AN ORDINANCE GRANTING A 2% SHARE OF GROSS ENTRANCE RECEIPTS OF THE STO. NIÑO COLD SPRING RESORT TO THE BARANGAY OF STO. NIÑO, THIS MUNICIPALITY.

Section 1

The Municipal Government of Catarman, Camiguin, shall provide a share of two percent (2%) of gross entrance receipts of the Sto. Niño Cold Spring Resort to the barangay of Sto. Niño, this municipality.

Section 2

This ordinance shall amend Section 12 (1) of Ordinance No. 5. Series of 1997.

Section 3

This ordinance shall take effect immediately.

Adopted unanimously this 8th day of December, 1997.

APPROVED: December 8, 1997.

ATTESTED:

CLEMENTE E. TORRO

APPROVED:

JOSEFA Y. TAGARDA

JESUS B. PALARCA

REMEDIOS J. AREVALO

LUIS A. BANAAG

ALLAN A. ENOPIA

JESSIE B. CAGADAS

JUSTINIANO S. DINOROG

ROGELIO P. ACIDO

TEDDY D. GALUPO

FRANKLIN T. GO

GRACE B. VELOSO