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Month-long celebration to mark CDA’s 30th anniversary

The Commonwealth Development Authority will be kicking off its month-long 30th anniversary celebration this March. CDA was established through Public Law 4-49 signed by former governor Pedro Tenorio on May 31, 1985 with its functions to be carried out by two divisions—the...
Posted On Mar 01 2016 06:06
, By Frauleine S. Villanueva-Dizon

CDA board passes resolution on accounts, loans signatories

The Commonwealth Development Authority board of directors passed a resolution to designate their signatories to bank accounts and loan documents. During a special board meeting last Friday, the board adopted resolution number CDA-2016-002, “a resolution designating the...
Posted On Feb 22 2016 06:06
, By Frauleine S. Villanueva-Dizon
2

CUC board OK’s surcharge for commercial, govt accounts

Commercial and government customers of the Commonwealth Utilities Corp. will be shouldering the needed funds for the utility company’s capital improvement projects, should it be approved by the Commonwealth Public Utilities Commission. As the board reconvened yesterday, the...
Posted On Feb 19 2016 06:06
, By Frauleine S. Villanueva-Dizon

CUC board withdraws 2015 rate application

• Board warned CUC ‘running out of money’ • Board will reconvene today to discuss rate recommendations further Despite its dire need for additional revenue and warnings of the Commonwealth Utilities Corp. running out of money by October, majority of its board of directors moved...
Posted On Feb 18 2016 04:00
, By Frauleine S. Villanueva-Dizon
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