Fort Bonifacio, Taguig is leased from BCDA (Bases Conversion Development Authority), a government owned corporation and not FBDC (First Bonifacio Development Corp).
2. When it was evident that ISM was not getting an acceptable service from Colliers Property Management, a transparent bid process (bidding, interviews, reference checks, etc) was conducted. Ayala Property Management was awarded the contract to commence July 2005 and since then has provided a superior quality of service that has been of real benefit to the school especially in the areas of cost reduction schemes, maximizing use of school equipments, maintenance and other projects, among others.
3. At a special Board meeting last June 19, 2006, the contract with Globe Telecom as ISM's internet service provider was confirmed by the Board without any objection and with the strong recommendation by Tom Navasero that the Board should support ISM administrators in their desire to upgrade the school's information technology capacity. The need for increased bandwidth was transparent and must be addressed immediately.
Highlights of the contract with Globe Telecom:
4. MEGAWORLD - PROPOSED TEACHER HOUSING
from reputable structural engineers were sought to determine the structural
integrity of the units. To date, no decision has been endorsed to the
Board that would encourage shifting to another nearby development and/or
to abandon the Megaworld project.