2010 O - 03 - EXTENDING THE 20% DISCOUNT ON THE ADVANCE PAYMENT OF RPT DUE FOR THE YEAR 2010 AS PROVIDED UNDER SECTION 2B.12 OF THE 2007 REVENUE CODE

EXCERPTS FROM THE MINUTES OF THE REGULAR SESSION OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON JANUARY 06, 2010 AT THE CITY HALL.

PRESENT:

Hon. Gina Gulanes-Perez - - City Councilor & Temporary Presiding Officer

Hon. John Carlos G. delos Reyes- - - City Councilor

Hon. Rodel S. Cerezo- “ “

Hon. Sarah Lugerna Lipumano-Garcia - “ “

Hon. Edwin J. Piano- - - “ “

Hon. Angelito W. Baloy - - “ “

Hon. Aquilino Y. Cortez, Jr. - “ “

Hon. Anselmo A. Aquino- - - “ “

Hon. Elena C. Dabu- - - “ “

Hon. Jonathan G. Manalo- “ “.

Hon. Cheenee F. Hoya- SK Federation President

ABSENT:

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

(On Leave)

WHEREAS, due to the long Christmas holiday and the delay of remittances from abroad due to global financial crisis, many real property taxpayers in the city were not able to avail of the twenty percent (20%) discount on advance payment of Real Property Taxes (RPTs) as provided under Section 2B.12 of the Olongapo City 2007 Revenue Code;

WHEREAS, the City Treasurer in coordination with the City Assessor and the City Finance Committee recommended the extension of the said program to taxpayers who will pay their Real Property Taxes (RPTs) in full for tax year 2010 on or before February 15, 2010;

NOW, THEREFORE, on motion of City Councilor Edwin J. Piano, with the unanimous accord 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. 03

(Series of 2010)

AN ORDINANCE EXTENDING THE 20% DISCOUNT ON THE ADVANCE PAYMENT OF REAL PROPERTY TAXES DUE FOR THE YEAR 2010 AS PROVIDED UNDER SECTION 2B.12 OF THE 2007 REVENUE CODE

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

SECTION 1. The twenty percent (20%) discount on the advance payment of Real Property Taxes Due for Tax Year 2010 is extended until February 15, 2010 to taxpayers who will pay their Real Property Taxes (RPTs) in full.

SECTION 2. This Ordinance shall take effect immediately upon its approval.

APPROVED UNANIMOUSLY, January 06, 2010

CYNTHIA G. CAJUDO

City Vice-Mayor & Presiding Officer

(On Leave)

GINA GULANES-PEREZ JOHN CARLOS G. DELOS REYES

City Councilor City Councilor

& Temporary Presiding Officer

RODEL S. CEREZO SARAH LUGERNA LIPUMANO-GARCIA

City Councilor City Councilor

EDWIN J. PIANO ANGELITO W. BALOY

City Councilor City Councilor

AQUILINO Y. CORTEZ, JR. ANSELMO A. AQUINO

City Councilor City Councilor

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