PROVINCIAL RESOLUTION NO. 2006-481

Title

AUTHORIZING THE LOCAL GOVERNMENT UNIT ("THE LGU" OR THE "ACCEDING LGU") TO PARTICIPATE IN THE MONETIZATION OF IRA COLLECTIBLES FOR LOCAL EMPOWERMENT PROGRAM JOINTLY MANAGED BY THE LAND BANK OF THE PHILIPPINES AND THE DEVELOPMENT BANK OF THE PHILIPPINES ("MIRACLE PROGRAM") WITH RESPECT TO ITS SHARE IN THE PHP17.5 BILLION UNRELEASED INTERNAL REVENUE ALLOTMENT FOR THE YEARS 2000 AND 2001 IN THE AMOUNT APPEARING IN THE NOTICE OF PAYMENT SCHEDULE AND FURTHER CONFIRMING THE MIRACLE PROGRAM DOCUMENTS SUBMITTED BY THE LGU FOR THE FOREGOING PURPOSE

Approved: April 3, 2006

Author/s: