Municipal Ordinance No. 021-2023 An Ordinance: (1) Confirming The Authority Of The Municipal Mayor To Negotiate, Conclude, And Obtain, A Loan With The Development Bank Of The Philippines (dbp) And Enter Into, Sign, Execute And Deliver The Term Loan Agreement, Assign Of Deposit With Hold-out And Control Agreement (assignment Of Ira, Revenues And Other Income), Deed Of Undertaking, Authority To Debit, Promissory Note/s, Other Collateral Agreement/s, And Other Document/s Related Thereto; (2) Approving And Retifying The Terms And Conditions Of The Dbp Loan Under The Term Loan Agreement, Assignment Of Deposit With Hold-out And Control Agreement, Deed Of Undertaking, Authority To Debit, Promissory Note/s, Other Collateral Agreement/s, And Other Document/s Related Thereto Entered Into , Signed And Executed Between The Municipal Government Of Daraga And The Development Bank Of The Philippines (dbp); And (3) Authorizing The Incumbent Municipal Mayor To Sign The Promissory Note/s, Disclosure Statement/s And Other Document/s Required To Be Signed For And In Behalf Of The Municipality Daraga For The Full Implementation Of The Dbp Loan.