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ORDINANCE GRANTING SPECIAL ADDITIONAL TAX DISCOUNT OF 10% FOR FULL PAYMENT OF REAL PROPERTY TAX ON OR BEFORE JANUARY 31, 2020

Marikina City · NCREnacted: January 31, 2020
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tg $epuhliha ffiiLiyinas SANGGUNIANG PAI{LUNGSOD NG MARIKINA ORDINANCE NO. 149 Series of 2019 oRDINANCE GRANTING SPECIAL ADDITIONAL TAX DISCOUNT OF IO% .IANUARY 31,2020 Introduced by: Councilor THADDEUS ANI'ONIO M. SANTOS, JR. Co-sponsored by: Councilor ROMMEL S. ACUNA Councilor CARL ELI F. AFRICA Councilor SERAFIN Y. BERNARDINO Councilor CLOYD S. CASIMIRO Councilor PAUL B. DAYAO Councilor LEVY DL. DE GUZMAN Councilor ROMINA KATE N. DE GUZMAN Councilor DONN CARLO B. FAVIS Councilor SAMUEL S. FERRIOL Councilor RENATO B. MAGTUBO Councilor ANGELITO R. NUfrIEZ Councilor JOEL V. RELLEVE Councilor RUBEN R. REYES Councilor MANUEI, E. SARMIENTO Councilor LORETO F. TOLE,NTINO. JR. Councilor ZIFFRED A. ANCFIETA Councilor .IONAS MERVIN D. REYES and Vice Mayor MARION S. ANDRES, M.D. WHEREAS, Section 16 of Republic Act No. 7 160, otherwise known as the "Local Government Code of l99l'' states that: "SEC. 16. Genersl 14elJhre. - Every local government unit shall exercise the powers expressly granled, those necessarily implied therefrom, as well as powers necessary, appropriste, or incidental .for its efrcient and elfective governance, and lhose which are essential to lhe promotion of the gencral v,elfare. x x x" WHEREAS, it is the policy ol'the city to encourage taxpayer/s to settle promptly their obligations and avail tax incentives/discounts; Efficient tax collcction redounds to lhe benefit of the tax payers in the form of various projects. programs and services implemented by the city for its constituents: WHEREAS, Section 192 of the same Code likewise states that: "SEC. I92. Authority to Grrmt Tax Exemption Privileges. - Local governtnent unils may, through ordinonces duly approved, granl lax ixemprions, incentives or relieJi under such lerms and condilions as they may deem necessary. " . .tP Ordinance No. 149 Series of 2019 Page 2 of NOW THEIIEFORE, BE lT ORDAINED AS IT IS HEREBY ORDAINED' by the SANGGUNIANG PANLUNGSOD of MARIKINA. in session duly assembled: SECTION l. Grant of Special Additional Tox Discount. The City Govemment of Marikina hereby grants Special Additional Tax Discount of Ten Percent (10%) on real property tax due for taxable year 2020 paid in full on or before January 3 I , 2020 SECTION 2. Effectivily. This Ordinance shall take effect upon approval. UNANIMOUSLY ENACTED bY thE SANGGUNIANG PANLUNGSOD Of MARIKINA. this 23'r dav ol' Decernter. 201 9. I HEREBY CERTIFY to the correctness of the foregoing Ordinance which was duly enacted by lhe Sangguniang Punlttngsod during its l'r Special Session held at Boy Nita Restaurant on December 23. 2019. NORALYN f,. TINGCUN(;CO City Council Secretary ATTESTED ANI) CE,I{TIFIED THADI)EI]S ANT . SANTOS,.IR. City Councilor/Tem orary Presiding Otficer APPIIOVEI) bl thc (llTY NIAYOII on JAN ? ?0n NIARCELINO R. TEODOI{O City Mayor