“AN ORDINANCE APPROVING AND RATIFYING THE TERMS AND CONDITIONS CONTAINED IN THE TERM LOAN AGREEMENT AND DEED OF ASSIGNMENT WITH HOLD-OUT ENTERED INTO BY HON. ALLAN L. RELLON, DPA, PhD, CITY MAYOR/CHAIRPERSON LOCAL SCHOOL BOARD, IN BEHALF OF THE CITY GOVERNMENT OF TAGUM, DAVAO DEL NORTE, WITH THE DEVELOPMENT BANK OF THE PHILIPPINES INVOLVING THE PESOS: EIGHTY MILLION (P80,000,000.00) LOAN FOR THE CONSTRUCTION OF SCHOOL BUILDINGS/CLASSROOMS”.