RESOLUTION NO. 2019-0295 (Sponsor: Committee on Finance and Appropriations) "A RESOLUTION APPROVING DRAFT APPROPRIATION ORDINANCE NO. 004, ENTITLED: "AN ORDINANCE APPROPRIATING THE SUM OF ONE BILLION THREE HUNDRED MILLION (P1,300,000,000.00) PESOS AS CALENDAR YEAR 2020 BUDGET OF THE CITY GOVERNMENT OF PAGADIAN TO BE TAKEN FROM THE ESTIMATED INCOME AS CERTIFIED BY THE LOCAL FINANCE COMMITTEE TO BE REASONABLY COLLECTIBLE" ON SECOND READING AND FOR THE CONSIDERATION OF THE SAME ON THIRD READING" WHEREAS, this body, after thorough consideration of the substance and merits of Draft Appropriation Ordinance No. 004, entitled: "An Ordinance Appropriating the sum of One Billion Three Hundred Million (P1,300,000,000.00) Pesos as Calendar Year 2020 Budget of the City Government of Pagadian to be taken from the estimated income as certified by the Local Finance Committee to be reasonably collectible" finds the measure very relevant and most applicable under the present circumstances; WHEREAS, following the deliberation and discussion by the body through the Committee on Finance and Appropriations and with the presence of the Department Heads and representatives, which facilitated its consideration on Second Reading, deems the draft sufficient so as to warrant its treatment on Third Reading; NOW, THEREFORE, on seconded motion of Honorable Arnold R. Gavenia, be it RESOLVED to approve, as this body hereby approves Draft Appropriation Ordinance No. 004, entitled: "An Ordinance Appropriating the sum of One Billion Three Hundred Million (P1,300,000,000.00) Pesos as Calendar Year 2020 Budget of the City Government of Pagadian to be taken from the estimated income as certified by the Local Finance Committee to be reasonably collectible" on Second Reading and for the consideration of the same on Third Reading. 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