2015 - R - 03 A RESOLUTION APPROVING THE 2015 ANNUAL INVESTMENT PROGRAM OF THE CITY OF OLONGAPO, AS APPROVED AND SUBMITTED BY THE LOCAL DEVELOPMENT COUNCIL

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

 JANUARY 07, 2015 AT THE CITY HALL.

PRESENT:

           

Hon. Rodel S. Cerezo - - - - - - - - - - - - - - - -City Vice-Mayor & Presiding Officer

Hon. Eyrma Yvette D. Marzan-Estrella- - - - City Councilor

Hon. Eduardo J. Piano- - - - - - - - - - - - - - - -    “        “

           Hon. Aquilino Y. Cortez, Jr.- - - - - - - - - - - -    “        “

            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 C. Sionzon- - - - - - - - - - - - - - - - President, Liga ng mga Barangay

Hon. Egmidio M. Gonzales, Jr.- - - - - - - - - - - Indigenous Peoples Mandatory                              

                                                                           Representative

ABSENT:

            None.

                                   

RESOLUTION NO. 03

(Series of 2015)

A RESOLUTION APPROVING THE 2015 ANNUAL INVESTMENT PROGRAM

 OF THE CITY OF OLONGAPO, AS APPROVED AND SUBMITTED BY THE

LOCAL DEVELOPMENT COUNCIL

            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 formulated the 2015 Annual Investment Program on November 11, 2014, held at the FMA Hall, Olongapo City Hall Complex.

            WHEREAS, the formulation of the 2015 AIP is a good governance practice of transparency and an optimum utilization of scarce public resources;

Con’t. of  Resolution  No.03, Series of 2015.

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            NOW, THEREFORE, on motion of City Councilor Elena C. Dabu, 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 approve,  as it hereby approves the 2015 Annual Investment Program of the City of Olongapo, as approved and submitted by the Local Development Council.

           

APPROVED,   January 07, 2015.

RODEL S. CEREZO

City Vice-Mayor & Presiding Officer

EYRMA YVETTE D. MARZAN- ESTRELLA                  EDUARDO J. PIANO

                          City Councilor                                                       City Councilor

                              (opposed)                                                              (opposed)

                                                                                                                        

       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 C. SIONZON                                    EGMIDIO M. GONZALES, JR.

      President, Liga ng mga Barangay                Indigenous Peoples Mandatory Representative

ATTEST:

                     ATTY. BERNARDINE S. GANTAN

                                   Council Secretary

APPROVED BY HIS HONOR, THE CITY MAYOR  ON ___________________

                                                                                    ROLEN C. PAULINO

                                                                                                 City Mayor

ATTEST:

                    SHEILA R. PADILLA

                  Secretary to the City Mayor