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Legislative Issuances

ORDINANCE NO. 2021-023

ORDINANCE NO. 2021-023

AN ORDINANCE AMENDING ORDINANCE NO. 2020-131, ENTITLED: “AN ORDINANCE AUTHORIZING THE PAYMENT OF TAXES, DUTIES, PENALTIES AND OTHER FEES TO THE BUREAU OF INTERNAL REVENUE RELATIVE TO THE DONATION AND SALE OF A 30,000 SQUARE METER PROPERTY OF DOMINADOR T. ALMEDA AND SONS, INC. IN FAVOR OF THE CITY OF NAGA, AND APPROPRIATING THE AMOUNT OF FOUR HUNDRED THIRTY THOUSAND EIGHT HUNDRED SEVENTY FOUR AND 48/100 PESOS (P430,874.48) FOR THIS PURPOSE, CHARGEABLE AGAINST THE LOCAL DEVELOPMENT FUND – DECENTRALIZED SERVICES”, BY CHANGING THE AMOUNT TO FOUR HUNDRED THIRTY FIVE THOUSAND SEVENTY SEVEN AND 79/100 PESOS (P435,077.79)

Author(s)/Sponsor(s): On joint and colfective motion
Date Enacted: April 6, 2021
Summary/Additional Info:

Summary: This ordinance amends Ordinance No. 2020‑131 by increasing the appropriation for taxes, duties, penalties, and other fees to the Bureau of Internal Revenue related to the donation and sale of a 30,000 sqm property from ₱430,874.48 to ₱435,077.79, to be charged against the Local Development Fund–Decentralized Services. It revises the previously authorized amount to ensure full compliance with the finalized financial obligations, and takes effect upon approval.

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