AN ORDINANCE APPROVING THE PRELIMINARY SUBDIVISION DEVELOPMENT PLAN (PSDP) OF RESIDENTIAL CONDOMINIUM DEVELOPMENT PROJECT, LOCATED IN BARANGAY CARMEN, THIS CITY, WITH AN AREA OF 50,003 SQUARE METERS, CONTAINING 2,610 UNITS (UNDER PD 957), AS APPLIED FOR BY THE SM DEVELOPMENT CORPORATION, REPRESENTED BY ITS ASSISTANT PROJECT DEVELOPMENT MANAGER MARES MAE C. NUERA, SUBJECT TO THE CONDITIONS IMPOSED BY THE CITY ENGINEERING OFFICE, CITY HOUSING AND URBAN DEVELOPMENT DEPARTMENT AND THE CITY HOUSING BOARD