AN ordinance AUTHORIZING THE CITY MAYOR TO ENTER INTO A NEGOTIATED CONTRACT WITH THE DURACON CONSTRUCTION AND DEVELOPMENT CORPORATION, REPRESENTED BY ITS MANAGER, ARCHITECT ALEX T. TAN, COVERING THE RENOVATION/REDEVELOPMENT OF THE COGON PUBLIC MARKET INTO A MULTI-LEVEL PUBLIC MARKET BUILDING AND MALL UNDER A BUILD, OPERATE AND TRANSFER (BOT) SCHEME FOR A TERM OF 25 YEARS, A GROSS INCOME SHARING OF 60%-40% AND A PROJECT COST OF P360 MILLION PER PERSPECTIVE PLAN SUBMITTED TO THIS BODY, AND WITH THE CORPORATION MANAGING, OPERATING AND MAINTAINING THE MALL WHILE THE PUBLIC MARKET COMPONENT THEREOF UNDER THE CITY