RATIFYING THE CONTRACT OF LEASE ENTERED INTO ON NOVEMEBR 10, 2023 BY AND BETWEEN THE LOCAL GOVERNMENT UNIT OF BULALACAO, ORIENTAL MINDORO REPRESENTED BY HONORABLE ERNILO C. VILLAS, MUNICIPAL MAYOR WITH MENANDRO D. FABILA GRANTING THE FORMER THE RIGHTS TO USE AND DEVELOP THE WATER SPRING OWNED BY THE LATTER SITUATED AT SITIO CORO-CORO, BARANGAY SAN FRANCISCO THAT SERVES AS SOURCE OF POTABLE WATER FOR THAT BARANGAY IN CONSIDERATION OF THE MONTHLY RENTAL FEE OF TWO THOUSAND FIVE HUNDRED PESOS (PHP 2,500.00) STARTING FROM OCTOBER 01, 2023 UP TP JUNE 30, 2025

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