Professional Documents
Culture Documents
-and-
WITNESSETH THAT:
WHEREAS, the Fisheries Coastal Resources and Livelihood (FishCORAL) Project with
assistance from the International Fund for Agricultural Development (IFAD) will address
key issues that contribute to the high incidence of poverty among fishermen through
sustainable management of the coastal and fisheries resources and implementation of
community-based enterprises;
WHEREAS, the Department of Agriculture (DA) is the Project Executing Agency with the
Bureau of Fisheries and Aquatic Resources (BFAR) as the Lead Implementing Agency and
the MAFAR-BARMM will be responsible for the Project implementation in its jurisdiction;
WHEREAS, the eight member municipalities hereby consider the existence of Sulu Sea as a
single Bay and a single resource system to facilitate integrated and coordinated coastal
resource management of the municipal waters.
NOW THEREFORE, for and in consideration of the foregoing premises herein set forth, the
parties hereto have agreed and do hereby agree as follows:
1. Provide funds for the construction of the BMMB and procurement of support
equipment such as air conditioning unit, filing cabinet, tables, and chairs.
1. Be the main management body responsible for the utilization of the BMMB.
As stated in the Project Implementation Manual:
The Project will provide each bay with a BMC, and a Bay Management and
Multi-Purpose Building (BMMPB): a two-story concrete building. The ground
floor will be a learning center with IEC materials about the bay resources and
its programs, while the second level will house the office of the BMC and
IFARMC with a meeting area.
2. Ensure the utilization of BMMB as the physical office of the Council, and
4. Provide Annual BMMB Operation and Management Plan, Financial Plan, and
Accomplishment Plan to MAFAR, submitted within the first quarter of each
year.
That any amendments to this agreement shall be in writing and signed by each of
the parties hereto.
This Memorandum of Agreement shall take effect upon signing herein and shall
remain in force, unless otherwise earlier modified or amended by mutual consent of both
parties.
It shall continue to be binding and obligatory upon the parties mentioned herein,
but it may be terminated upon mutual consent of both parties through a written notice
furnished for at least sixty days (60) before the specified date of termination.
BEFORE ME, a Notary Public, for and in __________________, personally appeared the following
persons:
KNOWN TO ME the same persons who executed this instrument consisting the three (3)
pages, including this acknowledgement, and acknowledged to me the same is executed
freely and voluntarily.