An Ordinance Updating the Schedule of Market Value of Real Properties in the City of Bacolod and Other Provisions Relative to Real Property Tax Administration

July 13, 2016BACOLOD CITY ORDINANCE NO. 09-16-781AN ORDINANCE REPEALING CITY ORDINANCE NO. 08-14-700, SERIES OF 2014, OTHERWISE KNOWN AS "AN ORDINANCE UPDATING THE SCHEDULE OF MARKET VALUE OF REAL PROPERTIES IN THE CITY OF BACOLOD AND OTHER PROVISIONS RELATIVE TO REAL PROPERTY TAX ADMINISTRATION"WHEREAS, the Local Government Code of 1991 provides that the Sangguniang Panlungsod as the legislative body of the city, shall enact ordinances, approve resolutions and appropriate funds for the general welfare of the city and its inhabitants;WHEREAS, on November 19, 2014, the Sangguniang Panlungsod of Bacolod City approved City Ordinance No. 08-14-700 which updates the schedule of Market Values of Real Properties in the City of Bacolod;WHEREAS, on February 2015, the Department of Justice, in its Resolution (Case No. 10-2014), declared City Ordinance No. 08-14-700 as NULL and VOID, pointing out that this August body failed to observe the requirements of notice, public hearing and publication in the enactment of a tax ordinance involving general revision of real property assessments;WHEREAS, the said ordinance due to unforeseen circumstances failed to comply the procedural...