The Film Academy of the Philippines received last Friday, Nov.25, the P1 million allocation from the PDAF of Sen. Francis ‘Kiko’ N. Pangilinan through the Quezon City government.
The QC government turned over to the Academy a Landbank check for P1 million dated Nov. 21, 2011 as allocation from the senator’s Priority Development Assistance Fund.
The release of the check was facilitated by the signing of a memorandum of agreement among Sen. Pangilinan, Mayor Herbert M. Bautista and FAP Director General Leo G. Martinez dated Nov. 3, 2011.
In the MOA, the Academy, as the third party, is obligated to utilize the funds for its scholarship program dubbed Film-Gym where filmmakers will be able to learn and enhance their craft.
The assistance to FAP and four other institutions promoting youth development and strengthening the film and music industry was covered by SARO No. G-10-07450 dated Nov. 10, 2010 (valid for obligation until Dec. 31, 2011.
The other beneficiaries were the Organisasyon ng mga Pilipinong Mang-aawit (OPM), P1 M; MOWELFUND Inc., P1 M; National Movement of Young Legislators (NMYL), P1 M; and the Philippine Center of Young Leaders in Governance (PCYL), P2 M.
The senator has authorized his chief of staff, Zenen Renan B. Dalisay, to sign documents pertaining to the programs and projects, including the MOA.
During the 29th Luna Awards of the Academy last July 10 at the Quezon City Sports Club, Inc., the FAP recognized the laudable efforts in helping the Academy of Sen. Pangilinan, together with Quezon City Mayor Bautista and Makati City Mayor Jejomar Erwin S. Binay by presenting them with plaques of appreciation.
The two Metro Manila mayors sustained their immediate predecessors’ efforts to provide the Academy remittance of its 20 percent share in the 25-centavo cultural development tax collected from cinema admission tickets in Quezon City and Makati City retroactive to 1992.
The remittances, like the PDAF allocation of Sen Pangilinan, came at the most opportune time in view of the drastic cut of the FAP’s share from the annual Metropolitan Manila Film Festival amusement tax rebate.
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