2013 R - 22 - SEEKING RECOGNITION OF THE OLONGAPO CITY GOVERNMENT EMPLOYEES’ MULTI-PURPOSE COOPERATIVE (OCGEMPC), BY THE SANGGUNIANG PANLUNGSOD OF OLONGAPO CITY

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 20 June 2013 at the OCGEMPC Training Room

Resolution No. 2013 – 022

A RESOLUTION SEEKING RECOGNITION OF THE OLONGAPO CITY

GOVERNMENT EMPLOYEES’ MULTI-PURPOSE COOPERATIVE

(OCGEMPC), BY THE SANGGUNIANG PANLUNGSOD OF OLONGAPO CITY

WHEREAS, the Olongapo City Government Employees’ Multi-Purpose Cooperative (OCGEMPC) is an organization duly registered with the Cooperative Development Authority (CDA);

WHEREAS, Art. 7 of RA 9520 otherwise known as Philippine Cooperative Code of 2008 states that “the cooperative shall aim to Cooperate with the government, other cooperatives and people-oriented organizations to further the attainment of any of the foregoing objectives”;

WHEREAS, Department of Interior and Local Government (DILG) Memorandum Circular No. 2010-73, citing the Local Government Code mandated the Sanggunian to accredit Non-Government Organization for the purpose of selection of representatives to Local Special Bodies;

WHEREAS, accreditation by the Sangguniang Panlungsod and entitlement to representation in the local special bodies is deemed by the OCGEMPC Board to be important and beneficial to the attainment of the organization’s purposes and objectives;

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

RESOLVE AS IT IS HEREBY RESOLVED, that the Olongapo City Government Employees’ Multi-Purpose seek, as it hereby seeks accreditation by the Sangguniang Panlungsod of Olongapo City;

RESOLVED FURTHER, that the OCGEMPC Chairman and Secretary be authorized to apply for accreditation and submit all the administrative and documentary requirements to the Sangguniang Panlungsod.

Done this 20^th day of June 2013 at Olongapo City, Philippines.

2013 R - 018 - REALIGNING TWENTY SEVEN THOUSAND PESOS FROM MISCELLANEOUS/INCENTIVE EXPENSE TO COMMITTEE MEETING EXPENSES

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 20 June 2013 at the OCGEMPC Training Room, 3^rd Floor City Hall, Olongapo City

Resolution No. 2013 – 018

REALIGNING TWENTY SEVEN THOUSAND PESOS FROM

MISCELLANEOUS/INCENTIVE EXPENSE TO COMMITTEE MEETING EXPENSES

WHEREAS, no budget was allocated for the Committee Meetings in the 2013 Budget;

WHEREAS, it was suggested by the Coop Manager to allocate Twenty-Seven Thousand Pesos (P27, 000.00) from the budget item Miscellaneous/Incentive Expense (Acct. Code 73520-2) to Committee Meetings Expenses;

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, to re-align, as it hereby re-aligns Twenty Seven Thousand Pesos from Miscellaneous/Incentive Expense to Committee Meetings Expenses.

2013 - R - 017 - AMENDING RESOLUTION NO. 2013-13, AFFIRMING AND RECOGNIZING FOR THE RECORD, THE OFFICERS OF THE OLONGAPO CITY GOVERNMENT EMPLOYEES’ MULTI PURPOSE COOPERATIVE FOR THE YEAR 2013

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 20 June 2013 at the OCGEMPC Training Room, 3^rd Floor City Hall, Olongapo City

Resolution No. 2013 – 017

AMENDING RESOLUTION NO. 2013-13, AFFIRMING AND RECOGNIZING  

FOR THE RECORD, THE OFFICERS OF THE OLONGAPO CITY GOVERNMENT EMPLOYEES’ MULTI PURPOSE COOPERATIVE FOR THE YEAR 2013

WHEREAS, there is amend to amend BOD Resolution 2013-13 in order to fill up all vacant officers positions in the cooperative;

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

RESOLVE AS IT IS HEREBY RESOLVED TO, to amend, as it hereby amends Resolution No.2013-13 as follows, effective July 1, 2013

Board of Directors:

Edwin J. Piano, Chairperson

Jaime L. Mendoza, Vice Chairperson

Ira Chloemn B. Daylo, Member

Nova N. Codoy, Member

Gerard R. Madarang, Member

Marcelino D. Andawi, Member

Sol E. Solomon, Member

Other Officers:

Julie U. Reyes, Treasurer

Mildred Monje, Secretary

Audit and Inventory Committee:

Carlos Ragudos

Lilia Amor

Redentor Villanueva

Election Committee:

Benjamin Florencio

Esther Rabago

Corazon Fonseca

Education, Training & Membership Committee:

Eric Sanchez

Ellen Rose Tulao

Ramil Wong

Credit and Collection Committee:

Luz Casipong

Joy Cahilig

Jaime Elcano

Conciliation & Mediation Committee:

Jocelyn Niñonuevo

Genia Eclarino

Helson Cañero

Ethics Committee:

Gregorio Elane

Shidar Alop

Virginia Navarro

Business Development Committee:

Neal Perez

Amelia Lacanlale

Marivic Nierras

Computerization Committee:

Jerico Ballon

Emely Levita

Neil Marc Biron

Done this 20^th day of June 2013 at Olongapo City, Philippines.

2013 R - 020 - Allocating One Hundred Thousand Pesos to Pursue the Computer Upgrading

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 20 June 2013 at the OCGEMPC Training Room

Resolution No. 2013 – 020

Allocating One Hundred Thousand Pesos to Pursue

 the Computer Upgrading

WHEREAS, there is a need to upgrade Coop’s computer system to protect it from virus;

WHEREAS,  the Coop shall hire a Computer Specialist for the upgrading.

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 allocate as hereby allocates One Hundred Thousand Pesos (P100,000.00) to pursue the computer upgrading.

Done this 20^th day of June 2013 at Olongapo City, Philippines.

2013 R - 015 - Providing Interest Rate of .5 Percent for Savings Deposit which is 100% higher than other Banks’ Rate

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 15 May 2013 at the OCGEMPC Training Room

Resolution No. 2013 -015

Providing Interest Rate of .5 Percent for Savings Deposit which is 100% higher than other Banks’ Rate

WHEREAS, Art. 7. of Republic Act No. 9520 otherwise known as the Cooperative Code of 2008 states that the primary objective of every cooperative is to help improve the quality of life of its members by providing goods and services to its members to enable them to attain increased income, savings, investments, productivity, purchasing power;

WHEREAS, Art. 6 of the same Code states that the purpose of cooperative is “to encourage thrift and savings mobilization among the members”;

WHEREAS, Section 11 a. of Article VIII on Savings Deposits of OCGEMPC Bylaws states that “Any member, in addition to his share capital investment, may open a savings deposit, the rate of interest of which shall be determined by the Board at the beginning of each fiscal year in no case to exceed the rate prescribed by Central Bank of the Philippines”;

WHEREAS, Director Jaime L. Mendoza moved for an interest rate of .5% for savings deposit which is 100 percent higher than other bank rates;

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 providing interest rate of .5 percent for savings deposit which is 100% higher than other banks’ rate;

RESOLVED FURTHER to conform as it is hereby conformed to Section 11 a. of Article VIII of the Bylaws which states that “Savings deposits not falling below FIVE HUNDRED PESOS (500.00) during any calendar month shall be entitled to interest to be computed quarterly based on the lowest monthly balance outstanding during the period. The interest shall be credited to the depositor’s account, and the same shall earn interest from the date it is credited, at the same rate as savings deposits”.

RESOLVED FINALLY, that savings deposits shall only be entitled to interest if no withdrawal was made during the last month of each quarter.

Done this 15^th day of May 2013 at Olongapo City, Philippines.