SECTION 1. Section seven of Republic Act Numbered Two thousand six hundred eighty-eight, otherwise known as the Charter of the City of Toledo, is amended to read as follows:
"SEC. 7. The Mayor.&mdashThe Mayor shall be the chief executive of the city. He shall be elected at large by the qualification voters of the city. No person shall be eligible for the position of Mayor unless at the time of the election he is at least twenty-five years of age, a resident of the city for at least two years prior to his election, and a qualified voter therein. He shall hold office for four years, unless sooner removed, and shall receive a salary of eight thousand four hundred pesos per annum. The Municipal Board may appropriate such sum of money as may be necessary for the house allowance of the Mayor, not to exceed two hundred pesos monthly, or commute the same in addition to his salary."