Republic of the Philippines Province of Ilocos Norte CITY OF LAOAG OFFICE OF THE SANGGUNIANG PANLUNGSOD EXCERPT FROM THE RECORD OF PROCEEDINGS OF THE 70 TH REGULAR SESSION OF THE 9 th SANGGUNIANG PANLUNGSOD OF LAOAG HELD AT THE SANGGUNIANG PANLUNGSOD SESSION HALL ON DECEMBER 22, 2014. WHEREAS, the prevailing market fees was passed by the Sangguniang Panlungsod way back in January 8, 1998 through City Ordinance No. 98-001 otherwise known as “1998 Public Market and Slaughterhouse Code of Laoag City”; WHEREAS, more than sixteen (16) years has elapsed since its enactment, rendering the rates stipulated therein obsolete particularly pertaining to Sec. 29 thereof; WHEREAS, the Local Government Code mandates the increase of the market rates every five (5) years and it has become imperative that revision should be made on the present rates to incorporate the modern market rates now adopted by other local governments; WHEREAS, the City Treasurer has
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