Res. No. 25, S. 2004 - SBMA Share.doc

EXCERPTS FROM THE MINUTES OF THE REGULAR SESSION OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON
SEPTEMBER 01, 2004, AT THE CITY HALL.

PRESENT:

Hon. Rolen C. Paulino - - - - - - - - - - - - - - City Vice Mayor & Presiding Officer
Hon. Noel Y. Atienza- - - - - - - - - - - - - - - City Councilor
Hon. Cynthia G. Cajudo - - - - - - - - - - - - - “ “
Hon. Teodoro D. del Rosario - - - - - - - - - - “ “
Hon. Bella P. Asuncion - - - - - - - - - - - - - - “ “
Hon. Marey Beth D. Marzan- - - - - - - - - - - “ “
Hon. Angelina B. Andrada - - - - - - - - - - - - “ “
Hon. Brian Patrick H. Gordon - - - - - - - - - - “ “
Hon. Anselmo A. Aquino - - - - - - - - - - - - - “ “
Hon. Edwin J. Piano- - - - - - - - - - - - - - - - - “ “
Hon. Gina G. Perez - - - - - - - - - - - - - - - - - “ “
Hon. Napoleon F. Capistrano- - - - - - - - - - - President, Liga ng mga Barangay
Hon. Robine Rose C. Buenafe - - - - - - - - - - SK Federation President

ABSENT:

None.


RESOLUTION NO. 25
(Series of 2004)

A RESOLUTION REQUESTING THE HONORABLE SENATOR RICHARD J. GORDON TO INTERCEDE FOR THE CITY OF OLONGAPO THE RELEASE OF THE RIGHTFUL SHARES OF OLONGAPO CITY FROM CYs 1994-1998 TAX COLLECTED PURSUANT TO REPUBLIC ACT NO. 7227
OTHERWISE KNOWN AS THE “BASES CONVERSION AND
DEVELOPMENT ACT OF 1992”


WHEREAS, with the creation of Subic Bay Metropolitan Authority (SBMA) and pursuant to the provisions of Republic Act No. 7227, the affected and contiguous area of the Subic Bay Freeport (SBF) and Special Economic Zone (SEZ) have a right to claim the 2% of the 5% tax on gross income earned (GIE) from businesses and enterprises within the Subic Bay Freeport Zone (SBFZ);

WHEREAS, the City of Olongapo is both an affected and a contiguous area of the SBF and SEZ;

WHEREAS, the City of Olongapo has yet to collect its rightful share of two percent (2%) from 1994-1998;

WHEREAS, Undersecretary Nieves L. Osorio of the Department of Finance, in response to city Resolution No. 44 entitled “A Resolution Requesting Her Excellency President Gloria Macapagal-Arroyo To Intercede With Both Houses Of Congress, Department Of Finance (DOF) And The Department Of Budget And Management
Con’t. of Resolution No. 25, Series of 2004.

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(DBM) For the Release Of The Rightful Share Of Olongapo City From CYs 1994-1998 Pursuant To Republic Act No. 7227 Otherwise Entitled “Bases Conversion And Development Act of 1992” forwarded on March 2004, advised that the City of Olongapo should make representations with the DBM in preparation for the 2005 budget, since the said income is a prior year collection and already forms part of the General Fund. Thus, allocation for the General Fund for the Share of the City of Olongapo from the 5% gross income earned for SBF and SEZ will require appropriation from the General Appropriations Act.

WHEREAS, the man who envisioned the great potentials of SBMA creation, now Senator Richard J. Gordon, has always protected the interests of the people of Olongapo, all for the common good;

WHEREAS, Senator Richard J. Gordon, in his capacity as former SBMA Chairman and Committee Member of Government-Owned and Controlled Corporations (GOCCs) in the Senate knows very well the rationale for the City’s claim of the 2% rightful shares of the City from the 5% gross income taxes on businesses and/or enterprises within the SBF and SEZ;

NOW THEREFORE, on motion of Councilor Cynthia G. Cajudo, with the unanimous accord of the Members of the Sangguniang Panlungsod present,

RESOLVED, AS IT IS HEREBY RESOLVED, by the Members of the Sangguniang Panlungsod in session assembled, to request, as it hereby requests the Honorable Senator Richard J. Gordon To Intercede For The City Of Olongapo the Release Of The Rightful Shares Of Olongapo City From CYs 1994-1998 Tax Collected Pursuant to the Republic Act No. 7227 Otherwise Known As The “Bases Conversion And Development Act of 1992”.

APPROVED UNANIMOUSLY, September 01, 2004.


ROLEN C. PAULINO
City Vice Mayor & Presiding Officer


NOEL Y. ATIENZA CYNTHIA G. CAJUDO
City Councilor City Councilor


TEODORO D. DEL ROSARIO BELLA P. ASUNCION
City Councilor City Councilor


MAREY BETH D. MARZAN ANGELINA B. ANDRADA
City Councilor City Councilor



Con’t. of Resolution No. 25, Series of 2004.

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BRIAN PATRICK H. GORDON ANSELMO A. AQUINO
City Councilor City Councilor


EDWIN J. PIANO GINA G. PEREZ
City Councilor City Councilor


NAPOLEON F. CAPISTRANO ROBINE ROSE C. BUENAFE
President, Liga ng mga Barangay SK Federation President


ATTEST:

ELFLIDA S. SALMON
City Council Secretary

APPROVED BY HIS HONOR, THE CITY MAYOR ON______________________.


JAMES GORDON, JR.
City Mayor
ATTEST:

DELFIN A. JUICO, JR.
Secretary to the City Mayor