2009 O - 30 - REVERTING THE AMOUNT OF PHP500,000.00 FROM THE ITEM LOANS PAYABLE UNDER MAINTENANCE AND OTHER OPERATING EXPENSES

EXCERPTS FROM THE MINUTES OF THE REGULAR SESSION OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON OCTOBER 7, 2009 AT THE CITY HALL.

PRESENT:

Hon. Cynthia G. Cajudo - - City Vice-Mayor & Presiding Officer

Hon. Gina Gulanes-Perez - - - City Councilor

Hon. John Carlos G. Delos Reyes- - “ “

Hon. Rodel S. Cerezo - - - “ “

Hon. Sarah Lugerna Lipumano-Garcia- - “ “

Hon. Edwin J. Piano - - - - - “ “

Hon. Angelito W. Baloy - “ “

Hon. Aquilino Y. Cortez, Jr.- - - “ “

Hon. Elena C. Dabu- - - “ “

Hon. Jonathan G. Manalo- “ “

Hon. Cheenee F. Hoya- - - - - SK Federation President

ABSENT:

Hon. Anselmo A. Aquino- - - City Councilor

In the interest of the public service and on motion of City Councilor Jonathan G. Manalo, with the majority decision of the Members of the Sangguniang Panlungsod present,

RESOLVED, AS IT IS HEREBY RESOLVED, by the Sangguniang Panlungsod in session assembled, to enact the following Ordinance:

ORDINANCE NO. 30

(Series of 2009)

AN ORDINANCE REVERTING THE AMOUNT OF FIVE HUNDRED THOUSAND PESOS (PHP500,000.00) FROM THE ITEM LOANS PAYABLE UNDER MAINTENANCE AND OTHER OPERATING EXPENSES TO THE ITEM OTHER MACHINERIES AND EQUIPMENT UNDER CAPITAL OUTLAY OF THE OLONGAPO CITY MALL.

BE IT ORDAINED BY THE SANGGUNIANG PANLUNGSOD IN SESSION ASSEMBLED THAT:

SECTION 1. The amount of Five Hundred Thousand Pesos (PhP500,000.00) is hereby reverted from the item Loans Payable under Maintenance and Other Operating Expenses to the item Other Machineries and Equipment under Capital Outlay of the Olongapo City Mall.

SECTION 2. This Ordinance shall be subject to the usual Accounting and Auditing Rules and Regulations.

SECTION 3. The pertinent Letter Request of the Honorable City Mayor James Gordon Jr. dated October 6, 2009 and the letter of Mr. Honorio Gomez, OIC Mall Administrator dated September 29, 2009 shall be made as integral parts of this measure.

SECTION 4. This Ordinance shall take effect upon its approval.

APPROVED, October 7, 2009.

CYNTHIA G. CAJUDO

City Vice-Mayor & Presiding Officer

GINA GULANES-PEREZ JOHN CARLOS G. DELOS REYES

City Councilor City Councilor

RODEL S. CEREZO SARAH LUGERNA LIPUMANO-GARCIA

City Councilor City Councilor

(Opposed)

EDWIN J. PIANO ANGELITO W. BALOY

City Councilor City Councilor

AQUILINO Y. CORTEZ, JR ANSELMO A. AQUINO

City Councilor City Councilor

(Absent)

ELENA C. DABU JONATHAN G. MANALO

City Councilor City Councilor

CHEENEE F. HOYA

SK Federation President

ATTEST:

ELFLIDA S. SALMON

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