REPUBUC OF THE PHILIPPINES

PROVINCE OF BOHOL
MUNICIPALITV OF MAFUBOIOC
BARANGAY OF
OFFICE OF THE SANGGUNIANG KABATAAN

RESOLUNON NO.
Series of 2019

A RESOLUTON DESIGNATING TE SK CHAIRPERSON AND SK TREASURER

AS THE OFFICIAL SIGNATORIES FOR OPENING AN SK ACCOUNT IN THE LAND
BANK OF THE PNOIPPINES,TAGEILARAM BRANCH AS WIILAS THE SAME SIGNATOSUES TO OFICIALY
TRANSACT THEREOF,

WHEREAS,it is a dedared poliey that the state shal recocnire the vtal role of the youth in
nabon bullding and pramote protett their physcat,spirtuat,intellectual and socal wel
being inculate in them patriot im,natonatim and other desirable values and encourages
their active invelvement in publie and cwie afatrs;

WNEAEAS,Secti an 20 af BA Ho.10742 provides that all iacome af the barangay,ten percent

(10%s)wil be appropriated fer the Sangeunang kabataan in lomp sum and shall be
dioburse solely far youth develepment and empowerment parpares
WHEREAS,sechan (D)of the same law provides that the ss shall have hnancal independence in the
eperation,ditbursemeats and encathment of their tund,income and expenditures;

WHEREAS,the Joint Memorandum Crcular Ne.1.s.2019 consistent with section 20 (bI of RA NO

10742,the sk shall open s urrent atcount in the name of the sk in a bank,preferably
government- owned,situated in or mearest te its area of jurisdict en wth the SK chalrperson
and sk treawrer as the othusl sigatones

WHEAEFORE,BE IT RESOLVED,in mass mob on by the Sanggrntueg Kabataan of Baregay

Marhejoc Sohol ie session assembled te approve the said resolut en in designating the sk Chairpersos
and 5K Treasure as the nfhaal signatories fer
opening an SK ascaunt in the Land Bank of the Phillpplnes,Tagblaran Branch as well as
the same satories to tranuct wth the bank

RESOLVED FURTHER,that the proposed resolation remans effechve and has met been
amended. revoked or sespended.

RESOLvED INALtY,that capies af this resolunon be fumished to the tranch Manager of the
LANO bank of the Philippines,Tagularan Branch,Municapsl Accountant,MVDO,Pumong
Barangays concern/Brgy.
Treasurer and te the deugnated dgnatories,Sk Chalperson _ and the sK
Treasurer_ for their informab on and guitance

UNANIMOUSLY APPROVED this day of November,2019 spon mass moton of the

members preest

SK KAGAWAD SKKAGAWAD SK KAGAWAD

SKKAGAWAD SKKAGAWAD SK KAGAWAD

SKKAGAWAD