2006 Res No 34 - expressing support to hanjin heavy industries

EXCERPTS FROM THE MINUTES OF THE REGULAR SESSION OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON MARCH 01, 2006 AT THE CITY HALL.

PRESENT:

Hon. Rolen C. Paulino - - - - - - - - - - - - - - City Vice Mayor & Presiding Officer
Hon. Noel Y. Atienza- - - - - - - - - - - - - - - City Councilor
Hon. Cynthia G. Cajudo - - - - - - - - - - - - - “ “
Hon. Bella P. Asuncion - - - - - - - - - - - - - - “ “
Hon. Angelina B. Andrada - - - - - - - - - - - - “ “
Hon. Marey Beth D. Marzan- - - - - - - - - - - “ “
Hon. Anselmo A. Aquino - - - - - - - - - - - - - “ “
Hon. Edwin J. Piano- - - - - - - - - - - - - - - - - “ “
Hon. Gina G. Perez - - - - - - - - - - - - - - - - - “ “
Hon. Robine Rose C. Buenafe - - - - - - - - - - SK Federation President

ABSENT:

Hon. Brian Patrick H. Gordon - - - - - - - - - - City Councilor
Hon. Napoleon F. Capistrano- - - - - - - - - - - President, Liga ng mga Barangay

RESOLUTION NO. 34
(Series of 2006)

A RESOLUTION EXPRESSING SUPPORT TO THE UNDERTAKINGS
OF HANJIN HEAVY INDUSTRIES AND CONSTRUCTION CO., LTD. (HHICC)

WHEREAS, Hanjin Heavy Industries and Construction Co., LTD. (HHIC) signed a land lease agreement with the Subic Bay Metropolitan Authority (SBMA) for the construction and operation of a shipyard at the Subic Bay Freeport Zone;

WHEREAS, the company also committed to pour in about $1 Billion over the next year in a steel structure fabrication yard at the 230-hectare land covered by the abovesaid lease agreement;

WHEREAS, the said Korean investment is expected to boost economic activity at the country’s premiere freeport zone and generate 30,000 to 40,000 jobs;

WHEREAS, the City is positive that its constituents will the first beneficiaries of such a kind of investor confidence accorded by the Hanjin, to the country in general and the Subic Bay Freeport Zone with its neighbors in particular;

WHEREAS, the City looks forward to the rippling effects of this undertaking, the strengthening of partnerships, wider business opportunities and renewed socio-economic stamina to the further improvement of the quality of lives of the Olongapeños;

NOW, THEREFORE, upon the unanimous accord of the members of Sangguniang Panlungsod present;

RESOLVED, AS IT IS HEREBY RESOLVED, by the Sangguniang Panlungsod in session assembled to express, as it hereby expresses support to the undertakings of Hanjin Heavy Industries And Construction Co., Ltd. (HHICC)


Con’t. of Resolution No. 34, Series of 2006.

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Let a copy of this Resolution be furnished Hanjin Heavy Industries And Construction Co., Ltd. (HHICC) for their information and record.


APPROVED UNANIMOUSLY, March 01, 2006.


ROLEN C. PAULINO
City Vice Mayor & Presiding Officer


NOEL Y. ATIENZA CYNTHIA G. CAJUDO
City Councilor City Councilor

BELLA P. ASUNCION MAREY BETH D. MARZAN
City Councilor City Councilor

ANGELINA B. ANDRADA BRIAN PATRICK H. GORDON
City Councilor City Councilor
(Absent)

ANSELMO A. AQUINO EDWIN J. PIANO
City Councilor City Councilor

GINA G. PEREZ NAPOLEON F. CAPISTRANO
City Councilor President, Liga ng mga Barangay
(Absent)

ROBINE ROSE C. BUENAFE
SK Federation President

ATTEST:

JOCELYN P. NIÑONUEVO
Temporary Council Secretary

APPROVED BY HIS HONOR, THE CITY MAYOR ON______________________.


JAMES GORDON, JR.
City Mayor
ATTEST:

DELFIN A. JUICO, JR.
Secretary to the City Mayor