ADOPTING THE PROPOSED FEES AND CHARGES FOR ILOILO FISH PORT COMPLEX

WHEREAS, after the conduct of consultation meetings with the private
sector, IFPC management proposed the adoption of vehicle pass system
rates, parking fee for three-wheeler vehicles, and new market rates to
generate more revenues and systematize operations within the complex;

WHEREAS, in a memorandum dated 23 September 1999, the Assistant
General Manager favorably endorsed the recommendation of the Operations
Management Department for the approval of the said IFPC fees and
charges;

WHEREAS, the Executive Committee considers this recommendation reasonable and acceptable under the circumstances.

NOW, THEREFORE, BE IT RESOLVED as it is hereby resolved upon motion
duly seconded that this body approve and confirm as it is hereby
approves and confirms the following fees and charges at the Iloilo Fish
Port Complex;

TYPE OF FEE	RATE
Vehicle Pass System Rates:
Category A	P200.00/year/vehicle
(Vehicles owned by companies that are regular IFPC clients)
Category B	75.00/year/vehicle
(Light & medium type of privately-owned vehicles of employees of companies that are regular IFPC clients and locators)
Parking Fee for Three-Wheeler Vehicles	3.00/day
Market Rates:
Buyer-Sellers	800.00/year
Fish Viajeros	300.00/year
Batillos	200.00/year
Fish Haulers	200.00/year
Push Cart Helpers	100.00/year
Registration of Push Carts	50.00/year
Fish Traders Fee	1.00/tub

Unanimously approved.

Adopted: 27 Sept. 1999

(SGD.) MA. LUISA B. SORIANO
Corporate Board Secretary