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THE NAGA CITY COUNCIL

Sangguniang Panlungsod Ng Naga

7th Sangguniang Panlungsod (30 July 2001 – 30 June 2004)

ORDINANCE NO. 2003-014

AN ORDINANCE AMENDING CITY ORDINANCE NO. 2002-084 BY CORRECTING SECTION 7.1 THEREOF AS TO MANNER OF PAYMENT OF GOODWILL
02/05/2003

Category: Agriculture; Business Trade and Industry
Principal Authors/Sponsors: Hon. Simeon F. Adan
Enacted: February 5, 2003

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Summary/Additional Info:
Summary: Ordinance No. 2003-014 amends City Ordinance No. 2002-084 by specifying and correcting the manner of payment for “goodwill.” It establishes different payment terms based on the amount of goodwill involved.

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