Purpose of the Public Hearing:
To discuss the proposed ordinance authored by Hon. Jessie R. Albeus, which seeks to amend Section 15 of Ordinance No. 2006-052 by increasing franchise fees and performance bond rates.
Key Attendees Invited:
- Committee Members & Representatives
- Local Government Officials
- City Treasurer
- Management of Public Transport Terminals
- PUV & PUJ Operators
Significance:
The amendment affects public utility vehicle (PUV) and public utility jeepney (PUJ) operators, as it would increase franchise fees and required performance bonds. The hearing allows stakeholders to express their opinions before the ordinance is finalized.