Professional Documents
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CITY OF
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Daily
Daily
3. That these amounts of funds shall be accessed from the following sources in the
next two years:
AMOUNT
YEAR 1
YEAR 2
Inabanga Parish Catholic
Church Reconstruction
P5,000,000
P5,000,000
4. That on October 15, 2013, a 7.2 magnitude earthquake hit Bohol which caused
destruction of St. Paul the Apostle Parish Catholic Church (the Church) with only the
faade and the back remained standing. Consequently, a group of parishioners headed by
the Parish Priest organized the Company with the primary purpose of reconstructing the
Church.
5. That the Company being a non-stock, not-for-profit organization is tax-exempt under Sec.
30 (E) of the National Internal Revenue Code. As such, all of its revenue and assets
actually, directly and exclusively for religious and charitable purposes are exempt from
taxes and duties. Also, all grants, endowments, donations or contributions used for
religious and charitable purposes are exempt from tax.
IN WITNESS WHEREOF, I have hereunto affixed my signature this 18th day of October,
2015 in Poblacion, Inabanga, Bohol.
Rev. Fr. Dale Del Rosario Duallo
Affiant
SUBSCRIBED AND SWORN TO before me this day of ______________ at
_____________. Affiant exhibited to me his _____ issued at _____ on _________________.
NOTARY PUBLIC
Doc No.
Page No.
Book No.
Series of 2015