2014 - R - 06 A RESOLUTION APPROVING THE 2014 ANNUAL INVESTMENT PROGRAM OF THE CITY OF OLONGAPO

EXCERPTS FROM THE MINUTES OF THE REGULAR SESSION   OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON

JANUARY  22, 2014 AT THE CITY HALL.

PRESENT:

Hon. Eyrma Yvette Marzan-Estrella- - - - City Councilor & Acting Vice Mayor

Hon. Eduardo J. Piano- - - - - - - - - - - - - -City Councilor

                   & Temporary Presiding Officer

           Hon. Aquilino Y. Cortez, Jr. - - - - - - - - - City Councilor

            Hon. Eduardo G. Guerrero- - - - - - - - - - -      “       “

            Hon. Benjamin G. Cajudo II - - - - - - - - -        “       “

Hon. Elena C. Dabu - - - - - - - - - - - - - - -       “       “

            Hon. Noel Y. Atienza - - - - - - - - - - - - - -       “       “

Hon. Alreuela M. Bundang-Ortiz - - - - - - -      “       “

Hon. Edna A. Elane-  - - - - - - - - - - - - - - -      “       “

Hon. Emerito Linus D. Bacay - - - - - - - - -       “       “

Hon. Randy D. Sionzon- - - - - - - - - - - - - - President, Liga ng mga Barangay

ABSENT:

            None.

RESOLUTION NO. 06

(Series of 2014)

A RESOLUTION APPROVING THE 2014 ANNUAL INVESTMENT PROGRAM

OF THE CITY OF OLONGAPO

WHEREAS, the Local Development Council is mandated to:  formulate long-term, medium-term, and annual socio-economic development plans and policies; formulate the medium-term and annual public investment programs; appraise and prioritize socio-economic development programs and projects; and formulate local investment incentives to promote the inflow and direction of private investment capital as provided by Section 109 of the Local Government Code of the Philippines;

WHEREAS, the members of the Local Development Council of the City of Olongapo had convened and approved the 2014 Annual Investment Program  on November 11, 2013, held at the Sangguniang Panlungsod Session Hall, Olongapo City Hall Complex;

WHEREAS, the formulation of the 2014 Annual Investment Plan is a good governance practice of transparency and an optimum utilization of scarce public resources;

Con’t. of Resolution No.  06 , Series of 2014.

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NOW, THEREFORE, on motion of  City Councilor Eyrma Yvette Marzan-Estrella, 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 approve, as it hereby approves the 2014 Annual Investment Program of the

City of Olongapo.

APPROVED UNANIMOUSLY, January 22, 2014.

  EYRMA YVETTE MARZAN- ESTRELLA                       EDUARDO J. PIANO

                      City Councilor                                                        City Councilor

               Acting Vice-Mayor                                                Temporary Presiding Officer

                                                                                                                   

       AQUILINO Y. CORTEZ, JR.                                         EDUARDO G. GUERRERO                 

                     City Councilor                                                                           City Councilor         

                                                           

   

            BENJAMIN G. CAJUDO II                                              ELENA C. DABU

                       City Councilor                                                          City Councilor                     

                                                                                              

              NOEL Y. ATIENZA                                     ALREUELA M. BUNDANG-ORTIZ                          

                   City Councilor                                                                City Councilor

                                                               

                                                                                         

                    EDNA A. ELANE                                           EMERITO LINUS D. BACAY

                        City Councilor                                                       City Councilor           

RANDY D. SIONZON

President, Liga ng mga Barangay

ATTEST:

                ATTY.  BERNARDINE S. GANTAN

                                Council Secretary

APPROVED BY HIS HONOR, THE CITY MAYOR ON______________________.

                                                                                      RODEL S. CEREZO

                                                                                         Acting  City Mayor

ATTEST:

                    SHEILA R. PADILLA

                  Secretary to the City Mayor