Ordinance 10238-2006

AN ORDINANCE appropriating the sum of P1,442,000.00 from the item “Land Acquisition/Expropriation” in the 2006 Annual Budget to be made available for the second partial payment of the claim for just compensation of the lot owned by Mr. Manuel P. Engwa, with an appraised value of P3,882,513.60 including registration and documentation expenses, which was affected by the South Diversion Road and PCDG Bridge project, this City; and for this purpose, authorizing the City Mayor to sign the Deed of Absolute Sale thereof

LGU: Cagayan de Oro City (City)
Topic: Finance, Budget and Appropriations
Committee: Finance, Budget & Appropriations [2016-2019] Finance, Budget & Appropriations [2019-2022]
Status: Approved
Filed: July 24, 2006

Summary

Second partial payment of the claim for just compensation

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