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Home > AN ORDINANCE RATIFYING THE TERM LOAN AGREEMENT, THE ASSIGNMENT OF DEPOSIT WITH HOLD-OUT AND CONTROL AGREE-MENT AND OTHER SUPPORTING DOCU-MENTS PERTAINING TO THE LOAN ENTERED INTO BY AND BETWEEN THE PROVINCIAL GOVERNMENT OF PANGASINAN, REPRE-SENTED BY HON. GOVERNOR AMADO I. ES-PINO III AND THE DEVELOPMENT BANK OF THE PHILIPPINES, REPRESENTED BY SENIOR MANAGER EDGARDO T. MANALO, IN THE AMOUNT OF THREE HUNDRED SIXTY MIL-LION PESOS (P360,000,000.00) TO FINANCE PROJECTS UNDER THE ASSISTANCE FOR ECONOMIC AND SOCIAL DEVELOPMENT FOR LGUS FINANCING PROGRAM-BAYANIHAN INTEREST SUBSIDY FUND

Certification

TO WHOM IT MAY CONCERN:

THIS lS TO CERTIFY that at the regular session duly constituted of the Sangguniang Panlalawigan, Province of Pangasinan, held on February 14, 2022 at Lingayen, Pangasinan, the following ordinance was approved:
Provincial Ordinance No. 278-2022

AN ORDINANCE RATIFYING THE TERM LOAN AGREEMENT, THE ASSIGNMENT OF DEPOSIT WITH HOLD-OUT AND CONTROL AGREE-MENT AND OTHER SUPPORTING DOCU-MENTS PERTAINING TO THE LOAN ENTERED INTO BY AND BETWEEN THE PROVINCIAL GOVERNMENT OF PANGASINAN, REPRE-SENTED BY HON. GOVERNOR AMADO I. ES-PINO III AND THE DEVELOPMENT BANK OF THE PHILIPPINES, REPRESENTED BY SENIOR MANAGER EDGARDO T. MANALO, IN THE AMOUNT OF THREE HUNDRED SIXTY MIL-LION PESOS (P360,000,000.00) TO FINANCE PROJECTS UNDER THE ASSISTANCE FOR ECONOMIC AND SOCIAL DEVELOPMENT FOR LGUS FINANCING PROGRAM-BAYANIHAN INTEREST SUBSIDY FUND

Author/Sponsor: SP MEMBER ANGEL M. BANIQUED, JR.
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The third biggest province in the Philippines is home to rich and fine salt beds from which its name is derived. The vernacular “panag-asin-an” or Pangasinan means “where salt is made.” The province is known for its abundant natural resources and bountiful harvests both from its vast landscape and seemingly endless seas, as well as various traditional industries and colorful culture and history.
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