012-2020

AN ORDINANCE APPROVING THE PROPOSED BORROWING OF THE MUNICIPALITY OF PINAMALAYAN, THE SPECIFIC PURPOSE, AND THE TERMS AND CONDITIONS UNDER THE OMNIBUS TERM LOAN AGREEMENT BETWEEN THE MUNICIPALITY OF PINAMALAYAN AND THE LAND BANK OF THE PHILIPPINES FOR THE FINANCING OF DEVELOPMENT PROJECTS OF THE MUNICIPAL GOVERNMENT OF PINAMALAYAN, ORIENTAL MINDORO INVOLVING THE AMOUNT OF FIVE HUNDRED FIFTY MILLION PESOS (PHP550,000,000.00).