Daily Tribune (February 13, 2016)
""AN ORDINANCE AUTHORIZING THE EXPORPRIATION OF THAT PARCEL OF LAND WITH AN AREA OF 3,569.6 SQUARE METERS, MORE OR LESS, OWNED BY A.V. R, BROKERAGE CORP., AND COVERED BY TCT NO. 92268 SITUATED AT VILLAFOJAS ST., GAGALANGIN, TONDO, MANILA, FOR AWARD TO QUALIFIED ACTUAL AND BONA FIDE TENANTS, OR OCCUPANTS THEREAT, APPROPRIATING THE AMOUNT OF FIVE MILLION PESOS (PHP 5,000,000.00), OR SO MUCH THEREOF AS MAY BE NECESSARY, SUBJECT TO AVAILABILITY OF FUNDS AS CERTIFIED TO BY THE CITY TREASURER: PROVIDED, HOWEVER, THAT THE AMOUNT EQUIVALENT TO FIFTEEN PERCENT (15%) OF THE ZONAL VALUATION OF THE PROPERTY, IS HEREBY SET ASIDE FROM THE LUMP SUMP APPROPRIATION OF FIFTY MILLION PESOS (PHP 50,000,000.00) FOR THE ACQUISITION OF LANDED ESTATES (LAND-FOR-THELANDLESS PROGRAM OF THE CITY OF MANILA) AS PROVIDED FOR IN THE EXECUTIVE BUDGET."SECTION 2. Section 1 thereof is hereby amended, by subsituting therein Transfer Certificate of Title No. 32268 with Transfer Certificate of Title No. 92268, which shall read as follows:
SECTION 1. The expropriation of that certain parcel of land, with an area of 3,569.6 Square Meters, more or less, owned by A.V. R. Brokerage Corp., and covered by Transfer Certificate of Title No. 92268, situated at Villafojas, Gagalangin, Tondo, Manila fro award to qualified actual and bona fide tenants, or occupants thereat, at cost, under the Land-for-the-Landless Program of the City of Manila is hereby authorized.SEC. 3. Effectivity Clause. – This Ordinance shall take effect upon its approval.
PRESIDED BY: | |
(Sgd.) ROLANDO M. VALERIANO Acting Presiding Officer City Council, Manila | |
ATTESTED: | |
(Sgd.) LUCH R. GEMPIS, JR. City Government Department Head III (Secretary to the City Council) |
(Sgd.) JOSEPH EJERCITO ESTRADA Mayor City of Manila | |
ATTESTED: | |
(Sgd.) EDWARD S. SERAPIO City Government Department Head III (Secretary to the Mayor) |