AN ORDINANCE RIVERTING THE SURPLUS AMOUNT OF P50,000.00 FROM THE INFRASTRUCTURE FUND TO BE SPENT FOR FOUR PROJECTS OD THE MUNICIPALITY.
Be it ordained by the Municipal Sangguniang Bayan of Maribojoc, Bohol, that:
Section 1 – T he amount of P50,000.00 surplus be riverted from the Infrastructure Fund to be spent for four projects of the municipality.
Section 2 – The amount of P50,000.00 surplus from the Infrastructure fund will be riverted for the additional funding of the following projects:
1. Town Plaza Development———————————–P10,000.00
2. Improvement of the Municipal Hall———————– 22,000.00
3. Improvement of the Public Market————————- 8,000.00
4. Heavy duty weighing scale———————————- 10,000.00
Section 3 – That the above mentioned amount id hereby appropriated for the projects above mentioned.
Section 4 – This ordinace takes effect upon approval.
Approved – July 1,1982
LET COPIES BE FURNISHED, the Regional Director, Ministry of the Budget, Cebu Regional Office, Cebu City for appropriate action.
ABDON CORNITO SR.