An Ordinance Extending the 20% Discount on the Advance Payment of Real Property Taxes Due for the Year 2015

January 7, 2015 Excerpts from the Minutes of the Regular Session of the Sangguniang Panlungsod of Olongapo, Held on January 07, 2015 at the City Hall. WHEREAS, the City deems to provide the extension of the 20% discount program for those who will pay in full and in advance of their Real Property Taxes for 2015 from December 31, 2014 to February 15, 2015 due to the long holidays and upon the recommendation of the Officer-in-Charge of the City Treasurer's Office and the City Finance Committee; NOW, THEREFORE, on motion of City Councilor Noel Y. Atienza, with the unanimous accord of the Members of the Sangguniang Panlungsod present; RESOLVED, AS IT IS HEREBY RESOLVED, by the Sangguniang Panlungsod in session assembled, to enact the following Ordinance: OLONGAPO CITY ORDINANCE NO. 001-15 AN ORDINANCE EXTENDING THE 20% DISCOUNT ON THE ADVANCE PAYMENT OF REAL PROPERTY TAXES DUE FOR THE YEAR 2015 AS PROVIDED UNDER SECTION 2B.12 OF THE 2007 REVENUE CODE TO FEBRUARY 15, 2015, IN A MANNER CONSISTENT WITH LAW BE IT ORDAINED, BY THE SANGGUNIANG PANLUNGSOD IN SESSION ASSEMBLED, THAT: SECTION 1. The twenty percent (20%) discount on the advance payment of real property taxes due for tax year 2015 is hereby extended until February 15, 2015 to tax payers who will pay their Real Property taxes (RPTs) in full. SECTION 2. This Ordinance shall take effect immediately upon approval. APPROVED UNANIMOUSLY, January 07, 2015. RODEL S. CEREZO City Vice-Mayor & Presiding Officer EYRMA YVETTE D. MARZAN-ESTRELLA City Councilor EDUARDO J. PIANO City Councilor AQUILINO Y. CORTEZ, JR. City Councilor EDUARDO G. GUERRERO City Councilor BENJAMIN G. CAJUDO II City Councilor ELENA C. DABU City Councilor NOEL Y. ATIENZA City Councilor ALREUELA M. BUNDANG-ORTIZ City Councilor EDNA A. ELANE City Councilor EMERITO LINUS D. BACAY City Councilor RANDY C. SIONZON President, Liga ng mga Barangay EGMIDIO M. GONZALES, JR. Indigenous Peoples Mandatory Representative ATTEST: ATTY. BERNARDINE S. GANTAN Council Secretary APPROVED BY HIS HONOR, THE CITY MAYOR ON ________________. ROLEN C. PAULINO City Mayor ATTEST: SHEILA R. PADILLA Secretary to the City Mayor