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2010-75 (V1-1303)
Simple Resolution
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A RESOLUTION RETIFYING THE LOAN AGREEMENT, ASSIGNMENT AND OTHER SUPPORTING DOCUMENTS PERTAINING TO THE LOAN/CREDIT FACILITY ENTERED INTO BY AND BETWEEN THE MUNICIPAL GOVERNMENT OF ROXAS REPRESENTED BY HONORABLE MAYOR JACKSON CINCO DY AND THE LAND BANK OF THE PHILIPPINES REPRESENTED BY ITS LENDING CENTER HEAD, MARLON DG DE CASTRO IN THE AMOUNT OF FIFTEEN MILLION PESOS (P15,000,000.00) FOR THE FOLLOWING PURPOSES: 1) P12,000,000 FOR THE PURCHASDE OF TWO (2) UNITS OF BRAND NEW SERVICE VEHICLES AND FIVE (5) UNITS RECONDITIONED HEAVY EQUIPMENT SUCH AS TWO (2) UNITS DUMPTRUCKS, TWO (2) UNITS GARBAGE COMPACTOR AND ONE (1) UNIT PAYLOADER 2) P3,000,000.00 FOR THE CONSTRUCTION OF EXECUTIVE-LEGISLATIVE OFFICES ON THE THIRD FLOOR OF THE EXISTING MUNICIPAL BUILDING/REPAIR AND REHABILITATION OF MUNICIPAL BUILDING, SUBJECT TO ALL LAWS, RULES AND REGULATIONS
Official number: 2010-75
Sponsor:
Cesar T Baticos
Date Approved:
December 13, 2010
Type:
Simple Resolution
Full Text
A RESOLUTION RETIFYING THE LOAN AGREEMENT, ASSIGNMENT AND OTHER SUPPORTING DOCUMENTS PERTAINING TO THE LOAN/CREDIT FACILITY ENTERED INTO BY AND BETWEEN THE MUNICIPAL GOVERNMENT OF ROXAS REPRESENTED BY HONORABLE MAYOR JACKSON CINCO DY AND THE LAND BANK OF THE PHILIPPINES REPRESENTED BY ITS LENDING CENTER HEAD, MARLON DG DE CASTRO IN THE AMOUNT OF FIFTEEN MILLION PESOS (P15,000,000.00) FOR THE FOLLOWING PURPOSES: 1) P12,000,000 FOR THE PURCHASDE OF TWO (2) UNITS OF BRAND NEW SERVICE VEHICLES AND FIVE (5) UNITS RECONDITIONED HEAVY EQUIPMENT SUCH AS TWO (2) UNITS DUMPTRUCKS, TWO (2) UNITS GARBAGE COMPACTOR AND ONE (1) UNIT PAYLOADER 2) P3,000,000.00 FOR THE CONSTRUCTION OF EXECUTIVE-LEGISLATIVE OFFICES ON THE THIRD FLOOR OF THE EXISTING MUNICIPAL BUILDING/REPAIR AND REHABILITATION OF MUNICIPAL BUILDING, SUBJECT TO ALL LAWS, RULES AND REGULATIONS
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