Approved on
August 7 2017
AN ORDINANCE RATIFYING THE LOAN AGREEMENT AND OTHER SUPPORTING DOCUMENTS PERTAINING TO THE LOAN ENTERED INTO BY AND BETWEEN THE PROVINCIAL GOVERNMENT OF PANGASINAN REPRESENTED BY HON. AMADO I. ESPINO III AND THE LAND BANK OF THE PHILIPPINES REPRESENTED BY ITS HEAD, PANGASINAN LENDING CENTER AVP JAIME S. CRUZ, JR. IN THE AMOUNT OF THREE HUNDRED FIFTY MILLION PESOS ONLY (P350,000,000.00) TO FINANCE THE ACQUISITION OF VARIOUS BRAND NEW HEAVY EQUIPMENT AND BRAND NEW MOTOR VEHICLES (P189.00M) AND ACQUISITION OF VARIOUS BRAND NEW HOSPITAL EQUIPMENT FOR THE PANGASINAN PROVINCIAL HOSPITAL AND THIRTEEN (13) OTHER DISTRICT AND COMMUNITY HOSPITALS IN PANGASINAN (P161.00M), INCLUDED IN THE APPROVED ANNUAL INVESTMENT PROGRAM FOR CY 2017 AND ELIGIBLE FOR FINANCING
Sponsor/Author:
SP MEMBER ANGEL M. BANIQUED, JR.