An Ordinance Promulgating the Valenzuela City Investments and Incentives Code of 2012

May 27, 2013VALENZUELA CITY ORDINANCE NO. 082-13AN ORDINANCE PROMULGATING THE VALENZUELA CITY INVESTMENTS AND INCENTIVES CODE OF 2012 AND PROVIDING FOR APPROPRIATIONS THEREOFAuthored by: Councilor Lorena Natividad-BorjaCo-Authors: Councilor Antonio R. Espiritu, Councilor Kate Abigael Galang-Coseteng, Councilor Shalani S. Soledad-Romulo, Councilor Lailanie P. Nolasco, Councilor Corazon A. Cortez and Councilor Ramon L. Encarnacion** Excerpts from the minutes of the 117th Regular Session of the 5th City Council of Valenzuela held on May 27, 2013 at 2:36 P.M. at the City Council's Session Hall, 3rd Floor, Legislative Building, Valenzuela City Hall, Karuhatan, Valenzuela City, Metro Manila.WHEREAS, Section 17 of the Local Government Code mandates the Local Government Unit to exercise power and discharge such other functions and responsibilities as are necessary, appropriate or incidental to efficient and effective governance such as providing their constituents the basic services and facilities which includes investment support services; WHEREAS, local government units are encouraged to play an active role in attracting more investments by providing an enabling environment that will generate and enhance economic activities in the area;WHEREAS, one of the...