AN ORDINANCE AUTHORIZING THE CITY VICE MAYOR AND PRESIDING OFFICER TO ENTER INTO A CONTRACT WITH ANY TV STATION WHICH SHALL OFFER LOWEST BID OF NOT MORE THAN P7,500.00 PER MONTH FOR THE DELAYED BROADCAST OF THE PROCEEDINGS OF THE WEEKLY REGULAR SESSIONS OF THE CITY COUNCIL, AND FOR THIS PURPOSE, REVERTING THE SUM OF P30,000.00 FROM THE ITEM "OTHER SERVICES" IN THE OFFICE OF THE CITY VICE MAYOR TO BE MADE AVAILABLE THEREFOR