Municipal Resolution No. 2010-31

Republic of the Philippines
Province of Bohol
Municipality of Corella

THE TWELFTH SANGGUNIANG BAYAN

MUNICIPAL RESOLUTION NO. 2010 – 31

A RESOLUTION AUTHORIZING MRS. PEREGRINA B. CURAYAG, MUNICIPAL TREASURER AS PRINCIPAL SIGNATORY TO BE COUNTERSIGNED BY HON. JOSE NICANOR D. TOCMO, MUNICIPAL MAYOR, AND IN HIS ABSENCE HON. VITO B. RAPAL, MUNICIPAL VICE MAYOR, AS ALTERNATE SIGNATORY, OF THE TRANSACTIONS OF THE MUNICIPALITY OF CORELLA, BOHOL WITH THE LAND BANK OF THE PHILIPPINES, TAGBILARAN BRANCH

WHEREAS, Mrs. Peregrina B. Curayag, Municipal Treasurer is the principal signatory to the transactions to the Land Bank of the Philippines;

WHEREAS, Hon. Jose Nicanor D. Tocmo and Hon. Vito B. Rapal are the new Municipal Mayor and Vice Mayor respectively;

WHEREAS, as provided for in Section 454 of the Implementing Rules and Regulations of RA 7160 otherwise known as the Local Government Code of 1991 that the Municipal Mayor as the local chief executive of the municipality, is the sole authority to sign in behalf of the municipality;

WHEREAS, RA 7160 otherwise known as the Local Government Code of 1991, specifically Sec 46, provides that the Vice Mayor shall exercise the powers and perform the duties and functions of the Municipal Mayor in case of temporary vacancy;

WHEREFORE, be it resolved as it is hereby resolved by the Twelfth Sangguninag Bayan of Corella, Bohol in session duly assembled-

To authorize Mrs. Peregrina B. Curayag,Municipal Treasurer as principal signatory to be countersigned by Hon. Jose Nicanor D. Tocmo ,Municipal Mayor and, in his absence, Hon. Vito B. Rapal, Municipal Vice Mayor, as alternate signatory, of transactions of the Municipality of Corella, Bohol with the Land Bank of the Philippines, Tagbilaran Branch

RESOLVED FURTHER, to send a copy hereof to The Manager, Land Bank of the Philippines, Tagbilaran Branch, Tagbilaran City, Bohol for his information, consideration and favorable action;

Approved: July 19, 2010

I hereby certify to the correctness of the above quoted resolution.

RUTH C. BAUGBOG

SB Secretary Designate

Attested:

HON. VITO B. RAPAL

Municipal Vice Mayor /

Presiding Officer

Republic of the Philippines

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