Ordinance 10752-2007

AN ORDINANCE appropriating the sum P475,860.00 from the item “Land Acquisition/Expropriation” in the 2007 Annual Budget to be made available for the second and full payment of the claim for just compensation of the lot owned by Iglesia Filipina Independiente, with an appraised value of P952,860.00 including registration and documentation expenses, which was affected by the road widening of Macapagal Drive, Barangay Bulua; 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: September 10, 2007

Summary

Full payment of the claim for just compensation of the lot

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