RESOLUTION INTERPOSING NO OBJECTION TO THE APPLICATION OF RIO VERDE WATER CONSORTIUM, INC., REPRESENTED BY ITS PRESIDENT, ENGR. JOFFREY E. HAPITAN, TO PROVIDE AN END-TO-END LEVEL III WATER SUPPLY FOR ALL BARANGAYS IN CAGAYAN DE ORO CITY, WHICH ARE EITHER WATERLESS OR HAVE NOT BEEN ADEQUATELY SUPPLIED BY THE CAGAYAN DE ORO WATER DISTRICT (COWD); PROVIDED, THAT THE SAID CORPORATION WILL ONLY CHARGE ITS CUSTOMERS Pl5.00 PER CU.M. FOR THE FIRST THREE YEARS OF ITS OPERATIONS AND MAY INCREASE THE SAME TO NOT MORE THAN P16.00 PER CU.M. ON THE FOURTH YEAR UP TO THE FIFTEENTH YEAR OF ITS OPERATIONS