(NAR) VOL. 24 NO. 4 / OCTOBER - DECEMBER 2013
The records of the Office of the Corporate Secretary show that during the Two Hundred Forty Seventh (247th) Meeting of the Board of Directors of the Subic Bay Metropolitan Authority held last 30 August 2013 wherein there was a quorum to validly transact business, the following resolution was approved:
Resolution No. 13-08-4838
“Resolve, as it is hereby resolved, that without prejudice to COA Regulations and pertinent laws on the matter, the Board hereby approves the following:
Management’s Memorandum dated 01 August 2013 with hard copy of Management’s Powerpoint presentation on the matter is incorporated herein by way of reference:
(SGD) RUBEN O. FRUTO
Corporate Secretary