Davao to give incentives to parking lot owners

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The Davao City Council proposed to pass ordinance encouraging businessmen to put up parking area around the city to help ease the traffic congestion due to wrong parking.

Majority Floor Leader, Councilor Bernard Al-ag said that the council’s action is based on the request of Mayor Sara Duterte during her 1st State of the City Address.

Al-ag said that the council is willing to exempt from real property tax, business taxes and many more in the span of 5 years to those who will create a parking area.

“Initially, we plan to give them 5 year exemption from our taxes. This is to encourage those who have some extra lot to convert it into a parking space,” Al-ag said.

Councilor Jimmy Dureza, Committee chair on Trade and Commerce said that they have already started the 1st committee hearing on the matter.