AN ORDINANCE approving the programs and projects of the 20% Development Fund for Calendar Year 2003 in the amount of P96,680,020.00, 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; and 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