Ordinance 11940-2011

AN ORDINANCE AUTHORIZING HONORABLE CITY MAYOR VICENTE Y. EMANO TO NEGOTIATE WITH the philIPPINE VETERANS BANK OR ANY OTHER REPUTABLE GOVERNMENT BANKS FOR A LOAN TO FUND THE CONSTRUCTION OF THE PROPOSED FLYOVERs AT JUNCTION RECTO & VELEZ STREET AND at macanhan, CARMEN junction amounting to P107,782,340.00 and P119,707,260.00, respectively; AND FURTHER AUTHORIZING HIM TO APPLY FOR SUCH LOAN WITH ANY OF THE SAID BANKS THAT CAN OFFER LOAN TERMS MOST ADVANTAGEOUS TO THE CITY GOVERNMENT

LGU: Cagayan de Oro City (City)
Topic: Public Works
Committee: Public Works [2016-2019] Public Works [2019-2022]
Status: Approved
Filed: March 01, 2011

Summary

A LOAN TO FUND THE CONSTRUCTION OF THE PROPOSED FLYOVERs

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