RESOLUTION NO. 2019-0206 (Sponsor: Honorable Arnold R. Gavenia) "A RESOLUTION INTERPOSING NO OBJECTION TO THE APPLICATION OF MR. D.I.Y., AN INTERNATIONAL MALAYSIAN ACCOUNT, TO LEASE A SPACE AT THE 2ND FLOOR OF THE CITY COMMERCIAL CENTER (C3) AT THE RATE OF THREE HUNDRED FIFTEEN (P315.00) PESOS PER SQUARE METER PER MONTH, PROVIDED THAT THE NATURE OF BUSINESS THAT WILL BE ESTABLISHED THEREAT MUST BE COMPATIBLE AND IN ACCORDANCE WITH THE PRE-IDENTIFIED TYPES OF MERCHANDISE OR SERVICES STIPULATED FOR SUCH AREAS" WHEREAS, the City Commercial Center (C3) Board through its Resolution No. 02 series of 2019, has brought to the attention of this august body the application of Mr. D.I.Y., an International Malaysian Account, to rent a space of about 500 to 1,000 square meters at the 2nd Floor of the City Commercial Center (C3) with a rate of P315.00 per square meter per month; WHEREAS, this body, finding no legal impediment and considering that the applicant is an international account which could very well help the City Commercial Center generate the needed revenues to speed up its loan repayment, deems it imperatively necessary to interpose no objection to such application provided that the nature of business that will be established thereat must be compatible and in accordance with the pre-identified types of merchandise or services stipulated for such areas; NOW, THEREFORE, on seconded motion of Honorable Arnold R. Gavenia, be it RESOLVED to interpose no objection, as this body hereby interposes no objection to the application of Mr. D.I.Y., an International Malaysian Account, to lease a space at the 2nd floor of the City Commercial Center (C3) at the rate of Three Hundred Fifteen (P315.00) Pesos, provided that the nature of business that will be established thereat must be compatible and in accordance with the pre-identified types of merchandise or services stipulated for such areas. RESOLVED FURTHER, to let a copy of this Resolution be forwarded to His Honor, City Mayor Samuel S. Co, in his concurring capacity as Chairman-C3 Board; the City Treasurer; the City Auditor; the C3 Manager; and the applicant, Mr. D.I.Y., for their information, guidance and/or appropriate action. APPROVED UNANIMOUSLY. I HEREBY CERTIFY to the correctness of the foregoing resolution. MAPHILINDO Q. OBAOB, MPA, MAGaD Verified: City Vice Mayor/Presiding Officer ATTY. TEODORO M. QUICOY SP Member/ Floor Leader Attested: ELKID P. NACUA Acting Secretary to the Sanggunian