6th Sangguniang Panlungsod (6/30/1998 – 6/30/2001)

Summary/Additional Info:

Summary: This ordinance imposes a One Hundred Peso (₱100.00) processing fee on all transactions in Naga City involving the transfer, segregation, or consolidation of real properties based on tax declarations. Recording of these transactions and the issuance of new tax declarations will only be done upon payment of the fee, which will be credited to the city’s General Fund. Urban poor resettlement and relocation sites covered by the Kaantabay sa Kauswagan Program are exempt from this fee. The ordinance took effect upon its approval and after publication for three consecutive issues in a local newspaper.