2005 RES NO. 43.doc

EXCERPTS FROM THE MINUTES OF THE REGULAR SESSION OF THE SANGGUNIANG PANLUNGSOD OF OLONGAPO, HELD ON
APRIL 20, 2005, AT THE CITY HALL.

PRESENT:

Hon. Rolen C. Paulino- - - - - - - - - - - - - - City Vice Mayor & Presiding Officer
Hon. Noel Y. Atienza- - - - - - - - - - - - - - - City Councilor
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. Robine Rose C. Buenafe - - - - - - - - - - SK Federation President

ABSENT:

Hon. Cynthia G. Cajudo - - - - - - - - - - - - - - - City Councilor (On Official Business)
Hon. Napoleon F. Capistrano- - - - - - - - - - - - President, Liga ng mga Barangay
(On Official Business)

RESOLUTION NO. 43
(Series of 2005)

A RESOLUTION APPROVING THE OPENING OF TWO(2) TRUST FUND
CHECKING ACCOUNTS WITH THE DEVELOPMENT BANK OF THE PHILIPPINES (DBP) SUBIC BAY BRANCH FOR THE UNITED NATIONS FUND FOR FAMILY PLANNING ACTIVITY (UNFPA) FINANCIAL ASSISTANCE TO THE CITY OF OLONGAPO ON THE IMPLEMENTATION OF THE UNFPA
6TH COUNTRY PROGRAMME

WHEREAS, the City of Olongapo is the only city chosen, among ten (10) provinces included, as one of the partners in the United Nations Family Planning Program Activity (UNFPA) 6th Country Programme Document;

WHEREAS, in connection with the abovesaid program, the City of Olongapo will be the recipient of $100,000.00 estimated cost of financial assistance per year for the next five years from the UNFPA;

WHEREAS, pursuant to the provisions of paragraph 13 and 14 of the Letter of Understanding between UNFPA and the City of Olongapo, there is a need for the City to open a checking account for the proper accounting and for monitoring of official bank transactions;

WHEREAS, the Development Bank of the Philippines (DBP) Subic Bay Branch was chosen as the official bank for this purpose;

WHEREAS, the official signatories, specifically on the withdrawals from the said checking accounts are hereby designated, to wit:

Hon. James Gordon, Jr. - City Mayor
Mr. Delfin A. Juico, Jr. - Secretary to the Mayor
Mr. Marcelino D. Andawi - City Treasurer

Con’t. of Resolution No. 43, Series of 2005.
- 2 -
NOW THEREFORE, on joint motion of Councilors Marey Beth D. Marzan Angelina B. Andrada, 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 opening of two (2) trust fund checking accounts with the Development Bank of the Philippines (DBP) Subic Bay Branch for the United Nations Fund for Family Planning Activity (UNFPA) Financial Assistance to the City of Olongapo on the Implementation of the UNFPA 6th Country Programme.

RESOLVED FURTHER, AS IT IS HEREBY FURTHER RESOLVED, that a copy of this Resolution be furnished the Development Bank of the Philippines Subic Bay Branch for their information and reference.

APPROVED UNANIMOUSLY, April 20, 2005.


ROLEN C. PAULINO
City Vice Mayor & Presiding Officer


NOEL Y. ATIENZA CYNTHIA G. CAJUDO
City Councilor City Councilor
(On Official Business)

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

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

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
(On Official Business)

ATTEST:

JOCELYN P. NIÑONUEVO
Temporary Council Secretary

APPROVED BY HIS HONOR, THE CITY MAYOR ______________________.


JAMES GORDON, JR.
City Mayor
ATTEST:
DELFIN A. JUICO, JR.
Secretary to the City Mayor