Ordinance Adopting the Schedule of Fair Market Values of Real Properties

December 15, 2008 TAGUIG CITY ORDINANCE NO. 113-08 AN ORDINANCE REVISING THE SCHEDULE OF FAIR MARKET VALUES OF REAL PROPERTIES IN THE CITY OF TAGUIG TO BE MORE REFLECTIVE AND REPRESENTATIVE OF PREVAILING ACTUAL PROPERTY VALUES PREVALENT IN THE CITY AND ACCORDINGLY ESTABLISHING AND ADOPTING THE SAID REVISED SCHEDULE AND REMOVING THROUGH THE NEW SCHEDULE THE OUTMODEDLY LOW MARKET VALUES AND FOR OTHER PURPOSES Sponsored by: Coun. Allan Paul C. Cruz, Coun. Gamaliel N. San Pedro, Coun. Ronnette O. Franco, Coun. Baltazar T. Mariategue, Coun. Jaime R. Labampa, Coun. Baby Gloria V. de Mesa, Coun. Arnel M. Cerafica, Liga Pres. Delio J. Santos, Coun. Ma. Rebecca Carissa R. Tinga, Coun. Milagros F. Valencia, Coun. Aurelio Paulo "AP" Bartolome, Coun. Ricardo J. Jordan, Coun. Marisse Balina-Eron, Coun. Estela A. Gasgonia, Coun. Erwin G. Manalili, SK Fed. Pres. Monina Cuenco WHEREAS, Republic Act No. 7160, otherwise known as "The Local Government Code of 1991" Mandates the local Government units shall now implement a system to generate resource through revenue legislative that can make them self-reliant and able to sustain the development in order to improve the quality of living of their constituents; aScITE WHEREAS, Chapter 2, Section 201 of Republic Act No. 7160, otherwise known as "The Local Government Code of 1991" stipulates that "All real property, whether taxable or exempt, shall be appraised at the current and fair market value prevailing in the locality where the property is situated"; WHEREAS, Chapter 2, Section 219 of Republic Act No. 7160, otherwise known as "The Local Government Code of 1991" stipulates that "The provincial, city or municipal assessor shall undertake a general revision of real property assessments within two (2) years after the effectivity of this Code and every three (3) years thereafter"; WHEREAS, in 2001, this body passed and approved Ordinance No. 41, Series of 2001; WHEREAS, the significant and rapid development of the City of Taguig has resulted in a remarkable increase in open market property valuations given the ever increasing demand for commercial and residential space; WHEREAS, the City Assessor, in sync with concerns of the present municipal administration, has prepared a new Schedule of Fair Market Values for all kinds of real properties; WHEREAS, the rapid urbanization of the City of Taguig for a more progressive, modern and adequate delivery of basic services and construction of needed infrastructure project; WHEREAS, in order that the local government unit may general funds to attain the above goals and speed up the modernization of the City, it is imperative that a general and curative revision of real property assessments be undertaken; NOW THEREFORE, BE IT ORDAINED by the Sangguniang Panlungsod that: SECTION 1. Title. This Ordinance shall be denominated as "Ordinance Adopting the Schedule of fair Market Values of Real Properties." SECTION 2. Definition of Terms. 1. Residential land land principally devoted to habitation. 2. Commercial land land principally devoted for the object of profit and is not classified as agricultural, industrial, mineral, timber or residential land. 3. Industrial land land devoted principally to industrial activity as capital investment and is not classified as agricultural, commercial, timber, mineral or residential land. 4. Agricultural land land devoted principally to planting of trees, raising crops, livestock's and poultry, dairying, salt-making, inland fishing and similar activities and is not classified as mineral, timber, residential, commercial, industrial or raw land. 5. Raw land refers to land not devoted principally to the planting of trees, raising crops, livestock's and poultry, dairying, salt-making, inland fishing and similar activities and is not classified as mineral, timber, residential, commercial or industrial land. 6. Special class all lands buildings, and other improvements thereon, actually, directly, and exclusively used for hospitals, cultural or scientific purposes and those owned and used by local water districts and government owned or controlled corporations rendering eventual public services in the supply and distribution of water and/or generation and transmission of electric power. SECTION 3. General Provisions. A. Whenever a parcel of commercial land is situated at the corner of two streets, a corner influence of 25% of the base unit market value shall be applied and added to the valuation of said lot. Provided, however, that if the streets or roads have different base unit market value the higher base unit market values shall be used in the computation thereof. B. Adjustment of frontage shall be added to the valuation of all commercial lots fronting a street or road. The same shall be derived by multiplying the length of the frontage in the linear meters by 40% of the base unit market value thereof. C. For low, sunken and or flooded areas of land, reduction from the base unit market value per square meter shall be made due to the cost filling and compaction to bring the same at par with the adjoining developed lots, provided, however, that such reduction shall be from 20% of the base unit market value. This shall only be applicable to areas not located in a private subdivision or in a planned unit development (PUD) with a corresponding development permit issued by the City of Taguig, except in cases wherein the areas are located along natural bodies of water or natural tributaries. D. Roads or streets in urban subdivisions, unless already donated and turned over the government, shall be listed separately as taxable in the name of the subdivision owner or homeowners association, as the case may be. The same shall be valued at 20% of the base unit market value prescribed, thereof, of all kinds of land, and the assessment level to be used is the applicable to the particular area where they are located. In the event that the roads or streets serve as a boundary between two areas of the urban subdivision that have a difference in the base unit market value prescribed, the higher of the two values shall serve as the basis of the valuation of the base unit market value of the roads or streets concerned. HEITAD E. Parks and open spaces shall be valued at 20% of the base unit market value and the assessment level to be used are those applicable to the particular area where these are located. F. Vacant lot in a purely residential shall be classified as residential. If such land is located in a purely commercial area or industrial area, the same shall be classified as commercial or industrial. Provided, however, that if there is no predominant use, the zoning ordinance shall be used. G. A 100% base value per square meter for urban (Commercial, Residential and Industrial) lands shall be applied to all lands within the first strip of 40 meters on commercial and residential section and within 50 meters on industrial zone Front-asphalted or concrete streets or roads. The foregoing rule shall not apply to residential and commercial subdivision. H. Land beyond the standard depth of 25 meters for residential land, 40 meters for commercial and 50 meters for industrial land shall be 100% for the first strip, 90% for the second strip, 80% for the third strip and 60% of the base fourth strip, 40% of the base value for the remaining area, provided, however, that in case the parcel of land abutting two streets or roads on the two side with different base value, the stripping and valuation thereof shall be based on the principal street or road with higher base value, but in no case shall be value of the last strip be lower than the value provided for in the street. I. A reduction of 10% shall be applied from the base value fixed for lands along gravel, earth or dirt and proposed street or road. In similar manner, if the street or road or section thereof is subsequently improved or constructed, the appraisal and assessment of same shall be adjusted accordingly. J. Private drainages, canals, or creeks shall be valued 20% of the base value per square meter in the area and the assessment level to be used are those applicable to the area where these are located. K. Interior lots shall be valued 80% of the base value of the lots fronting a street or road in the particular area. All other interior lots shall be valued in accordance with rule H thereof. L. All undeveloped parcels of land shall have 70% of the base unit value applicable in the area and 60% of the base unit value applicable in the area for land inhabited by squatters. Provided, however, that if the same is developed, improved and cleared of squatters, the appraisal and assessment shall be adjusted accordingly. Undeveloped parcels of land are parcels not part and parcel of a private subdivision or a planned unit development (PUD) with a corresponding development permit issued by the City of Taguig or those without access to public utilities such as water, power or paved roads. M. Valuation of land classified as Special under Par. D, Sec. 218 of RA 7160, otherwise known as the Local Government Code of 1991, shall be based on the applicable value for residential, commercial or industrial lands as fixed in the schedule for area where such land is located. SECTION 4. Assessment Level on Lands. ON LAND CLASS ASSESSMENT LEVELS Residential 20% Agricultural 40% Commercial 50% Industrial 50% SECTION 5. Criteria. The criteria for sub-classification for commercial, industrial, agricultural, residential and low land in the Municipality of Taguig shall as follows: I. COMMERCIAL LANDS 1. FIRST CLASS COMMERCIAL LANDS (C-1) (a) Located where all facilities for trading, commercial and business are available and easily accessible. (b) Where the highest commercial trading or business activities take place. (c) Where vehicular and pedestrian traffic flow are exceptionally busy. (d) Located along well-maintained concrete or asphalt roads with curbs and gutters, catch basins, manholes and drainage. (e) Where extensive high rise commercial or business buildings are situated. 2. SECOND CLASS COMMERCIAL LANDS (C-2) (a) Located along well-maintained concrete or asphalt roads. (b) Commands lesser land value than the first class commercial lands. (c) Where multi-storey commercial or business buildings are situated. (d) Where commercial, trading or business activities are considerably high. (e) Where vehicular and pedestrian traffic flow are highly busy. 3. THIRD CLASS COMMERCIAL LANDS (C-3) (a) Located in the vicinity of the commercial or business activities are moderate. (b) Along concrete or asphalted roads. (c) Where semi-concrete commercial or buildings are situated. (d) Where commercial trading or business activities are less than the second-class commercial lands. (e) Where vehicular and pedestrian traffic flow are considerably busy. 4. FOURTH CLASS COMMERCIAL LANDS (C-4) (a) Along concrete or asphalted roads. ATICcS (b) Where mixed commercial or residential buildings are situated. (c) Where commercial trading or business activities are less than the third class commercial lands. (d) Where vehicular and pedestrian traffic flow are fairly busy. 5. FIFTH CLASS COMMERCIAL LANDS (C-5) (a) Where trading and business activities are significantly low. (b) Where mixed commercial and residential buildings are situated. (c) Along concrete or asphalted roads. (d) Where vehicular and pedestrian flow are low. II. INDUSTRIAL LANDS 1. FIRST CLASS INDUSTRIAL LANDS (I-1) (a) Along well-maintained concrete or asphalted road. (b) Where the vicinity is extensively used for industrial purposes. (c) Where the vicinity is accessible to the highway. 2. SECOND CLASS INDUSTRIAL LANDS (I-2) (a) Along well-maintained concrete or asphalted roads. (b) Located within a distance of more than 12,000 meters but not beyond 20 meters to the business or financial centers of municipality. (c) Where the vicinity is used for mixed industrial and commercial purposes. (d) Where the vicinity is accessible to the highway. 3. THIRD CLASS INDUSTRIAL LANDS (I-3) (a) Where the vicinity is used for mixed residential or industrial purposes. (b) Along asphalted or gravel road. (c) Located more than 20,000 meters but not beyond 20,000 meters from business center of the municipality. (d) Where the vicinity is accessible to the highway. 4. FOURTH CLASS INDUSTRIAL LANDS (I-4) (a) Along asphalted roads. (b) Located more than 30,000 meters from the business center of the municipality. (c) Where the vicinity is extensively used for residential purposes. (d) Where the vicinity is accessible to national, city or municipal road. III. RESIDENTIAL LANDS 1. FIRST CLASS RESIDENTIAL LANDS (R-1) (a) Along well-maintained concrete or asphalted road. (b) Where the architectural designs and utility of houses erected thereon falls under the complex expensive category. (c) Located near the centers of the financial and commercial district. (d) Where water, electric and telephone facilities are available. (e) Where the vicinity and surroundings which are free of squatters are available. (f) Where the vicinity and surroundings are free of squatters and other eyesores. (g) Where the vicinity has security services. 2. SECOND CLASS RESIDENTIAL LANDS (R-2) (a) Along well-maintained concrete or asphalted road. (b) Located near commercially classified lands. (c) Where water, electricity and telephone facilities are available. (d) Where semi-high grade apartments or residential buildings are predominantly situated. (e) Where public utility transportation facilities are fairly regular. (f) Where the vicinity and surrounding are free from squatters and other eyesores. 3. THIRD CLASS RESIDENTIAL LANDS (R-3) (a) Along concrete or asphalted roads. (b) Where water, electric, telephone facilities are available. (c) Where average grade residential buildings are predominantly situated. (d) Where public utility transportation facilities are regular towards major trading center. 4. FOURTH CLASS RESIDENTIAL LANDS (R-4) (a) Along concrete or asphalted roads. (b) Where public utility transportation facilities are irregular. (c) Where fair grade residential buildings are situated. 5. FIFTH CLASS RESIDENTIAL LANDS (R-5) (a) Along concrete or asphalted roads. (b) Commands lesser value than the fourth class residential lands. (c) Where residential buildings made of strong materials are situated. (d) Located considerably far from the business centers. (e) Public transportation facilities are irregular. 6. SIXTH CLASS RESIDENTIAL LANDS (R-6) (a) Along narrow asphalted roads or sand and gravel roads. (b) Commands the least land value in the municipality. (c) Where residential buildings made of low-grade materials are situated. TIADCc (d) Significantly far from business centers. (e) Where public water and electric facilities are not readily available. IV. AGRICULTURAL LANDS 1. FIRST CLASS AGRICULTURAL LANDS (a) Along residential area and main thoroughfares. (b) Back of commercial and industrial areas. 2. SECOND CLASS AGRICULTURAL LANDS (a) Along the river. 3. THIRD CLASS AGRICULTURAL LANDS (a) Along dried creeks. 4. FOURTH CLASS AGRICULTURAL LANDS (a) Along Laguna de Bay. SECTION 6.1. Bagumbayan. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Joseph Sitt 1,500.00 1,500.00 4,500.00 R-3 Perpetual Village 2,000.00 2,000.00 2,900.00 R-3 Posadas Estate 2,000.00 2,000.00 2,800.00 R-3 Holy Family Village 2,000.00 2,000.00 2,750.00 R-3 St. Martin Mahogany 2,000.00 2,000.00 3,500.00 R-3 Mahogany Road 2,000.00 2,000.00 4,000.00 R-3 Mahogany Subd. 2,000.00 2,000.00 3,500.00 R-3 Severina Subd. 1,500.00 1,500.00 2,500.00 R-3 M.L. Quezon St. 1,600.00 1,600.00 3,000.00 R-3 Marcelo I & II 1,000.00 1,000.00 3,750.00 R-5 Aguahan Village 1,000.00 1,000.00 2,000.00 R-5 Sta. Teresa Compound 1,000.00 1,000.00 2,000.00 R-5 Batisan 800.00 800.00 1,500.00 R-6 Domini Village 1,000.00 1,000.00 1,800.00 R-5 Gutierrez Compound 800.00 800.00 1,800.00 R-6 Pasong Kalabaw 800.00 800.00 2,500.00 R-6 Pasong Kalabaw Ext. 800.00 800.00 4,500.00 R-6 Mauling Creek 800.00 800.00 1,700.00 R-6 Santiago 800.00 800.00 1,750.00 R-6 Coco Village 700.00 700.00 1,750.00 R-6 Rocky Village 700.00 700.00 1,750.00 R-6 All Other Streets 600.00 600.00 2,000.00 R-6 B.) INDUSTRIAL Sta. Maria Real Estate 2,000.00 2,000.00 4,500.00 I-1 Maalac Avenue 2,500.00 2,500.00 5,000.00 I-1 Pasong Kalabaw Ext. 2,000.00 2,000.00 4,500.00 I-1 SECTION 6.2. Bagong Tanyag. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Maalac Ave. 1,600.00 1,600.00 4,500.00 R-3 Perpetual Village 1,800.00 1,800.00 3,400.00 R-3 Goco St. 1,200.00 1,200.00 2,000.00 R-4 Kalamansi St. 1,200.00 1,200.00 2,000.00 R-4 Kasoy St. 1,200.00 1,200.00 2,000.00 R-4 North Daang Hari (NHA) 1,000.00 1,000.00 2,200.00 R-5 South Daang Hari (NHA) 1,000.00 1,000.00 2,200.00 R-5 Palomaria St. 1,200.00 1,200.00 2,000.00 R-4 Tanyag Proper 1,000.00 1,000.00 2,300.00 R-5 Sta. Teresa Compound 1,000.00 1,000.00 2,000.00 R-5 Sitio de Asis 1,000.00 1,000.00 2,200.00 R-5 Sitio de Roble 1,000.00 1,000.00 2,000.00 R-5 Victoria Village 1,000.00 1,000.00 R-5 All Other Streets 800.00 800.00 1,500.00 R-6 B.) COMMERCIAL Gen. Santos Avenue 2,500.00 2,500.00 6,500.00 C-4 SECTION 6.3. Upper Bicutan. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Gen. Santos Avenue 2,000.00 2,000.00 5,000.00 R-3 Bonifacio St. 1,600.00 1,600.00 4,000.00 R-3 Barrameda St. 1,000.00 1,000.00 2,700.00 R-5 Maharlika Road-Sitio Imelda 1,600.00 1,600.00 4,500.00 R-3 Int. Bonifacio St. 1,000.00 1,000.00 3,000.00 R-5 Int. Sitio Imelda 900.00 900.00 3,000.00 R-6 Goyena St. 1,200.00 1,200.00 2,700.00 R-4 Bagalay St. 1,000.00 1,000.00 2,700.00 R-5 J.P. Rizal St. 1,000.00 1,000.00 2,700.00 R-5 Gen. Valdez St. 1,000.00 1,000.00 2,700.00 R-5 Trianes St. 1,000.00 1,000.00 2,700.00 R-5 Ricaverta St. 1,000.00 1,000.00 2,700.00 R-5 Manalo St. 1,000.00 1,000.00 2,700.00 R-5 Legaspi St. 1,000.00 1,000.00 2,700.00 R-5 Reposar St. 1,000.00 1,000.00 2,700.00 R-5 Tagum St. 1,000.00 1,000.00 2,700.00 R-5 Tibi St. 1,000.00 1,000.00 2,700.00 R-5 Lapu-lapu St. 1,000.00 1,000.00 2,700.00 R-5 Tangpuz St. 1,000.00 1,000.00 2,700.00 R-5 Osano St. 1,000.00 1,000.00 2,700.00 R-5 Deano St. 1,000.00 1,000.00 2,700.00 R-5 Mc Inture St. 1,000.00 1,000.00 2,700.00 R-5 Aniceta St. 1,000.00 1,000.00 2,700.00 R-5 Gen. Capinpin St. 1,000.00 1,000.00 2,700.00 R-5 Rajah Sumakwel St. 1,000.00 1,000.00 2,700.00 R-5 Aquino St. 1,000.00 1,000.00 2,700.00 R-5 Sampalocan St. 1,000.00 1,000.00 2,700.00 R-5 Chavez St. 1,000.00 1,000.00 2,700.00 R-5 Villa St. 1,000.00 1,000.00 2,700.00 R-5 Babas St. 1,000.00 1,000.00 2,700.00 R-5 Martisaro St. 1,000.00 1,000.00 2,700.00 R-5 Delvo St. 1,000.00 1,000.00 2,700.00 R-5 Contreras St. 1,000.00 1,000.00 2,700.00 R-5 Arago St. 1,000.00 1,000.00 2,700.00 R-5 Eduria St. 1,000.00 1,000.00 2,700.00 R-5 Fernandez St. 1,000.00 1,000.00 2,700.00 R-5 Holganza St. 1,000.00 1,000.00 2,700.00 R-5 All Other Streets 1,000.00 1,000.00 2,700.00 R-5 SECTION 6.4. Lower Bicutan. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Gen. Santos Avenue 2,000.00 2,000.00 3,500.00 R-3 M.L. Quezon St. 1,600.00 1,600.00 3,500.00 R-3 Pio Felipe St. 1,600.00 1,600.00 3,500.00 R-3 Sampaloc St. 1,200.00 1,200.00 2,700.00 R-4 Barrameda St. 1,200.00 1,200.00 2,700.00 R-4 V. Cruz St. 1,200.00 1,200.00 2,700.00 R-4 T. Santos St. 1,200.00 1,200.00 2,700.00 R-4 Barangay St. 1,200.00 1,200.00 2,500.00 R-4 Pagkakaisa St. 1,200.00 1,200.00 2,500.00 R-4 Pag-asa St. 1,200.00 1,200.00 2,500.00 R-4 Paraiso St. 1,200.00 1,200.00 2,000.00 R-4 All Other Streets 1,000.00 1,000.00 2,500.00 R-5 B.) COMMERCIAL Gen. Santos Avenue 3,000.00 3,000.00 C-4 Pio Felipe St. 2,000.00 2,000.00 C-4 C.) AGRICULTURAL Along Dried Creek 50.00 50.00 GP Along Laguna de Bay 30.00 30.00 GP SECTION 6.5. Maharlika. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL All Other Streets 1,300.00 1,300.00 3,500.00 R-4 (Govt. Reservation) 1,300.00 1,300.00 3,500.00 R-4 SECTION 6.6. Western Bicutan. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL East Service Road 2,000.00 2,000.00 3,000.00 R-3 Circumferential Road 2,000.00 2,000.00 5,000.00 R-3 Pasong Tamo St. Ext. 2,000.00 2,000.00 3,000.00 R-3 Dawag St. 1,200.00 1,200.00 3,000.00 R-4 Champaca St. 1,200.00 1,200.00 4,000.00 R-4 Sampaguita St. 1,200.00 1,200.00 4,000.00 R-4 Sambong St. 1,200.00 1,200.00 4,000.00 R-4 Sto. Nio St. 900.00 900.00 3,000.00 R-6 Kakawati St. 900.00 900.00 3,000.00 R-6 Manggahan St. 900.00 900.00 3,000.00 R-6 Sampalok St. 900.00 900.00 3,000.00 R-6 Eucalyptus St. 900.00 900.00 2,500.00 R-6 Kakaw St. 900.00 900.00 3,000.00 R-6 Kalatsutsi St. 900.00 900.00 3,000.00 R-6 Makabuhay St. 900.00 900.00 3,000.00 R-6 Tambini St. 900.00 900.00 3,000.00 R-6 Cabuyaw St. 900.00 900.00 3,000.00 R-6 Dilaw St. 900.00 900.00 3,000.00 R-6 Palumana St. 900.00 900.00 3,000.00 R-6 Duhat St. 900.00 900.00 3,000.00 R-6 Goco St. 900.00 900.00 3,000.00 R-6 Kasoy St. 900.00 900.00 3,000.00 R-6 Dita St. 900.00 900.00 3,000.00 R-6 Dayap St. 900.00 900.00 3,000.00 R-6 Abocado St. 900.00 900.00 3,000.00 R-6 Adelfa St. 900.00 900.00 3,000.00 R-6 Alagaw St. 900.00 900.00 3,000.00 R-6 Dalanghita St. 900.00 900.00 3,000.00 R-6 Bayabas St. 900.00 900.00 3,000.00 R-6 Kalamansi St. 900.00 900.00 3,000.00 R-6 Kalantas St. 900.00 900.00 3,000.00 R-6 Gulaman St. 900.00 900.00 3,000.00 R-6 Ikmo St. 900.00 900.00 3,000.00 R-6 Kabiling St. 900.00 900.00 3,000.00 R-6 Mansanilya St. 700.00 700.00 3,000.00 R-6 Kintsay St. 700.00 700.00 3,000.00 R-6 Lantig St. 700.00 700.00 3,000.00 R-6 Lagundi St. 700.00 700.00 3,000.00 R-6 Damong Maria St. 700.00 700.00 3,000.00 R-6 Akapulko St. 700.00 700.00 3,000.00 R-6 Ambal St. 700.00 700.00 3,000.00 R-6 Balanoy St. 700.00 700.00 3,000.00 R-6 Bunga St. 700.00 700.00 3,000.00 R-6 Banaba St. 700.00 700.00 3,000.00 R-6 Bating St. 700.00 700.00 3,000.00 R-6 Mais St. 700.00 700.00 3,000.00 R-6 Talong St. 700.00 700.00 3,000.00 R-6 Saging St. 700.00 700.00 3,000.00 R-6 Nabua St. 700.00 700.00 3,000.00 R-6 SECTION 6.6.1. Western Bicutan. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Sula St. 700.00 700.00 3,000.00 R-6 Gumamela St. 700.00 700.00 3,000.00 R-6 Kamachile St. 700.00 700.00 3,000.00 R-6 Malungay St. 700.00 700.00 3,000.00 R-6 Banato St. 700.00 700.00 3,000.00 R-6 Balatong St. 700.00 700.00 2,500.00 R-6 Dalandan St. 700.00 700.00 3,000.00 R-6 Pandan St. 700.00 700.00 2,500.00 R-6 Papaya St. 700.00 700.00 2,500.00 R-6 Niyog St. 700.00 700.00 2,500.00 R-6 Pili St. 700.00 700.00 2,500.00 R-6 All Other Streets 700.00 700.00 3,000.00 R-6 B.) INDUSTRIAL East Service Road 3,000.00 3,000.00 10,000.00 I-1 Veteran's Center 2,500.00 2,500.00 12,500.00 I-1 FTI Compound 2,500.00 2,500.00 15,000.00 I-1 C.) COMMERCIAL East Service Road 3,000.00 3,000.00 50,000.00 C-4 Circumferential Road C-5 2,500.00 2,500.00 50,000.00 C-4 Bayani Road 3,000.00 3,000.00 C-4 Tenement Condo Area 2,000.00 2,000.00 25,000.00 C-4 Bagong Lipunan Condo 2,000.00 2,000.00 25,000.00 C-4 All Other Streets 1,000.00 1,000.00 1,000.00 C-4 SECTION 6.7. Signal Village. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Rodriguez St. 2,500.00 2,500.00 R-3 Ballecer St. 2,000.00 2,000.00 4,500.00 R-3 Mayor Tanyag St. 1,600.00 1,600.00 3,500.00 R-3 Ranger St. 1,600.00 1,600.00 3,500.00 R-3 Bravo St. 1,600.00 1,600.00 3,500.00 R-3 Visayas St. 2,000.00 2,000.00 4,000.00 R-3 Luzon St. 2,000.00 2,000.00 4,000.00 R-3 Gen. Espino St. 2,000.00 2,000.00 4,000.00 R-3 Salazar St. 2,000.00 2,000.00 4,500.00 R-3 Cuasay St. 2,000.00 2,000.00 2,800.00 R-3 Martinez St. 1,600.00 1,600.00 3,500.00 R-3 Cardones St. 1,600.00 1,600.00 3,500.00 R-3 21 de Enero St. 1,600.00 1,600.00 2,500.00 R-3 Manalili St. 1,600.00 1,600.00 3,000.00 R-3 Dalupang St. 1,600.00 1,600.00 3,000.00 R-3 Pineda St. 1,600.00 1,600.00 3,000.00 R-3 Labasan St. 1,600.00 1,600.00 3,000.00 R-3 Quirino St. 1,600.00 1,600.00 3,000.00 R-3 Mc Arthur St. 1,600.00 1,600.00 3,000.00 R-3 Horse Shoe St. 1,600.00 1,600.00 3,000.00 R-3 Prudence St. 1,600.00 1,600.00 3,500.00 R-3 Army Road St. 1,600.00 1,600.00 3,500.00 R-3 Phil. Air Force Road 1,600.00 1,600.00 3,000.00 R-3 Magsaysay Road 1,600.00 1,600.00 3,000.00 R-3 Garcia St. 1,000.00 1,000.00 2,500.00 R-5 Castaas St. 1,000.00 1,000.00 2,800.00 R-5 Ubas St. 1,000.00 1,000.00 2,800.00 R-5 Domingo St. 1,000.00 1,000.00 2,500.00 R-5 Langka St. 1,000.00 1,000.00 2,500.00 R-5 Chico St. 1,000.00 1,000.00 2,500.00 R-5 Santol St. 1,000.00 1,000.00 2,500.00 R-5 Lanzones St. 1,000.00 1,000.00 2,500.00 R-5 Mansanas St. 1,000.00 1,000.00 3,000.00 R-5 Osmea St. 1,000.00 1,000.00 3,000.00 R-5 Laurel St. 1,000.00 1,000.00 3,000.00 R-5 Salamat St. 1,000.00 1,000.00 2,500.00 R-5 Calle Atis 1,000.00 1,000.00 2,500.00 R-5 Ilang-Ilang St. 1,000.00 1,000.00 2,500.00 R-5 Sampalok St. 1,000.00 1,000.00 2,800.00 R-5 Salavantes St. 1,000.00 1,000.00 2,800.00 R-5 Maj. Vita St. 1,000.00 1,000.00 3,000.00 R-5 Manggahan Road 1,000.00 1,000.00 2,800.00 R-5 Navy Road 1,000.00 1,000.00 2,800.00 R-5 Pardias St. 1,000.00 1,000.00 2,800.00 R-5 P.C. Road 1,000.00 1,000.00 2,800.00 R-5 Cabasan St. 1,000.00 1,000.00 2,800.00 R-5 Calya St. 1,000.00 1,000.00 2,800.00 R-5 Rongo St. 1,000.00 1,000.00 2,800.00 R-5 Miranda St. 1,000.00 1,000.00 2,800.00 R-5 SECTION 6.7.1. Signal Village. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Bernardo St. 1,000.00 1,000.00 2,800.00 R-5 Provendencia St. 1,000.00 1,000.00 2,800.00 R-5 Caimito St. 1,000.00 1,000.00 2,800.00 R-5 Topaz St. 1,000.00 1,000.00 2,800.00 R-5 Sto. Nio St. 1,000.00 1,000.00 2,800.00 R-5 All Other Streets 1,000.00 1,000.00 2,800.00 R-5 B.) COMMERCIAL Rodriguez St. 1,000.00 2,500.00 25,000.00 C-4 SECTION 6.8. Hagonoy. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Mahogany Place 800.00 1,000.00 R-1 Spring Lane 640.00 1,000.00 R-2 Seagull Ave. 2,000.00 2,000.00 2,800.00 R-3 Bay Breeze 2,000.00 2,000.00 2,800.00 R-3 M.L. Quezon St. 1,600.00 1,600.00 2,800.00 R-3 St. Michael Subd. 1,000.00 1,000.00 2,800.00 R-5 Deva Village 1,000.00 1,000.00 2,800.00 R-5 Morning Sun Village 1,000.00 1,000.00 2,800.00 R-2 Capistrano St. 1,000.00 1,000.00 2,800.00 R-5 Dimasalang Road 1,000.00 1,000.00 2,800.00 R-5 Barangay Road 1,000.00 1,000.00 2,800.00 R-5 Baltazar Capistrano 1,000.00 1,000.00 2,800.00 R-5 All Other Streets 800.00 800.00 R-6 B.) AGRICULTURAL Along the Creek/River 50.00 50.00 A Along Laguna Lake 30.00 30.00 A SECTION 6.9. Wawa. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Spring Lane Homes 640.00 3,000.00 R-2 Seagull Ave. 2,000.00 2,000.00 2,500.00 R-3 Bay Breeze 2,000.00 2,000.00 3,000.00 R-3 M.L. Quezon St. 1,600.00 1,600.00 3,500.00 R-3 Tambak 1,400.00 1,400.00 2,500.00 R-4 Guerrero St. 1,000.00 1,000.00 2,500.00 R-5 Jones St. 1,000.00 1,000.00 2,500.00 R-5 Puwang 1,000.00 1,000.00 2,500.00 R-5 All Other Streets 800.00 800.00 R-6 B.) AGRICULTURAL Along Laguna de Bay 30.00 30.00 200.00 A Along the Road 800.00 800.00 300.00 A Along the Creek/River 50.00 50.00 A Along Dried Creek 50.00 50.00 A SECTION 6.10. Bambang. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Mahogany Place 800.00 4,000.00 R-1 M.L. Quezon St. 1,600.00 1,600.00 3,000.00 R-3 Kentucky 1,200.00 1,200.00 3,000.00 R-4 Katipunan St. 1,000.00 1,000.00 2,500.00 R-5 C. Mastrill 1,000.00 1,000.00 2,500.00 R-5 Dulong Bayan 1,000.00 1,000.00 1,500.00 R-5 Other Int. Street 1,000.00 1,000.00 2,500.00 R-5 All Other Streets 800.00 800.00 2,500.00 R-6 B.) AGRICULTURAL Along Dried Creek 50.00 50.00 A SECTION 6.11. Ususan. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Lakeview Manor 1,600.00 3,000.00 R-2 Pacific Residences 1,600.00 3,000.00 R-2 Tomasa Estate Subd. 1,800.00 1,800.00 4,500.00 R-3 Gen. Luna St. 1,800.00 1,800.00 5,000.00 R-3 J.P. Rizal (Taguig-Pateros Rd.) 1,600.00 1,600.00 3,500.00 R-3 P. Mariano (P. Gomez) 1,200.00 1,200.00 2,500.00 R-4 N.P. Cruz (M.H. Del Pilar) 1,200.00 1,200.00 2,500.00 R-4 Kalayaan St. (El Pili) 1,200.00 1,200.00 2,500.00 R-4 Banal St. 1,000.00 1,000.00 2,500.00 R-5 St. Ignacio St. 1,200.00 1,200.00 2,500.00 R-4 Ibayo-Ususan 800.00 800.00 3,500.00 R-6 Maysapang 800.00 800.00 5,000.00 R-6 C-5 Relocation 1,000.00 1,000.00 R-5 Pinagsama Village 1,000.00 1,000.00 R-5 Diego Silang 1,000.00 1,000.00 R-5 HIGC Centennial 1,000.00 1,000.00 R-5 Taguig Diversion Road 1,500.00 1,500.00 R-3 All Other Streets 1,000.00 1,000.00 1,000.00 R-5 B.) COMMERCIAL Levi Mariano Avenue 2,000.00 6,000.00 C-3 Tapat Memorial Park 2,000.00 2,000.00 4,000.00 C-4 Gen. Luna St. 1,800.00 1,800.00 6,000.00 C-4 J.P. Rizal (Taguig-Pateros Rd.) 1,600.00 1,600.00 5,000.00 C-4 C.) INDUSTRIAL Maysapang 2,000.00 6,000.00 I-1 Ibayo-Ususan 1,500.00 1,500.00 I-2 D.) AGRICULTURAL J.P. Rizal Taguig Pateros 500.00 500.00 A SECTION 6.12. Tuktukan. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Vista de Lago 1,600.00 3,000.00 R-2 Greenville Homes 1,600.00 3,000.00 5,000.00 R-2 Gen. Luna St. 1,800.00 1,800.00 5,000.00 R-3 J.P. Rizal St. 1,600.00 1,600.00 3,500.00 R-3 Verzosa St. 1,600.00 1,600.00 3,500.00 R-3 T & D Village 1,600.00 1,600.00 3,500.00 R-3 A. Mabini St. 1,600.00 1,600.00 3,500.00 R-3 All Other Streets 1,200.00 1,200.00 R-4 B.) COMMERCIAL & INDUSTRIAL Gen. Luna St. 1,800.00 1,800.00 10,000.00 C-4 J.P. Rizal St. Taguig-Pateros 1,600.00 1,600.00 5,000.00 C-4 C.) AGRICULTURAL Along J.P. Rizal 500.00 500.00 1,000.00 A SECTION 6.13. Sta. Ana. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL F. Mariano St. (P. Burgos St.) 1,600.00 1,600.00 2,900.00 R-3 J.P. Rizal St. 1,600.00 1,600.00 2,500.00 R-3 Prudence Subd. 1,600.00 1,600.00 3,500.00 R-3 D.M. Cruz Ext. 1,400.00 1,400.00 2,900.00 R-4 A. Bonifacio St. 1,200.00 1,200.00 2,900.00 R-4 Liwayway St. 1,000.00 1,000.00 2,900.00 R-5 Pinagsalubungan St. 1,200.00 1,200.00 2,900.00 R-4 D.M. Cruz St. 800.00 800.00 2,500.00 R-6 Pulong Kendi 600.00 600.00 2,000.00 R-6 Ibayo Sta. Ana 600.00 600.00 2,000.00 R-6 Anie 500.00 500.00 2,000.00 R-6 All Other Streets 500.00 500.00 2,000.00 R-6 B.) AGRICULTURAL Along Dried Creek 50.00 50.00 600.00 A Along F. Manalo St. 500.00 500.00 600.00 A Along Laguna de Bay 30.00 30.00 200.00 A Along the River 50.00 50.00 200.00 A SECTION 6.14. Calzada-Tipas. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL F. Manalo St. (P. Burgos St.) 1,400.00 1,400.00 3,000.00 R-4 E.P. Santos Subd. 1,200.00 1,200.00 2,500.00 R-4 Polintan Compound 1,200.00 1,200.00 3,000.00 R-4 Ruhale Road 1,200.00 1,200.00 2,500.00 R-4 Langkokak 600.00 600.00 2,000.00 R-6 Muncal 600.00 600.00 1,800.00 R-6 Coco Village 600.00 600.00 1,800.00 R-6 All Other Streets 600.00 600.00 1,800.00 R-6 B.) AGRICULTURAL Along F. Manalo St. 500.00 500.00 600.00 A Along Laguna de Bay 30.00 30.00 200.00 A Along the River 50.00 50.00 600.00 A Ruhale 50.00 50.00 A Dried Creek 50.00 50.00 600.00 A SECTION 6.15. Palingon-Tipas. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Gen. A. Natividad St. 1,400.00 1,400.00 3,000.00 R-4 School Roads (TES) 1,200.00 1,200.00 3,000.00 R-4 Tartaria 1,000.00 1,000.00 2,000.00 R-5 Col. Estacio 1,000.00 1,000.00 2,000.00 R-5 Panday Palingon 1,000.00 1,000.00 2,000.00 R-5 Bantayan Road 1,000.00 1,000.00 2,500.00 R-5 Bgy. Road-Sanga St. 800.00 800.00 2,000.00 R-6 Magsalin St. 800.00 800.00 2,000.00 R-6 Licod-Palingon 1,000.00 1,000.00 2,000.00 R-5 a) Natividad Comp. 800.00 800.00 2,000.00 R-6 b) Mendoza Comp. 800.00 800.00 2,000.00 R-6 c) San Pedro Comp. 800.00 800.00 2,000.00 R-6 All Other Streets 800.00 800.00 2,000.00 R-6 B.) AGRICULTURAL Along Dried Creek 50.00 50.00 600.00 A Along Tipas River 50.00 50.00 600.00 A Along Laguna de Bay 30.00 30.00 200.00 A Along Panday 50.00 50.00 A SECTION 6.16. Ligid-Tipas. SDAaTC LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Maestrang Pinang St. (Gen. Arsenio Natividad St.) 1,600.00 1,600.00 3,500.00 R-3 L. Labao St. (J. Luna) 1,200.00 1,200.00 2,500.00 R-4 Ordoez St. 1,000.00 1,000.00 2,500.00 R-5 C. Ramos St. 1,000.00 1,000.00 2,500.00 R-5 Umali St. (ibaba) 1,000.00 1,000.00 2,500.00 R-5 E. Jacinto St. (Capt. M. Tanyag) 1,000.00 1,000.00 2,500.00 R-5 Panday St. 1,000.00 1,000.00 2,000.00 R-5 O. Mariano St. (School Road) 1,000.00 1,000.00 2,000.00 R-5 Sapang Viejo 600.00 600.00 1,300.00 R-6 All Other Streets 600.00 600.00 2,000.00 R-6 B.) AGRICULTURAL As per BIR Zonal Value Along Daang Paa River 50.00 50.00 600.00 A Gen. Arsenio Natividad St. 500.00 500.00 600.00 A (Maestrang Pinang Ext.) Along Panday River 50.00 50.00 600.00 A SECTION 6.17. Ibayo-Tipas. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Ulilang Kawayan 1,600.00 1,600.00 R-3 Elisco Road 1,600.00 1,600.00 4,000.00 R-3 J.D.L. Compound 1,600.00 1,600.00 4,000.00 R-3 Dr. A. Natividad St. 1,600.00 1,600.00 2,400.00 R-3 Nagkawit & Daang Manunuso 1,000.00 1,000.00 2,000.00 R-5 Capt. Ciano St. 800.00 800.00 1,500.00 R-6 Daang Paa 800.00 800.00 1,500.00 R-6 Capistrano Compound 800.00 800.00 1,500.00 R-6 Cruz Compound 800.00 800.00 1,500.00 R-6 Labao Compound 800.00 800.00 1,500.00 R-6 J. Ramos St. 800.00 800.00 1,500.00 R-6 F. Dinguingbayan St. 800.00 800.00 1,500.00 R-6 Bambang St. 800.00 800.00 1,500.00 R-6 Mabato Creek Road 1,000.00 1,000.00 2,300.00 R-5 Katwiran Road 1,000.00 1,000.00 1,800.00 R-5 San Pedro Compound 800.00 800.00 1,500.00 R-6 Barangay Road 800.00 800.00 1,500.00 R-6 Magno Pigtain Compound 800.00 800.00 1,500.00 R-6 Tungis 800.00 800.00 2,000.00 R-6 All Other Streets 800.00 800.00 R-6 B.) COMMERCIAL Flores Compound 1,300.00 1,300.00 1,500.00 C-4 C.) INDUSTRIAL Katuwiran 1,600.00 1,600.00 Dr. A. Natividad St. 1,600.00 1,600.00 4,000.00 I-2 Cor. Elisco Rd. to Napindan 4,000.00 Mabato Road 1,600.00 1,600.00 D.) AGRICULTURAL Along Tipas River 50.00 50.00 600.00 Along Dried Creek 50.00 50.00 1,000.00 Along Laguna de Bay 30.00 30.00 200.00 Along Katuwiran 50.00 50.00 1,000.00 Along Mabato 50.00 50.00 1,000.00 SECTION 6.18. Napindan. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL L. Labao St. 1,200.00 1,200.00 R-4 C & C Road 1,200.00 1,200.00 2,500.00 R-4 F. Balagtas St. 1,000.00 1,000.00 1,500.00 R-5 P. Lucas St. 1,000.00 1,000.00 1,500.00 R-5 M. Capistrano St. 1,000.00 1,000.00 2,500.00 R-5 Ibayo-Napindan 600.00 600.00 1,500.00 R-6 All Other Streets 600.00 600.00 800.00 R-6 B.) INDUSTRIAL C & C Road 1,600.00 1,600.00 1,600.00 I-2 Ibayo-Napindan Lupang Suerte Lupang Arrenda C.) AGRICULTURAL Along Ibayo Napindan 50.00 50.00 1,000.00 A Along Sandoval St. 50.00 50.00 800.00 A Along Napindan River 50.00 50.00 1,000.00 A Along Labasan River 50.00 50.00 600.00 A Along Dried Creek 50.00 50.00 600.00 A Along Laguna de Bay 30.00 30.00 200.00 A SECTION 6.19. Fort Bonifacio. LOCATION 2001 M.V./SQM 2008 M.V./SQM BIR ZONAL VALUE 5th Revision CLASS CRITERIA A.) RESIDENTIAL Mckinley Hills 2,500.00 8,000.00 R-1 Radial Road No. 4 3,000.00 3,000.00 3,000.00 R-3 Lawton Road 3,000.00 3,000.00 4,000.00 R-3 McKinley Road 3,000.00 3,000.00 3,000.00 R-3 Bayani Road 3,000.00 3,000.00 3,000.00 R-3 Navy Road 3,000.00 3,000.00 10,500.00 R-3 Pasong Tamo Ext. 2,000.00 2,000.00 2,500.00 R-3 McArthur Road 3,000.00 3,000.00 2,400.00 R-3 Merritt Road 3,000.00 3,000.00 2,400.00 R-3 Memorial Road 3,000.00 3,000.00 2,400.00 R-3 AFPOVAI 2,500.00 2,500.00 3,000.00 R-3 BCDA 2,500.00 2,500.00 3,000.00 R-3 Relocation Site C-5 2,000.00 2,000.00 3,000.00 R-3 Pembo, Rembo, Comembo 2,500.00 2,500.00 R-3 East & West Cembo, South 2,500.00 2,500.00 R-3 Cembo Pitogo 2,500.00 2,500.00 R-3 All Other Streets 2,000.00 2,000.00 R-3 B.) COMMERCIAL C-5 4,000.00 4,000.00 C-4 RR#4 4,000.00 4,000.00 C-4 Lawton 6,000.00 6,000.00 C-3 McKinley 6,000.00 6,000.00 C-3 Bayani Road 4,000.00 4,000.00 C-4 P. Tamo 4,000.00 4,000.00 3,000.00 C-4 Kalayaan 6,000.00 6,000.00 1,000.00 C-4 City Center 6,000.00 20,000.00 C-1 NCBD 6,000.00 20,000.00 C-1 Bonifacio South 6,000.00 20,000.00 C-1 E-Square 6,000.00 20,000.00 C-1 Crescent Park West 6,000.00 20,000.00 C-1 Bonifacio North 6,000.00 20,000.00 C-1 Bonifacio Triangle 6,000.00 16,000.00 C-1 University District 6,000.00 16,000.00 C-1 Station Square East 6,000.00 16,000.00 C-1 McKinley Hills 2,500.00 12,000.00 C-1 C.) INDUSTRIAL Pasong Tamo Ext. 3,000.00 3,000.00 3,000.00 I-1 SECTION 7. Repealing Clause. Ordinance No. 41, Series of 2001, and all Ordinances, resolutions, rules and regulations, part or parts thereof in conflict or inconsistent with any provisions of this ordinance are hereby repealed or modified accordingly. SECTION 8. Separability Clause. Should any part or parts of this ordinance be held unconstitutional, part or parts not otherwise affected thereby shall continue to be in full force and effect. SECTION 9. Effectivity. This ordinance shall take effect upon its publication and posting in accordance with the Local Government Code. APPROVED this 15th day of December, 2008 at Taguig City. acEHCD (SGD.) HON. ALLAN PAUL C. CRUZ Councilor (SGD.) HON. MA. REBECCA CARISSA R. TIGA Councilor (SGD.) HON. GAMALIEL N. SAN PEDRO Councilor (SGD.) HON. MILAGROS F. VALENCIA Councilor (SGD.) HON. RONNETTE O. FRANCO Councilor (SGD.) HON. ARVIN IAN V. ALIT Councilor (SGD.) HON. BALTAZAR T. MARIATEGUE Councilor (SGD.) HON. AURELIO PAULO "AP" BARTOLOME Councilor (SGD.) HON. JAIME R. LABAMPA Councilor (SGD.) HON. RICARDO J. JORDAN Councilor HON. DARWIN B. ICAY Councilor (SGD.) HON. MARISSE BALINA-ERON Councilor (SGD.) HON. BABY GLORIA V. DE MESA Councilor (SGD.) HON. ESTELA A. GASGONIA Councilor (SGD.) HON. ARNEL M. CERAFICA Councilor (SGD.) HON. ERWIN G. MANALILI Councilor (SGD.) HON. DELIO J. SANTOS LIGA President (SGD.) HON. MONINA C. CUENCO SK Federation President Attested by: (SGD.) HON. GEORGE A. ELIAS City Vice Mayor & Presiding Officer Certified by: (SGD.) ATTY. DANIEL B. VALDEZ City Council Secretary Approved by: (SGD.) HON. SIGFRIDO R. TIGA City Mayor