AN ORDINANCE APPROVING THE APPLICATION OF THE CEBU LANDMASTERS, INC., REPRESENTED BY ITS EXECUTIVE VP AND COO, MR. JOSE FRANCO SOBERANO, FOR DEVELOPMENT PERMIT (DP) OF VELMIRO UPTOWN-CDO SUBDIVISION PROJECT, WITH AN AREA OF 143,452.00 SQUARE METERS, CONTAINING 396 LOTS/UNITS, LOCATED IN BARANGAY CANITOAN, THIS CITY, SUBJECT TO THE HEREIN CONDITIONS AS RECOMMENDED BY THE CITY ENGINEER’S OFFICE AND THE CITY PLANNING AND DEVELOPMENT OFFICE