AN ORDINANCE confirming, ratifying and/or approving the Memorandum of Agreement entered into by and between the City Government of Cagayan de Oro, represented by City Mayor Vicente Y. Emano, and the Barangay Council of Nazareth, represented by Punong Barangay Vincent Chaves, covering the construction of the Youth Center and Youth Building in the said barangay, in the amount of P1,500,000.00, funds thereof be taken from the Local Government Service Equalization Fund (LGSEF), Calendar Year 1999