AN ORDINANCE APPROVING THE APPLICATION OF THE ALVEO LAND CORPORATION, REPRESENTED BY MS. GRACE KELLY O. BANGOT, FOR PRELIMINARY APPROVAL AND LOCATIONAL CLEARANCE (PALC) OF BAYVIEW HEIGHTS PHASE 1-B SUBDIVISION PROJECT, WITH AN AREA OF 128,236.7 SQUARE METERS, CONTAINING 160 LOTS/UNITS, LOCATED IN BARANGAY TABLON, THIS CITY, SUBJECT TO THE HEREIN CONDITIONS, WHICH SHALL BE COMPLIED WITH AND FORM PART OF ITS DEVELOPMENT PERMIT (DP) APPLICATION