AN ORDINANCE authorizing the Honorable City Mayor to enter into a Memorandum of Agreement with the Federation of Coastal Barangay Fisherfolks Association of Cagayan de Oro City (FEDCOBAFAC) covering the release of financial assistance to the said association in the amount of P100,000.00 for the improvement of its Monitoring Control and Surveillance (MCS) Center at Gusa Mangrove area, this City, funded by the Priority Development Assistance Fund of Honorable Congressman Constantino G. Jaraula (Lone District Representative of Cagayan de Oro) per SARO No. ROCS-06-01789 dated April 6, 2006, with MDS Check No. 985445 dated June 2, 2006