AN ORDINANCE DECLARING THE LOTS OWNED BY MR. ALLAN H. SERINO AND MS. EVANGELINE A. SERINO, LOCATED AT ZONE 9, CARINUGAN, MACANHAN, BARANGAY CARMEN, THIS CITY, AS ON-SITE RESETTLEMENT AREA OF THE CITY; APPROPRIATING THE SUM OF P289,288.00 FROM THE ITEM “LAND ACQUISITION/EXPROPRIATION” IN THE 2005 ANNUAL BUDGET TO BE MADE AVAILABLE FOR THE FULL PAYMENT OF JUST COMPENSATION INCLUDING REGISTRATION AND DOCUMENTATION EXPENSES THEREOF; AND FOR THIS PURPOSE, AUTHORIZING THE CITY MAYOR TO SIGN THE CORRESPONDING DEED OF ABSOLUTE SALE THEREOF