IMPOSING OCCUPANCY FEE AND MONTHLY RENTAL FEE OF THE NEW BLOCK TIENDAS AT THE MARIBOJOC PUBLIC MARKET, MARIBOJOC, BOHOL.

Sponsored by: MASS MOTION

Preliminary Notes

WHEREAS, it is the Policy of the LGU-Maribojoc, Bohol to give preference of the old occupants of the seven (7) block tiendas to acquire lease rights over the newly constructed block tiendas of the Maribooc Public Market;

WHEREAS, the National Government through Executive Order No. 542, series of 1997 has enjoined LGUs to institute measures to promote the security of registered vendors in their respective working place;

WHEREFORE, be it ordained by the Sangguniang Bayan of Maribojoc, Bohol in their session duly assembled, that:

SECTION 1. Definition of Terms.-

a.) Occupancy – the act of taking and holding in possession.
b.) Fee – s compensation or payment for service rendered, a gratuity.
c.) Rental – an amount of rent.

SECTION 2. Amount of Occupancy Fee.- There shall be an amount of occupancy fee of 50,000 to be collected from the old occupants who will be awarded the lease rights to occupy the new block tiendas at the Maribojoc Public Market, Maribojoc, Bohol;

SECTION 3: Period of Payments.- The amount of 50% of the occupancy fee shall be collected from the awarded stall holder before occupying said block tienda. The balance amount of the occupancy fee shall be paid in installment basis within the period of three months from the payment of the 50% occupancy

SECTION 4: Monthly Rental Fee.- There shall be collected an amount of Four Hundred pesos (P400.00) as monthly rental fee to be paid to the Municipal Treasurer’s Office at the end of the month;

SECTION 5: Repealing Clause.- All ordinances which are inconsistent to the
provisions hereof, in part or in whole are hereby repealed, amended or modified accordingly as to the occupancy of the newly constructed block tiendas of the Maribojoc Public Market.

SECTION 6: Effectivity.- This ordinance shall take effect upon approval.

Approved: October 25, 2002

Let copies be furnished, the Sangguniang Panlalawigan of Bohol, for review and approval.

I HEREBY CERTIFY TO THE CORRECTNESS
OF THE ABOVE QUOTED ORDINANCE:

PHILIP R. MEDEQUISO
Municipal Vice Mayor
Presiding Officer

ATTESTED:

ALBERTO E. ARANGOSO
SB Secretary

APPROVED:

Engr. GABINO C. REDULLA
Municipal Mayor

Dates signed: November 07, 2002