AN ORDINANCE approving the application of Cagayan de Oro Sports Arena, represented by Mr. Orlando P. Mangayan, Officer-In-Charge, to hold a Three- (3) day Five- (5) Cock Stag Derby at the said arena, this City, on October 5, 6 & 7, 2006 from 10:00 A.M. up to 1:00 A.M. of the following day only