The taxpayers are divided into four clusters to include 10 manufacturers, 10 financial institutions 22 wholesalers, retailers and distributors and 15 services providers.
Almanzor said the criteria focused specifically on prompt payment of taxes and no deliquency either on real property tax or business tax per record from Tax Revenue Assessment and Collection System (TRACS).
The City Treasurer's Office is encouraging other business establishments and institutions to pay their taxes religiously and promptly, Almnazor added.
In a simple awarding ceremony over the weekend, City Mayor Lawrence Lluch Cruz urged Iliganons, particularly the business sectors and the rest of tax payers, to work hand in hand in bolstering Iligan's economy. "With one hope, one dream and one voice, Iligan City can succeed more economically," Mayor Cruz added.
Cruz said Iligan City is facing lots of development opportunities. The City Government has just received the Land Bank of the Philippines' loan package approval of P500 million project, which will respond for sustainable, potable water supply for the next 15 years.
With the ongoing site development of Laguindingan International Airport in Laguindingan, Misamis Oriental which is only 60 kilometers from Iligan City and 20 kilometers to Cagayan de Oro City, more foreign investors will be interested to invest in the city thus giving more job opportunity for the people living nearby.
Mayor Cruz also announced the opening of C3 road network which will be opened in the interior part of Iligan. This will traverse from Linamon, Lanao del Norte to Santa Filomena, Iligan City to give farmers more easy access in bringing their agricultural products to the city and other areas as well, and will have an equal opportunity to compete in the market.
Through active efforts of the Regional Development Council Northern Mindanao, the proposed Panguil Bay bridge will connect Lanao del Norte to Misamis Occidental and Zamboanga Penninsula which will shortened the travel time and save transport cost for travelers and businessmen.
Eventually, the Mainland Mindanao is the best opportunity to invest due to sustainable power and stable peace and order, Mayor Cruz said.
The recognition and awarding ceremony of outstanding taxpayers formed part of the recently concluded Iligan Charter Day celebration.
