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THE NAGA CITY COUNCIL

Sangguniang Panlungsod Ng Naga

PREVIOUS ORDINANCES (1948-2022)

11th Sangguniang Panlungsod (30 July 2013 – 30 June 2016)

ORDINANCE NO. 2014-062

AN ORDINANCE CREATING A TRUST ACCOUNT TO BE KNOWN AS THE LOCAL ROAD FUND DISBURSEMENT ACCOUNT WITH THE LAND BANK OF THE PHILIPPINES (LBP) FOR THE RELEASE OF THE SPECIAL LOCAL ROAD FUND FROM THE DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS (DPWH)

Category: Infrastructure and Utilities Regulation
Principal Authors/Sponsors: Hon. David Casper Nathan A. Sergio
Enacted: October 14, 2014

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Summary/Additional Info:
Summary: This ordinance establishes a Trust Fund Account designated as the “Local Road Fund Disbursement Account” with the Land Bank of the Philippines (LBP). The primary purpose of this account is to manage the release of the Special Local Road Fund provided by the Department of Public Works & Highways (DPWH).

Related Resource:
Past officials of the City of Naga 1945-2022

Other Ordinances