Ordinance 8372-2002

An ORDINANCE appropriating the sum of P558,281.35 from the items “Land Expropriation Calendar Year 1998 – P136,341.28” and “Land Expropriation including Balulang Bridge Calendar Year 2000 – P422,360.22” to be made available as full payment of just compensation including registration expenses of the lots owned by Julia Nagac-Lago – P427,240.05 and Pablo Nagac – P131,041.30, which were affected by the existing 15.00 meter road widening construction of Kauswagan-Bonbon road, this city; and for this purpose, authorizing the 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 [2007-2009]
Status: Approved
Filed: September 09, 2002

Summary

Full payment of just compensation including registration expenses of the lots

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