Ordinance 12428-2012

AN ORDINANCE AUTHORIZING Honorable City Mayor Vicente Y. Emano to purchase the property of Mr. Virgilio Ozoa with an area of 6.9222 hectares, more or less, located at Barangay Balubal for resettlement/relocation site of typhoon sendong victims and other qualified beneficiaries of the city’s socialized housing program; and for this purpose, appropriating the sum of P12,500,000.00, from the “Trust Fund: Donations” to be made available for the payment of just compensation including documentation and registration expenses thereof, and further authorizing THE CITY MAYOR TO SIGN THE DEED OF ABSOLUTE SALE therefor

LGU: Cagayan de Oro City (City)
Topic: Finance, Budget and Appropriations
Committee: N/A
Status: Approved
Filed: September 11, 2012

Summary

Appropriation

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