AN ORDINANCE AUTHORIZING THE CITY MAYOR, THIS CITY, TO OPEN A LETTER OF CREDIT WITH THE PHILIPPINE COMMERCIAL AND INDUSTRIAL BANK (PCIB), VELEZ BRANCH, FOR THE IMPORTATION OF THE FOLLOWING EQUIPMENTS: ONE (1) UNIT BRAND NEW KOMATSU GD 511A1 ARTICULATED MOTORGRADE W/COMPLETE ACCESSORIES, TWO (2) UNITS BRAND NEW ISUZU FTR-33600 W/COMPLETE ACCESSORIES AND ONE (1) UNIT SKIP HOIST LORRY-ISUZU FTR 33H W/COMPLETE ACCESSORIES