AN ORDINANCE AUTHORIZING THE CITY TREASURER TO APPLY AS TAX CREDIT OR PAYMENT OF REAL PROPERTY TAXES DUE TO JEJOR’S CONSTRUCTION CORPORATION AND JEJOR’S ENTERPRISES, INC. THE AMOUNT OF P3,490,600.00 AS JUST COMPENSATION OF THE LOT ACQUIRED BY THE CITY FOR SOCIALIZED HOUSING AND RESETTLEMENT PROJECT LOCATED IN BARANGAY MACASANDIG, THIS CITY, WITH AN AREA OF 17,453 SQUARE METERS AT P200.00/SQUARE METER