An ordinance authorizing the City Mayor to identify, and allocate for, the programs and projects qualified for funding under the 20% Development Fund for Calendar Year 2004 in the amount of P94,000,000.00, and authorizing the implementation of said projects with an option to release the amount/s directly to the barangays in support to cooperative endeavors and hasten the implementation of the same; for this purpose, authorizing the City Mayor to enter into Memoranda of Agreement with concerned barangays and/or other parties covering the implementation of the programs and projects hereof; and approving the annual investment plan for cy 2004