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 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 SECOND PARTIAL PAYMENT OF THE CLAIM FOR JUST COMPENSATION OF THE LOT OWNED BY THE CAGAYAN DE ORO ELECTRIC POWER AND LIGHT COMPANY, INC. (CEPALCO), WITH AN APPRAISED VALUE OF P2,204,678.00 INCLUDING REGISTRATION AND DOCUMENTATION EXPENSES, WHICH WAS AFFECTED BY THE PROPOSED ROAD OPENING FROM JULIO PACANA ST., PASSING CEPALCO COMPOUND TO CORRALES EXTENSION, THIS CITY; AND FOR THIS PURPOSE, AUTHORIZING THE HONORABLE CITY MAYOR TO SIGN THE CORRESPONDING DEED OF ABSOLUTE SALE THEREOF OWNED BY THE CAGAYAN DE ORO ELECTRIC POWER AND LIGHT COMPANY, INC. (CEPALCO), WITH AN APPRAISED VALUE OF P2,204,678.00 INCLUDING REGISTRATION AND DOCUMENTATION EXPENSES, WHICH WAS AFFECTED BY THE PROPOSED ROAD OPENING FROM JULIO PACANA ST., PASSING CEPALCO COMPOUND TO CORRALES EXTENSION, THIS CITY; AND FOR THIS PURPOSE, AUTHORIZING THE HONORABLE CITY MAYOR TO SIGN THE CORRESPONDING DEED OF ABSOLUTE SALE THEREOF