“A RESOLUTION APPROVING AND RATIFYING THE SIGNED TERMS AND CONDITIONS OF THE AMENDED LOAN AGREEMENT AND THE DEED OF ASSIGNMENT WITH HOLD-OUT PROVISION EXECUTED BETWEEN THE CITY GOVERNMENT OF TAGUM REPRESENTED BY ITS MAYOR, HON. REY T. UY, AND THE DEVELOPMENT BANK OF THE PHILIPPINES REPRESENTED BY MR. EDGAR N. SERONAY, SENIOR ASST. VICE PRESIDENT AND REGIONAL HEAD ON FEBRUARY 8, 2008.”