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REPUBLIC OF THE PHILIPPINES

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City Ordinances

ORDINANCE No. 8057

Date Approved:

11 August 2003

City Council:

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Principal Authors

HON. MILES M. ROCES

Co-authors

AN ORDINANCE GRANTING FURTHER TAX INCENTIVES AS TO OWNERS OR LESSEES OF BUILDINGS/STRUCTURES LOCATED ALONG AND/OR WITHIN QUEZON BOULEVARD, QUIAPO AREA, STA CRUZ INCLUDING RIZAL AVENUE UP TO THE CITY LIMITS, ESCOLTA AND SAN NICOLAS AREA ON PAYMENT OF ADDITIONAL REALTY TAX ON IMPROVEMENTS OCCASIONED BY MAJOR REPAIRS, REHABILITATION OR RECONSTRUCTION OF EXISTING BUILDINGS/STRUCTURES FOR A PERIOD OF FIVE (5) YEARS, UNDER CERTAIN TERMS AND CONDITIONS, AND FOR OTHER PURPOSES.