2008 R - 37 - AUTHORIZING MAYOR JAMES GORDON, JR. AND CITY TREASURER MR. ANDAWI TO REPRESENT THE CITY OF OLONGAPO AND ENTER INTO A CONTRACT OF LOAN

2008 R - 37 - A RESOLUTION AUTHORIZING THE HONORABLE CITY MAYOR JAMES GORDON, JR. AND CITY TREASURER MARCELINO ANDAWI TO REPRESENT THE CITY OF OLONGAPO AND ENTER INTO A CONTRACT OF LOAN WITH THE DEVELOPMENT BANK OF THE PHILIPPINES (DBP) IN THE PRINCIPAL AMOUNT OF ONE HUNDRED FORTY-THREE MILLION EIGHT HUNDRED THOUSAND PESOS (PHP143,800,000.00) FOR THE PURPOSE/S STATED HEREIN AND TO SIGN THE LOAN AGREEMENT, DEED OF ASSIGNMENT, THE PROMISSORY NOTE AND OTHER DOCUMENTS RELATED THERETO