Ordinance 10154-2006

AN ORDINANCE appropriating the sum of P200,000.00 from the item “Land Acquisition/Expropriation” in the 2006 Annual Budget to be made available for the fourth partial payment of the claim for just compensation of the lot owned by Malferrari Corporation, with an appraised value of P3,739758.00 including registration and documentation expenses, which was affected by the road opening of Rivera Street Extension from Corrales Avenue to Capt. Vicente Roa Street, 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: May 08, 2006

Summary

Fourth partial payment of the claim for just compensation

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