FIRB Resolution No. 006-90

February 8, 1990 FIRB RESOLUTION NO. 006-90 BE IT RESOLVED, AS IT IS HEREBY RESOLVED, to endorse to the Department of Budget and Management the subsidy availment of the Light Rail Transit Authority in the amount of P2,401,085 . 00 only, representing taxes and duties due on its importation for the periods 1989 and 1990, Provided , That such amount shall be chargeable against the 1990 Tax Expenditures Fund, subject to the availability of funds therefor, pursuant to the terms and conditions of the Rules and Regulations to Implement the Subsidy Provision Under Executive Order No. 93: Provided, Further , That the beneficiary-entity shall pursue vigorously the planned LRTA II project already considered by the NEDA Investments Coordinating Committee and submit to the FIRB details of action undertaken by it in connection therewith, not later than June 30, 1990. cdt (SGD.) JESUS P. ESTANISLAO Secretary of Finance Chairman FIRB