2013 R - 07 - Awarding to Audit the Financial Condition of the Olongapo City Government Employees’ Multi Purpose Cooperative for the CY 2012 to Ms. Cecilia Moselina, CPA

Excerpts from the Minutes of the Regular Meeting of the Board of Directors of the Olongapo City Government Employees Multi-Purpose Cooperative (OCGEMPC) Held on 19 February 2013 at the OCGEMPC Training Room

Resolution No. 2013 -007

Awarding to Audit the Financial Condition of the Olongapo City Government Employees’ Multi Purpose Cooperative for the CY 2012 to Ms. Cecilia Moselina, CPA

WHEREAS, the Cooperative was in search for a Certified Public Accountant accredited by the Cooperative Development Authority (CDA) in compliance with the requirement of the  Authority;

WHEREAS, Ms. Cecilia Moselina, CPA, expressed her intention thru letter to audit the financial condition of the Coop for the CY 2012;

WHEREAS, Her proposal of fees and billing includes related statement of operation, cash flows and changes in equity for the year then ended amounting to Forty Thousand Pesos (P40,000.00) excluding the Out-of-Pocket expenses;

WHEREAS, such amount is lesser than the proposed bill of Villalobos, Penaflor & Co. CPA’s who audited the 2011 Coop Finances;

NOW THEREFORE, upon motion duly made and seconded, the Board of Directors of the Olongapo City Government Employees Multi-Purpose Cooperative in meeting assembled do hereby:

RESOLVE, AS IT IS HEREBY RESOLVED to award as it is hereby awarded to audit the financial condition of the Olongapo City Government Employees’ Multi Purpose Cooperative for the CY 2012 to Ms. Cecilia Moselina, CPA.

FURTHER RESOLVED to require the external auditor to use the PESOS and CAPR as prescribed requirement by the CDA in the financial audit.

Done this 19^th day of February 2013 at Olongapo City, Philippines.

2011 R - 030 - AWARDING THE LEASE OF THE COOP CANTEEN TO MS. VERONICA CRISOLOGO: AND FOR OTHER PURPOSES

Excerpts from the Minutes of the Regular Meeting of the Board of Directors of the Olongapo City Government Employees Multi-Purpose Cooperative (OCGEMPC) Held on 22 July 2011 at the Board Room of the Subic Bay Water Regulatory Board, Subic Bay Freeport Zone

Resolution No. 2011-030 - AWARDING THE LEASE OF THE COOP CANTEEN TO MS. VERONICA CRISOLOGO: AND FOR OTHER PURPOSES

WHEREAS, after a careful review of the letters of intent received by the OCGEMPC and after the interview of the short0listed prospective lessees of the COOP Canteen, the Board has decided that the offer of Ms. Veronica Crisologo is the most advantageous to the OCGEMPC;

NOW THEREFORE, upon motion duly made and seconded, the Board of Directors of the OCGEMPC in session assembled do hereby:

RESOLVE AS IT IS HEREBY RESOLVED to award, as it is hereby awards the lease of the Coop Canteen to Ms. Veronica Crisologo;

RESOLVED FURTHER to authorize, as it is hereby authorizes the Board Chairperson to enter into a lease agreement with Ms. Crisologo based on the terms and conditions previously presented to the board.

Done this 22nd day of July 2011 at Subic Bay Freeport Zone, Philippines.