ORDINANCE No. 8057
AN ORDINANCE GRANTING FURTHER TAX INCENTIVES AS TO OWNERS OR LESSEES OF BUILDINGS/STRUCTURES LOCATED ALONG AND/OR WITHIN QUEZON BOULEVARD, QUIAPO AREA, STA CRUZ INCLUDING RIZAL AVENUE UP TO THE CITY LIMITS, ESCOLTA AND SAN NICOLAS AREA ON PAYMENT OF ADDITIONAL REALTY TAX ON IMPROVEMENTS OCCASIONED BY MAJOR REPAIRS, REHABILITATION OR RECONSTRUCTION OF EXISTING BUILDINGS/STRUCTURES FOR A PERIOD OF FIVE (5) YEARS, UNDER CERTAIN TERMS AND CONDITIONS, AND FOR OTHER PURPOSES.