Ordinance 9088-2004

An ordinance amending Ordinance No. 8383-2002, “appropriating the sum of P3,480,045.00 from any available sources of funds as certified to by the City Treasurer and the City Accountant to be made available for the payment of just compensation including registration expenses of the lot owned by Ms. Araceli R. Pascual consisting 2,806 square meters, which was affected by the south diversion road; provided, that the actual payments thereof shall be subject to the availability of funds and on staggered basis; and for this purpose, authorizing the City Mayor to sign the Deed of Absolute Sale thereof”, so as to change the area affected and amount to be paid from “2,806 square meters” to “2,772 square meters” and “P3,480,045.00 to P3,417,448.80”, respectively

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: February 16, 2004

Summary

Payment of just compensation including registration expenses of the lot

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