Ordinance 10807-2007

AN ORDINANCE authorizing Honorable City Mayor Constantino G. Jaraula to negotiate with either the Land Bank of the Philippines, Development Bank of the Philippines, Philippine Veterans Bank or any other reputable government banks for a loan in the amount of not more than P300 Million to fund the construction of the proposed Legislative/Executive Building; 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: Finance, Budget and Appropriations
Committee: Finance, Budget & Appropriations [2016-2019] Finance, Budget & Appropriations [2019-2022]
Status: Approved
Filed: October 22, 2007

Summary

To fund the construction of the proposed Legislative/Executive Building

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