Ordinance 10035-2006

AN ORDINANCE appropriating the sum of P500,000.00 from the item “Land Acquisition/Expropriation” in the 2006 Annual Budget to be made available for the second partial payment of the claim for just compensation including registration and documentation expenses of the lots owned by Ms. Rosalinda Picardal Caragos, with an appraised value including registration and documentation expenses of P979,362.00, which were affected by the proposed South Diversion Road and PCDG Bridge, Barangay Indahag, this city; and for this purpose, authorizing the Honorable City Mayor to sign the Deed of Absolute Sale thereof

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 27, 2006

Summary

Second partial payment of the claim for just compensation including registration and documentation expenses

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