RATIFYING MEMORANDUM OF AGREEMENT ANTERED INTO ON OCTOBER 14, 2020 BY AND BETWEEN THE LOCAL GOVERNMENT UNIT OF BULALACAO, ORIENTAL MINDORO WITH MRS. CARMELINA F. MAGADA REPRESENTED BY MRS. EMELITA F. PIANA FOR THE RENTAL OF A PARCEL OF LAND CONTAINING AN AREA OF FIVE THOUSAND SQUARE METERS (1/2 HAS.) INCLUDING THE WATER SPRING THEREIN SITUATED IN BARANGAY SAN FRANCISCO IN CONSIDERATION OF A MONTHLY RENTAL FEE OF TWO THOUSAND FIVE HUNDRED PESOS (PHP2,500.00) AND SUCH OTHER TERMS AND CONDITIONS THAT MAY BE AGREED UPON BY BOTH PARTIES

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