Ordinance 13323-2017

An Ordinance appropriating the sum of P23,760,740.20 from the item: “Non-Office: Land Acquisition/Expropriation” in the 2017 Annual Budget to be made available for the full payment of the claim for just compensation (P23,134,600.00) and for the registration and documentation expenses (P626,140.20) of Lot Nos. 3161-A&C and creeks with an area of 130,166 square meters located in Barangays Canitoan and Pagatpat, Cagayan de Oro City, and owned by Sps. Celestino Mercado & Martina D. Mercado, to be used for Resettlement Site; and for this purpose, authorizing the Honorable 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 [2019-2022]
Status: Approved
Filed: November 06, 2017

Summary

FULL PAYMENT OF THE CLAIM FOR JUST COMPENSATION

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