AN ORDINANCE APPROPRIATING THE SUM OF P795,828.00 FROM THE ALLOTMENT BALANCE OF THE “1997 LAND EXPROPRIATION” (ACCOUNT 8-93-310) TO BE MADE AVAILABLE FOR THE PAYMENT OF JUST COMPENSATION OF THE LOT OWNED BY SOCOR CONSTRUCTION AND DEVELOPMENT CORPORATION, WHICH WAS AFFECTED BY THE OPENING AND CONCRETING OF J.R. BORJA EXTENSION, AND AUTHORIZING THE CITY MAYOR TO SIGN FOR AND IN BEHALF OF THE CITY THE CORRESPONDING DEED OF ABSOLUTE SALE THEREOF