SUBIC BAY METROPOLITAN AUTHORITY
OFFICE OF THE BOARD SECRETARIAT
Rm. 113. Bldg. 229, Waterfront Rd, SubIc Bay Freeport Zone. Philippines 2222
Tel 047.252.4172 /4173/ 4174 E-mail: corsec@sbma,com Fax 047.252.4170 ==
Certification No. 13-150
Series of 2013
MEMORANDUM
Subject : AMENDMENT OF RESOLUTION NO. 11-07-4009
This certifies that:
The records of the Office of the Board Secretariat show that during the
Two Hundred Forty Fourth (244") Meeting of the Board of Directors of the
Subic Bay Metropolitan Authority held last 19 July 2013 wherein there was
@ quorum to validly transact business, the following resolution was
approved:
Resolution No. 13-07-4804
"RESOLVE, as it is hereby resolved, to amend, as.
the Board hereby amends Resolution No. 11-07-4009 to
state that risk assessments shall be made as a standard
requirement for submission of business proposals,
instead of requiring the same prior to a company's start
of business operations.”
Issued this 8" day of August 2013.
REL ii cadet
Secretary for the Meeting