Extending the Period for Payment of Local Business and Real Estate Taxes, Licenses, Fees and Charges

January 18, 2008 MAKATI CITY ORDINANCE NO. 003-08 PRESENT: Vice Mayor Ernesto S. Mercado Presiding Officer Councilor Ernesto A. Aspillaga " Israel S. Cruzado " Maria Theresa N. de Lara " Angelito D. Gatchalian " Erlinda S. Gonzales " Virgilio V. Hilario " Henry A. Jacome " Luis S. Javier, Jr. " Arnold C. Magpantay " Salvador D. Pangilinan " Tosca Camille T. Puno " Vincent T. Sese " Elias V. Tolentino, Jr. SK President Denisse Angelica A. Hechanova Sectoral Representative ABSENT: Councilor Jejomar Erwin S. Binay, Jr. Official Leave " Monique Q. Lagdameo Sick Leave " Armando P. Padilla Official Leave ABC President Romulo V. Pea Official Leave On motion presented by Councilor Salvador D. Pangilinan, duly seconded, all present members of the Sangguniang Panlungsod enacted the following City Ordinance on first, second and third reading: aSCHcA Authors: Councilors J.E.S. Binay, Jr., M.Q. Lagdameo and S.D. Pangilinan AN ORDINANCE EXTENDING THE PERIOD FOR PAYMENT OF LOCAL BUSINESS AND REAL ESTATE TAXES, LICENSES, FEES AND CHARGES UP TO JANUARY 31, 2008 PROVIDED THAT THE APPLICATION FOR MAYOR'S PERMIT IS FILED NOT LATER THAN JANUARY 25, 2008, SUBJECT TO ALL LAWS AND EXISTING LEGAL RULES AND REGULATIONS WHEREAS, Section 7A.03 of the Makati Revised Revenue Code (City Ordinance No. 2004-A-025) provides that, unless provided in the Code, all city taxes, fees and charges shall be paid within the first twenty (20) days of January or of each subsequent quarter as the case may be; WHEREAS, the aforementioned section further provides that, for justifiable reason or cause, the Sangguniang Panlungsod may extend the time of payment of such taxes, fees and charges without surcharges or penalties . . .; WHEREAS, upon advice of the City Finance Department and on ground of lack of material time to process all permit applications before the deadline for payment, the Sangguniang Panlungsod is hereby extending the period for payment of local business and real estate taxes, licenses, fees and charges up to January 31, 2008 provided application for Mayor's Permit is filed on or before January 25, 2008. NOW THEREFORE, BE IT ENACTED AS IT IS HEREBY ENACTED BY THE SANGGUNIANG PANLUNGSOD OF MAKATI, METRO MANILA, BY VIRTUE OF THE POWERS VESTED IN IT BY LAW, IN SESSION ASSEMBLED, THAT: SECTION 1. The period for payment of local business and real estate taxes, licenses, fees and charges are hereby extended up to January 31, 2008 provided that the application for Mayor's Permit is filed not later than January 25, 2008, subject to all laws and existing legal rules and regulations. SECTION 2. Let copy of this Ordinance be furnished the Office of the City Treasurer, Accounting Department, City Administrator, Permit Division and other concerned offices for their information and guidance. SECTION 3. This Ordinance shall take effect immediately upon its approval. STIEHc APPROVED BY THE SANGGUNIANG PANLUNGSOD OF MAKATI, METRO MANILA, in its regular session held on January 18, 2008. Certified true and correct by: (SGD.) ATTY. RODEL R. NAYVE Sangguniang Secretary Noted by: (SGD.) ATTY. ROGELIO U. MARASIGAN Consultant Attested by: (SGD.) ERNESTO S. MERCADO Vice Mayor & Presiding Officer