AN ORDINANCE APPROPRIATING THE SUM OF P300,000.00 FROM THE ITEM “LAND ACQUISITION/EXPROPRIATION” IN THE 2005 ANNUAL BUDGET TO BE MADE AVAILABLE FOR THE PARTIAL PAYMENT OF THE CLAIM FOR JUST COMPENSATION OF THE LOT OWNED BY THE CAGAYAN ELECTRIC POWER & LIGHT CO., INC. (CEPALCO), WITH AN APPRAISED VALUE OF P702,800.00 WHICH WAS AFFECTED BY THE PROPOSED ROAD OPENING FROM JULIO PACANA ST. TO CORRALES ST. EXTENSION, THIS CITY; AND FOR THIS PURPOSE, AUTHORIZING THE CITY MAYOR TO SIGN THE DEED OF ABSOLUTE SALE THEREOF