Date: !eptember &'" &010 CBB CONSTRUCTION AND SUPPLY CORPORATION represented by: CONRADO B. BAT!TA" #resident and R$A T. BAT$!TA" Dire%tor Address: $nterest Rate: Rate: #re+ailin( rate ,or ,or A DO!R$ Non DO!R$ Br(y. !)*layin" Baler" A)rora a%%o)nts" re+ie/able montly and payable at #N mat)rity. $nd)stry Classi,i%ation!pe%i,i% #ro2e%t 3%onomi% A%ti+ity Code: '4&05 Boo*ed Reser+es ,or ad+ersely Class : Constr)%tion 7eneral 3n(ineerin( Constr)%tion %lassi,ied a%%o)nt9 NA Appro+in( A)tority: Head, RMC-CL A%%o %%o)nt )nt Class lassi, i,i% i%at atio ion: n: $ A%%o %%o)nt )nt Ta((i a((in( n(:: A A oan #)rpose: To ,inan%e /or*in( %apital in%rease in %ost o, %ontra%ts %ontra%ts spe%i,i%ally %ost %ost o, materials and dire%t labor9 ,or te %onstr)%tion b)siness. Transact!n Pr!"!sed# Allo/ implementation o, appro+ed CA; 10-100 dated <)ly 15" &010 pendin( s)bmission o, borro/er’s #CAB li%ense li%ense in te name o, CBB Constr)%tion and !)pply Corporation. De+elopmental
Commer%ial
$%st&cat!n# Te #CAB li%ense li%ense is still ,or release by te O,,i%e o, te #ilippine Contra%tor’s A%%reditation Board" o/e+er said o,,i%e a%*no/led(ed te ,ilin( o, borro/er’s #CAB li%ense in a letter dated !eptember 1=" &010 )nder Re,eren%e No. CB!-10-0>-001. CB!-10-0>-001.
iabilit y
Appro+ed ine
#resent O)tstandin(
$nitial
!e%)rity !)pport
Code R
# 1"800"000
#1"6=>"101
No ine
R?7
1. Re(istered T Tird #a #arty R3 R3? ,o ,or #1 #1.800? o+ o+er la land an and im impro+ements" Re(istry o, Deeds o, te #ro+in%e o, A)rora" %o+ered by TCT; T->8'6 re(istered in te name o, Conrado Ba)tista married to 3melita Te. &. $ns)ran%e $ns)ran%e %o+era(e %o+era(e on all ins)rable assets assets based based on so)nd +al)e" pla%ed pla%ed and endorsed in ,a+or o, DB#. 5. A d)ly d)ly notari@ notari@ed ed A,,i A,,ida+ da+it it o, Consent Consent to ?ort( ?ort(a(e a(e by te ma2orit ma2ority y bene,i%iaries bene,i%iaries o, le(al a(e9 o, te ,amily ome ere%ted on te mort(a(ed property. '. A,,ida+ A,,ida+it it o, Con,ormit Con,ormityCo yConsent nsent ,rom te a%%ommoda a%%ommodation tion mort(a(ors mort(a(ors to o,, o,,er te te prop proper erty ty %o+e %o+ere red d by TCT TCT No. T->8 T->8'6 '6 in%l in%l)d )din in( ( all all impro+ements tereon as se%)rity ,or te loan o, CBB Constr)%tion and !)pply Corporation. 4. <!! o, !ps. !ps. Conrardo Conrardo B. Ba)tista Ba)tista and 3melita Ba)tista. Ba)tista.
ine 3pired
No or/ard Contra%t
Oters
Credit $n,ormationRemar*s: #3A!3 R33R TO ANN3 A9 #lan to Re()lari@e te Transa%tion: NA $nitiatin( DepartmentR?C: BalerR?C-Central BalerR?C-Central )@on
A%%o)nt O,,i%er: RODEL M' GUSILATAR
SOURCE OF FUNDS (if applicable) (Fund Sourcing shall sign off if funded by ODA and other foreign funds while PD Head shall sign off on all developmental developmental projects N/A
N/A
Head! Program Development
Head! Fund Sourcing
RMC-CL CREDIT COMMITTEE:
MGR. REMELYN P. PAGARIGAN Member
SECTOR HEAD
RMC HEAD:
SM EDUARDO M. TIMBOL ALCANTARA Member
MGR. MERLINDA V. Chairman
CRECOM SECRETARIAT
SAVP HERMINIO C. CATAHAN, JR. Head, RMC-CL
Crecom Resolutio No! """"""""" #ate# """"""""""
Passed for Board Consideration Approved
Denied
Noted
President/CEO
COO
CreCom
With instruction
Complied _________________________________ Authorized Authorized Sinature Sinature Over Printed Printed Name/D Name/Date ate
AM IRMA S! $A&ITON Authorized Sinature over Printed Name/Date
- Annex A Offering Ticket – CBB Construction and u!!"# Cor!oration B#$ Conrado B% Bautista, &resident and Ria T% Bautista, 'irector ---------------------------------------------------------------------------------------------------------------------------------------Securit Su!!"rt: E#i$ti%&$ TCT N".
T-()*+
Re&i$tere' O(%er Conrado Bautista married to me"ita Teh
Are) * $+. .
,.(/ s0%m%
L"c)ti"%
uk"a#in, Ba"er, Aurora
A!!r)i$) ')te' J)%u)r /0, /121 & .,12/,233%33
Cre'it I%3"r)ti"%4Re)r5$: % 4n A!ri" ((*, the Bank granted a &1335 credit "ine in fa6or of s!ouses Conrado and me"ita Bautista unti" it 7as increased to &%)33M in /33+ and rene7ed in the same amount #ear"# thereafter% /% 'ue to his o"d age, Mr% Bautista decided to con6ert his com!an# *CBB C"%$tructi"% from sing"e !ro!rietorshi! business to a fami"# cor!oration *CBB C"%$tructi"% )%' Su!! C"r!"r)ti"% 7here he 7as e"ected !resident% .% Mr% Bautista submitted the C Registration Certificate and negotiated to transfer their "oan ob"igation in the name of the cor!oration 7hich the Bank fa6orab"# a!!ro6ed on A!ri" /2, /33(% &rior to "oan rene7a" in 8u"# /33, the branch re0uired the submission of &CAB "icense in the name of the cor!oration 7hich sub9ect fai"ed to submit as of this time% *% To a6oid further de"a# in the !rocessing of the "ine rene7a", the Bank reinstated and a!!ro6ed on e!tember (, /33 the 1 th rene7a" of borro7er:s credit "ine !er CA ;o% 333 dated 8u"# ., /33 sub9ect to submission of documentar# re0uirements, !rior to im!"ementation, 7hich inc"ude &CAB "icense, among others% 1% &ending !rocessing<a!!ro6a" of borro7er:s &CAB "icense in the name of the cor!oration, Mr% 'exter Bautista, Cor!orate Treasurer, submitted a "etter from the Office of the &hi"i!!ine Contractor:s Accreditation Board dated e!tember 2, /33 ackno7"edging their re0uest for &CAB "icense and change of business name from CBB Construction to CBB Construction and u!!"# Cor!oration !er Reference ;o% CB-33(-33% +% To a6oid further accumu"ation of !ena"t# charges and to !ut the account in current status, 7e recommend the im!"ementation of the account based on the ackno7"edgement "etter of &CAB dated e!tember 2, /33%