APPROVING THE SUPPLEMENTAL BUDGET FOR THE APPROPRIATION OF 20% IRA FUND PROJECT FOR C.Y. 2002 IN THE AMOUNT OF P198,781.14 OUT OF THE SURPLUS OF THE 20% IRA DEVELOPMENT FUND FOR C.Y. 2001 OF MARIBOJOC, BOHOL.
Sponsored by: MASS MOTION
BE IT ENACTED by the Sangguniang Bayan of the Municipality of Maribojoc, Province of Bohol, that:
SECTION 1. Appropriation and Source.- The amount of P198,781.14 is appropriated out of the surplus of the 20% IRA Development Fund for C.Y. 2001 of Maribooc, Bohol.
SECTION 2. Purpose.- The amount of P198,781.14 is hereby appropriated for the following items, to wit:
1.) Purchase of lot for the Municipal Level Grains
Center at Busao, Maribojoc, Bohol —————— P75,000.00
2.) General Revisions of Assessment of Real Property Tax —– P123,781.14
TOTAL —————— P198,781.14
SECTION 3. Sponsorship and Deliberations.-. This appropriation ordinance was sponsored and duly seconded on mass motion by the motion by the members of the Sangguniang Bayan in their session duly assembled.
SECTION 4. Effectivity.- This ordinance shall take effect upon approval.
Approved: February 22, 2002
Let copies be furnished the Sangguniang Panlalawigan of Bohol thru the Provincial Budget Office, Tagbilaran City for kind approval.
I HEREBY CERTIFY TO THE CORRECTNESS
OF THE ABOVE QUOTED ORDINANCE:
PHILIP R. MEDEQUISO
Municipal Vice Mayor
ALBERTO E. ARANGOSO
Engr. GABINO C. REDULLA
Dates signed: February 28, 2002