Ordinance 10057-2006

AN ORDINANCE appropriating the sum of P227,740.00 from the item “Land Acquisition/Expropriation” in the 2006 Annual Budget to be made available for the second partial payment of the claim for just compensation of the lot owned by Mr. Ulysses Salcedo, with an appraised value of P855,479.00 including registration and documentation expenses, which was affected by the 10.00-meter wide road opening in Barangay Lapasan, 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: March 13, 2006

Summary

Second partial payment of the claim for just compensation

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