“APPROPRIATING THE AMOUNT OF ONE HUNDRED SEVENTY THOUSAND PESOS (P170,000.00) OUT OF THE UNAPPROPRIATED SURPLUS OF GENERAL FUND C.Y. 2002 FOR THE CONSTRUCTION OF CULTURAL CENTER STAGE, PHASE II AS A SUPPLEMENTAL BUDGET OF C.Y. 2003 IN THE MUNICIPALITY OF MARIBOJOC, BOHOL

Sponsored by: MASS MOTION

BE IT ORDAINED by the Sangguniang Bayan of Maribojoc, Bohol, that:

SECTION 1. Appropriation and Source.- The amount of One Hundred Seventy Thousand Pesos (P170,000.00 ) out of the unappropriated surplus of General Fund C.Y. 2002 is hereby appropriated as Supplemental Budget of C.Y. 2003.

SECTION 2. Purpose.- The amount of (P170,000.00) is hereby appropriated for the construction of Cultural Center Stage, Phase II.

SECTION 3. Sponsorship and Deliberation.-. This appropriation ordinance is sponsored on mass motion by the Sangguniang Bayan members and was deliberated by those present during its session duly assembled.

SECTION 4. Effectivity.-. This ordinance shall take effect upon approval.

Approved: August 18, 2003

Let copies be furnished the Sangguniang Panlalawigan of Bohol for review and approval.

I HEREBY CERTIFY TO THE CORRECTNESS
OF THE ABOVE QUOTED ORDINANCE:

PHILIP R. MEDEQUISO
Municipal Vice Mayor
Presiding Officer

ATTESTED:

NOEL D. VELOSO
SB Secretary-OIC

APPROVED:

ENGR. GABINO C. REDULLA
Municipal Mayor

Date signed: August 26, 2003