AN ORDINANCE GRANTING FRANCHISE TO MR. SILVESTRE R. INOCIAN, TO OPERATE AND MAINTAIN THE INDAHAG SQUARE GARDEN COCKPIT, LOCATED IN BARANGAY INDAHAG, THIS CITY, FOR A PERIOD OF THREE (3) YEARS, UNDER THE TERMS AND CONDITIONS IMPOSED HEREIN, AND SUBJECT TO EXISTING LAWS, RULES AND REGULATIONS PERTINENT THERETO