MEMORANDUM OF AGREEMENT

KNOW ALL MEN BY THESE PRESENTS: 

This Memorandum of Agreement, authorized by virtue of Sangguniang
Panlungsod Resolution No. _____ made and entered into by and between: 

The CITY GOVERNMENT OF CABADBARAN, a government instrumentality with office

address at Barangay 9, Cabadbaran City, Agusan del Norte and represented herein by its
City Mayor, JUDY CHIN AMANTE and hereinafter referred to as the “City LGU”. 

-and-

The SLP Federated Association of Cabadbaran City, Inc., a duly-registered organization

with office address at Purok 3, Barangay Poblacion 9, City of Cabadbaran, Agusan del
Norte and represented by its President Segundina Lansang, hereinafter referred to as
the “Association." 

WITNESSETH
WHEREAS, Article XII, Section 1 of the Philippine Constitution provides that "the goals of
the national economy are a more equitable distribution of opportunities, income wealth
and expanding productivity as the key to raising the quality of life for all especially the
underprivileged"; 

WHEREAS, Article III, Section 2 of the Philippine Constitution provides that the
promotion of social justice shall include the commitment to create economic
opportunities based on freedom of initiative and self-reliance; 

WHEREAS, Section 3 of Republic Act 5416 otherwise known as the Social Welfare Act
mandates DSWD to provide a comprehensive program of Social welfare services
designed to ameliorate the living condition of the distressed Filipinos especially those
who are handicapped by person of poverty: 

WHEREAS, RA 7160 otherwise known as the Local Government Code provides for the
consultation and coordination with the Local Government Units (LGUs) on any projects
of the National Government Agencies (NGAs); 

WHEREAS, pursuant to the above mandate the DSWD has designed the Sustainable
Livelihood Program (SLP) which focuses on the promotion of viable people organizations
that effectively addresses the livelihood needs of the disadvantaged groups; 

WHEREAS, by definition, the Sustainable Livelihood Program (SLP) is a capability building

program for the poor, vulnerable and marginalized families and individuals in acquiring
necessary assets to engage in and maintain thriving livelihoods that help improve their
socio-economic conditions. 

WHEREAS, the objective of the Sustainable Livelihood Program (SLP) endeavors to

strengthen the skills, competencies, abilities and resources of poor Filipino families and
create an enabling environment for accessing income generating opportunities to
address basic needs, thereby improving their socio-economic well-being. 
WHEREAS, with the intent of supporting the Sustainable Livelihood Program (SLP), the
City LGU has allocated, in a supplemental budget, the amount of Two Million Four
Hundred Thousand Pesos (Php 2,400,000.00) under the City Mayor's Office
(Administration Programs) to be released as soft loan to select SLP Associations under
equitable terms and conditions laid down herein; 

WHEREAS, under the aforesaid funding, no SLP beneficiaries shall be qualified to receive
any fresh funds from the City LGU unless they shall have undergone a Business
Improvement Planning which shall be the bases for any further activities that the
Association will undertake using the said fund. 

NOW THEREFORE, for and in consideration of the foregoing premises and their
mutual covenants hereinafter set forth, the parties hereby agree to undertake the above
project based on the following terms and conditions. 

1. Responsibilities of the Parties 

A. The City LGU, shall: 

1. Provide the fund assistance for working capital to the ASSOCIATION based on
the approved Business Improvement Plan (BIP) amounting to Three Hundred
Thousand Pesos (Php 300,000.00), to be paid in equal monthly installments for a
period of three (3) years starting on the 3rd year of operation, with zero percent
(0%) interest. Funding assistance may be released in full or in tranches depending
on the nature and the need of the project. For releases in tranches, the schedule
and amount of releases shall be in accordance with the Fund Release Schedule
duly approved by majority decision of the SLP-Technical Working Group;

2. Conduct monitoring of the livelihood operations of the Association on a

periodic basis and verify the financial records and reports of the Association; 

3. Provide orientation/briefing to the Association prior to issuance of fund

assistance to ensure that both the technical and administrative concerns relative
to the Improvement Plan are adequately addressed; 

4. Provide technical assistance to the Association whenever necessary: 

5. Adhere to the accounting and auditing requirements of fund transfers such as,
among others, maintenance of subsidiary ledger of cash transferred pertaining to
the project, drawing Journal Vouchers to take up financial reports of the
Association as well as taking up liquidation;

6. Institute appropriate actions against the concerned Association which may

include, among others, suspension or termination of the project in case of
violation of the provisions of this MOA and/or legal action for misuse of
approved and released funds, the legal costs of which shall be shouldered by the
Association. 

B. The Association shall: 

1. Implement the necessary activities and actions indicated in the approved

Business Improvement Plan which shall form as an integral part of this
Agreement; 
 2. Procure the necessary raw materials, equipment, supplies, tools and jigs
indicated in the approved Business Improvement Plan, within 2 months from
receipt of project funds released in bulk or in tranches; 

3. Deposit any checks received for this purpose to the depository bank of the
Association; 

4. Utilize the amount received from the City LGU solely for the above-mentioned
approved Business Improvement Plan, more particularly, the budget items
indicated in its Production, Marketing, Organizational and Financial Improvement
Plans. In no case shall the funds be used for payment of debts or any accounts
payable of the Association not related, nor contained in the Business
Improvement Plan, nor for money market placement, time deposit and other
forms of investments not related to the project; 

5. Allow access to or make available all records and facilities pertaining to the
project for the visitorial audit and examination of the City LGU; 

7. Return to the City LGU the amount received in equal monthly installments for
three (3) years starting on the 3rd year of operation without interest. Any unpaid
monthly installment/s shall be carried over to the installment due on the next
succeeding month/s;

8. Install/hang streamers/banners or signages bearing the logos of the City LGU,

DSWD and SLP are prominently displayed in the project site;

9. Ensure that product packaging/labeling or delivery vehicles shall bear the logo
of the City LGU DSWD and SLP indicating that it is an LGU-assisted project; 

10. Keep and maintain an accounting or financial records/subsidiary records for

funds received from the City LGU in accordance with generally accepted
accounting principles; 

11. Submit to the City LGU the Liquidation report within sixty (60) days upon
completion of procurement of all necessary items indicated in the approved
Business Improvement Plan, with supporting documents and evidences like
invoices, pictures, and acceptance/ acknowledgement receipt by the
beneficiaries of the raw materials, and/ or equipment, tools and jigs, as
applicable.

12. Secure prior approval from the SLP-TWG in case of deviation from the
approved Business Improvement Plan;

13. Cooperate with the SLP-TWG Monitors in the conduct of regular visit and
inspection; 

III. MODIFICATION/AMENDMENT AND EFFECTIVITY 

a. Any modification/amendment to this Agreement shall be subject to the

mutual consent of the parties hereto. 

b. Any deviation from the approved project proposal shall require approval of the
SLP Technical Working Group in a majority decision. In case of unauthorized deviations,
the Association shall be obliged to return any unutilized portion of the financial
assistance without need of prior demand from the City LGU. Unauthorized deviations
shall also give the City LGU the right to stop payment of the check and/or succeeding
releases covering the amount of the grant. 

c. This Agreement takes effect upon signing of the parties hereto and shall remain
in force until mutually revoked by both parties. 

IN WITNESS HEREOF, the parties through their duly authorized representatives

hereto affix their signatures this day of ________ 2021 at Cabadbaran City, Agusan del
Norte 

Local Government Unit  SLP Federated Association of Cabadbaran

Cabadbaran City  City, Inc.
Agusan del Norte  Cabadbaran City, Agusan del Norte

By: By: 

JUDY CHIN AMANTE SEGUNDINA LANSANG

City Mayor President

ACKNOWLEDGEMENT
BEFORE ME, a Notary Public for and in the above jurisdiction, this --- 2021, personally
appeared: 

Name Government ID Date & Place Issued

JUDY CHIN AMANTE

Known to me to be the same person who executed the foregoing

Memorandum which consists of five (5) pages, including this page in which the
acknowledgment is written, signed by the party and their instrumental witnesses at the
spaces herein provided and acknowledged to me that the same is their free act and
deed. 

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial

seal on this ____ day of _______________ 2021.

Doc. No. ______;

Page No. ______;
Book No. ______;
Series of 2021 
NOTARY PUBLIC
 ACKNOWLEDGEMENT
BEFORE ME, a Notary Public for and in the above jurisdiction, this ___ 2021, personally
appeared: 

Name Government ID Date & Place Issued

SEGUNDINA LANSANG

Known to me to be the same person who executed the foregoing Memorandum

of Agreement which consists of five (5) pages, including this page in which the
acknowledgment is written, signed by the party and their instrumental witnesses at the
spaces herein provided and acknowledged to me that the same is their free act and
deed. 

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal
on this ______ day of _________________ 2021. 

Doc. No. ______;

Page No. ______;
Book No. ______;
Series of 2021 
NOTARY PUBLIC