AN ORDINANCE CONFIRMING AND CONCURRING WITH THE ACTION OF THE CITY MAYOR TO RESCIND THE CONTRACT HE HAS SIGNED AND ENTERED INTO, BY AUTHORITY OF THE CITY COUNCIL UNDER ORDINANCE NO. 7676-2001, WITH THE M.S. PAANO CONSTRUCTION COVERING THE CONSTRUCTION OF TWO (2) UNITS CLASSROOM SCHOOL BUILDING IN BARANGAY GUSA, THIS CITY, FUNDED UNDER THE CONGRESSIONAL ALLOCATION OF HONORABLE CONGRESSMAN CONSTANTINO G. JARAULA, FOR VIOLATION OF THE TERMS AND CONDITIONS OF THE SAID CONTRACT