Ordinance 10083-2006

AN ORDINANCE appropriating the sum of P1,513,415.00 from the item “Land Acquisition/Expropriation” in the 2006 Annual Budget to be made available for the second and full payment of the claim for just compensation of the lot owned by Mr. Levi B. Frias, et.al., with an appraised value of P2,513,415.00 including registration and documentation expenses, which was affected by the proposed 10.00-meter wide road opening at Western Kolambog, Lapasan, this city; for this purpose; authorizing the Honorable City Mayor to sign the Deed of Absolute Sale thereof; and repealing Ordinance No. 7640-2001

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: March 27, 2006

Summary

Second and full payment of the claim for just compensation

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