AUTHORIZING THE MUNICIPAL MAYOR TO REPRESENT THE LOCAL GOVERNMENT UNIT OF BULALACAO, ORIENTAL MINDORO TO ENTER INTO A MEMORANDUM OF AGREEMENT WITH MR. SIMEON A. EVORA FOR THE RENTAL OF A PARCEL OF LAN CONTAINING AN AREA OF ONE (1) HECTARE INCLUDING THE WATER SPRING THEREIN SITUATED IN SITIO ODIONG, BARANGAY CAMPAASAN, THIS MUNICIPALITY OWNED BY THE LATTER WHICH SHALL SERVE AS THE WATER SOURCE FOR BARANGAYS CAMPAASAN AND POBLACION IN CONSIDERATION OF A MONTHLY RENTAL FEE OF THREE THOUSAND PESOS (PHP300,000.00) AND SUCH OTHER TERMS AND CONDITIONS THAT MAY BE AGREED UPON BY BOTH PARTIES

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