2016 - R - 89 A RESOLUTION APPROVING THE 2017 ANNUAL INVESTMENT PROGRAM OF THE CITY OF OLONGAPO, AS APPROVED AND SUBMITTED BY THE LOCAL DEVELOPMENT COUNCIL


EXCERPTS FROM THE MINUTES OF THE REGULAR SESSION   OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON
 AUGUST 10, 2016 AT THE CITY HALL.


PRESENT:
           
Hon. Aquilino Y. Cortez, Jr. - - - - - - - - - - - -City Vice-Mayor & Presiding Officer
Hon. Sarah Lugerna F. Lipumano-Garcia - - -City Councilor
Hon. Benjamin G. Cajudo II - - - - - - - - - - - -City Councilor
Hon. Noel Y. Atienza- - - - - - - - - - - - - - - - -City Councilor  
Hon. Eduardo G. Guerrero  - - - - - - - - - - - - -City Councilor
Hon. Alreuela M. Bundang-Ortiz - - - - - - - - -City Councilor     
Hon. Edna A. Elane   - -  - - - - - - - - - - - - - - -City Councilor
Hon. Emerito Linus D. Bacay  - - - - - - - - - - -City Councilor
Hon. Eduardo J. Piano- - - - - - - - - - - - - - - - -City Councilor
Hon. Basilio D. Palo - - - - - - - - - - - - - - - - - -City Councilor
Hon. Jerome Michael S. Bacay - - - - - - - - - - -City Councilor
            Hon. Randy C. Sionzon   - - - - - - - - - - - - - - -President, Liga ng mga Barangay
Hon. Egmidio M. Gonzales, Jr.  - - - - - - - - - -Indigenous Peoples Mandatory  Representative

ABSENT:

            None.                                                             
   


RESOLUTION NO. 89 
(Series of 2016)

A RESOLUTION APPROVING THE 2017 ANNUAL INVESTMENT PROGRAM
OF THE CITY OF OLONGAPO, AS APPROVED AND SUBMITTED
BY THE LOCAL DEVELOPMENT COUNCIL


            WHEREAS, the Local Development Council is mandated to: formulate long-term, medium-term, and annual socio-economic development plans and policies; formulate the medium-term and annual public investment programs; appraise and prioritize socio-economic development programs and projects; and formulate local investment incentives to promote the inflow and direction of private investment capital as provided by Section 109 of the Local Government Code of the Philippines;

            WHEREAS, the members of the Local Development Council of the City of Olongapo had convened and formulated the 2017 Annual Investment Program on July 29, 2016 held at the FMA Hall, Olongapo City Hall Complex.

            WHEREAS, the formulation of the 2017 AIP is a good governance practice of transparency and an optimum utilization of scarce public resources;

           
Con’t. of Resolution No. 89, Series of 2016.

-170-

NOW, THEREFORE, on motion of City Councilor Alreuela M. Bundang-Ortiz, with the unanimous accord of the Members of the Sangguniang Panlungsod present;

            RESOLVED, AS IT IS HEREBY RESOLVED, by the Sangguniang Panlungsod in session assembled, to approve as it hereby approves the 2017 Annual Investment Program of the City of Olongapo, as approved and submitted by the Local Development Council.

APPROVED UNANIMOUSLY,  August 10, 2016.

                                    
AQUILINO Y. CORTEZ, JR.
City Vice-Mayor & Presiding Officer


  SARAH LUGERNA F. LIPUMANO-GARCIA                    BENJAMIN G. CAJUDO II
                          City Councilor                                                                      City Councilor
                                                                                                                                                                                                                                                                                         
                   NOEL Y. ATIENZA                                              EDUARDO G. GUERRERO                 
                        City Councilor                                                                          City Councilor                         
                                                                                               
   
       ALREUELA M. BUNDANG-ORTIZ                                       EDNA A. ELANE
                       City Councilor                                                             City Councilor   
                         
                                                                                                                       
            EMERITO LINUS D. BACAY                                        EDUARDO J. PIANO                     
                     City Councilor                                                                  City Councilor
                                                                                   
                                                                                                                                         
                    BASILIO D. PALO                                            JEROME MICHAEL S. BACAY
                        City Councilor                                                             City Councilor              


                RANDY C. SIONZON                                               EGMIDIO M. GONZALES, JR.
        President, Liga ng mga Barangay                 Indigenous Peoples Mandatory Representative               
                                   
ATTEST:

                         MILDRED C. MONJE
                      Temporary Council Secretary

APPROVED BY HIS HONOR, THE CITY MAYOR ON________________________________.



                                                                                    ROLEN C. PAULINO
                                                                                                City Mayor
ATTEST:

                    SHEILA R. PADILLA
                  Secretary to the City Mayor

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