AN ORDINANCE IMPLEMENTING THE 4TH AND FINAL YEAR OF PHASE II OF THE SALARY STANDARDIZATION LAW IN ACCORDANCE WITH EXECUTIVE ORDER NO. 389 OF THE OFFICE OF THE PRESIDENT; THE FIRST 50% OF WHICH SHALL TAKE EFFECT ON JANUARY-JUNE, 1997 AND THE OTHER 50% IN JULY-DECEMBER, 1997 AND APPROPRIATING FOR THIS PURPOSE, THE SUM OF P49,091,204.00 FROM THE ITEM RESERVED FOR COMPENSATION ADJUSTMENT FUND IN THE GENERAL FUND BUDGET, CALENDAR YEAR 1997; P 46,509,318.00 OF WHICH SHALL BE FOR THE GENERAL FUND AND P 2,581,886.00 FOR THE SPECIAL ACCOUNT (CEED), AND AUTHORIZING THE PREPAYMENT OF SALARY DIFFERENTIALS THEREOF ON OR BEFORE MARCH 15, 1997 IN VIEW OF THE ELECTION BAN WHICH WILL TAKE EFFECT ON MARCH 28, 1997