Republic of the Philippines

Province of Misamis Oriental

LOCAL GOVERNMENT UNIT
CITY OF EL SALVADOR

CITY TREASURY OFFICE

citytreasury@elsalvadorcity.gov.ph

Annex B
Certification of Local Treasurer on Existing/Absence of Loans

CERTIFICATION

This is to certify that the LOCAL GOVERNMENT UNIT -CITY OF EL SALVADOR has existing
loan/s, as follows:

Type Amount Tenor (3 OSB as of

Financing Date Date of Interest
of Purpose (in Million of years 30 April
Institution Availed Maturity Rate
Loan Pesos) to pay) 2023
LAND BANK Term Construction P152.00 M Various 09/22/2032 5.00% per Up to 15 P110.94 M
OF THE Loan 1 of City annum years
PHILIPPINES Gymnasium subject to
Term Construction P228.00 M Various 01/05/2033 annual P170.93 M
Loan 2 of repricing
Government
Center
Term Construction P100.00 M Various 12/16/2033 P82.22 M
Loan 3 of City
College
Term Acquisition P10.82 M Various 02/22/2029 4.00% Up to 7 P8.58 M
Loan 5 of various fixed up to years
school December
facilities and 2022
equipment (tagged
Term Construction P20.00 M Various 10/20/2036 under Rise Up to 15 P19.99 M
 Republic of the Philippines
Province of Misamis Oriental
LOCAL GOVERNMENT UNIT
CITY OF EL SALVADOR

CITY TREASURY OFFICE

citytreasury@elsalvadorcity.gov.ph

Loan 6 of City Up years

College Program)
Building
(Phase 2)

Attached is the amortization schedule/s for reference.

This certification is issued in the support of the request of the City of El Salvador, for the
issuance of the Certificate of Net Debt Service Ceiling and Borrowing Capacity from the Bureau
of Local Government Finance.

Done this 2nd day of June 2023, at El Salvador City, Philippines

ELISA R.
TAN
City Treasurer