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THE NAGA CITY COUNCIL

Sangguniang Panlungsod Ng Naga

8th Sangguniang Panlungsod (7/30/2004-6/30/2007)

ORDINANCE NO. 2006-052

AN ORDINANCE AMENDING SECTION 15 OF ORDINANCE 2006-044 BY INCREASING THE RATES FOR FRANCHISE FEE AND PERFORMANCE BOND PROVIDED THEREIN

Category: Government; New Politics and People Empowerment and Government Revenues; Fees and Taxes
Principal Authors/Sponsors: Hon. Jose L. Grageda
Enacted: October 23, 2006

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Summary/Additional Info:
Summary: Ordinance No. 2006-052 amends Section 15 of Naga City Ordinance No. 2006-044, primarily to increase the rates for franchise fees and performance bonds applicable to transport terminals within the city. The ordinance establishes new annual franchise fees and performance bond amounts, which vary depending on the terminal’s destination.

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