MO#2023-26 ORD RATIFYING LOAN AGREEMENT LANDBANK (CARAANG)
AN ORDINANCE RATIFYING THE LOAN AGREEMENT AND OTHER SUPPORTING DOCUMENTS PERTAINING TO THE LOAN ENTERED INTO BY AND BETWEEN THE MUNICIPAL GOVERNMENT OF SAN NICOLAS, ILOOCOS NORTE, REPRESENTED BY MAYOR ANGEL MIGUEL L. HERNANDO AND THE LANDBANK OF THE PHILIPPINES, REPRESENTED BY ITS HEAD, ILOCOS NORTE LENDING CENTER – JESUS E. ALEGRE, JR., IN THE AMOUNT OF ONE HUNDRED FIFTY MILLION PESOS (P150,000,000.00) TO AUGMENT THE MUNICIPALITY’S FUND IN THE ACQUISITION OF 4.8 HECTARES LOT TO BE USED AS THE SITE OF THE SAN NICOLAS GOVERNMENT CENTER.
