AN ORDINANCE RATIFYING THE LOAN AGREEMENT ENTERED INTO BY AND BETWEEN THE LAND BANK OF THE PHILIPPINES, REPRESENTED BY MS GILDA E. PICO, PRESIDENT AND CHIEF EXECUTIVE OFFICER, THROUGH MR. EDEN B. JAPITANA, CAGAYAN DE ORO LENDING CENTER HEAD; AND THE CITY GOVERNMENT OF CAGAYAN DE ORO, REPRESENTED BY CITY MAYOR VICENTE Y. EMANO, GOVERNING THE CITY’S APPROVED TERM LOAN WITH THE SAID BANK IN THE AMOUNT OF P38,450,000.00 FOR THE PURCHASE OF HEAVY EQUIPMENT AND P93,200,000.00 FOR THE INSTALLATION OF CCTV AND TRAFFIC SIGNALIZATION SYSTEM IN THE CITY