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 2005 IN THE AMOUNT OF ₱91,752,000,00, 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 CALENDAR YEAR 2005