February 24th of every year is a special non-working holiday in the City of Cebu, known as Cebu City Charter Day, in commemoration of its foundation anniversary.
This holiday became law under Republic Act 7287 in March 1992.
It was on February 24th 1937, when the City of Cebu was born by virtue of Commonwealth Act No.58. The then Municipality of Cebu which was under the Cebu Provincial Government became an independent Chartered City known as "Cebu City".
The then municipality of Cebu who was under the Cebu Provincial Government became an independent Chartered City known as “Cebu City” which was inaugurated as the third city of the Philippines, after Manila in 1571 and Baguio in 1909.