Ordinance No. 031-2012, Page 4
transferred for a consideration to the Provincial Government of La Union who has the first option, or a new franchise/ operator. The basis of the consideration shall be the prevailing market value of the assets, equipment, contracts and properties at the time of the transfer.
Section 11. Separability Clause. If, for any reason, any section or provision of this ordinance is declared unconstitutional, or inconsistent with any national law, other sections or provisions thereof, which are not affected thereby, shall continue to be in full force and effect
Section 12. Repealing Clause. All ordinances, resolutions, rules and regulations, or parts thereof, in conflict with, or inconsistent with any provisions of this Ordinance are hereby repealed or modified accordingly.
SECTION 13. Effectivity Clause - This Ordinance shall take effect immediately after the required Posting in the Province of La Union and the required Publication in a newspaper of general circulation in the Province of La Union.
APPROVED.
I HEREBY CERTIFY to the correctness of the foregoing resolution.
CARIDAD J. VILUAN
Secretary to the Sanggunian
ATTESTED:
AUREO AUGUSTO Q. NISCE
Vice-Govemor
FRANCISCO "KIT" C. ORTEGA, JR.
Sangguniang Panlalawigan Member
JOSE MARIA PEPE" C. ORTEGA
Sangguniang Panlalawigan Member
JOAQUIN C. OSTREA, JR.
Sangguniang Panlalawigan Member
REYNALDO M MOSUELA
Sangguniang Panlalawigan Member
ROLANDO V. RIVERA
Sangguniang Panlalawigan Member
ROBERT BADARANG, JR.
Sangguniang Panlalawigan Member
RUPERTO. RILLERA JR.
Sangguniang Panlalawigan Member
ALFREDORABLO R. ORTEGA
Sangguniang Panlalawigan Member
VICTORIA L. ARAGON
Sangguniang Panlalawigan Member
APPROVED:
MANUEL C. ORTEGA Governor