Ord. 004-2010 (ICC)

2010 Investment Incentive Code | Balete, Aklan 1 Republic of the Philippines Province of Aklan Municipality of Balete EXCERPTS FROM THE MINUTES OF THE 6 TH REGULAR SESSION OF THE SANGGUNIANG BAYAN ( for the period 2010-2013) OF THE MUNICIPALITY OF BALETE, AKLAN HELD ON THURSDAY, AUGUST 12, 2010 AT THE SANGGUNIANG BAYAN SESSION HALL. Present: HON. ROMAN R. VILLARUEL Vice Mayor / Presiding HON. SYLVIA V. YASA SB Member HON. INOCENTES F. BANTIGUE, JR. SB Member HON. CRISPINO P. BELTRAN, JR. SB Member HON. APOLINAR C. CLEOPE SB Member HON. PATRICK F. LACHICA SB Member HON. CIRIACO T. FELICIANO SB Member HON. PETER C. RECIDORO SB Member HON. JOSELITO C. DELOS REYES SB Member HON. BERNARDO M. SAUZA SB Member/Liga ng mga Brgy. President HON. MILCAH E. SAUZA SB Member/SK Mun. Fed. President Absent: NONE “ORDINANCE NO. 004-2010 “AN ORDINANCE ENACTING THE BALETE MUNICIPAL INVESTMENT INCENTIVE CODE OF 2010 “Be it ordained by the Sangguniang Bayan of Balete, Aklan that: CHAPTER I GENERAL PROVISIONS Section 1 – Title. This Ordinance shall be known as the Balete Municipal Investment Incentive Code of 2010 .” Section 2 – Declaration of Policy – The Municipal Government of Balete hereby declares, as a matter of policy, that the economic activities, particularly in identified investment priority areas shall be encouraged, promoted and strengthened, in line with the Municipal Development Plan. To this end, the Municipal Government shall endeavor to spur this development by providing assistance to investors through tax exemption privileges and other appropriate incentives. It shall also ensure the establishment of adequate support facilities and services and assure investors of a peaceful environment for business.

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Ord. 004-2010 (ICC)