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REPUBLIC OF THE PHILIPPINES

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City Ordinances

ORDINANCE No. 8015

Date Approved:

4 March 2001

City Council:

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Principal Authors

HON. ISKO MORENO

Co-authors

AN ORDINANCE EXPROPRIATING THOSE CERTAIN PARCELS OF LAND SITUATED AT CALLEJON LAPU-LAPU (NICODEMUS) STREET, TONDO, MANILA, COVERED BY TRANSFER CERTIFICATE OF TITLE NOS. 145011, 145012, 145013, 145014 AND 145015, TO BE RESOLD TO THE BONA FIDE TENANTS OR OCCUPANTS THEREAT, ON INSTALLMENT BASIS, AND IN ACCORDANCE WITH THE CITY GOVERNMENT'S ON-SITE HOUSING DEVELOPMENT PROGRAM, APPROPRIATING THE AMOUNT OF TWO MILLION FIVE HUNDRED THOUSAND (PHP 2,500,000.00) OR SO MUCH THEREOF AS MAY BE NECESSARY, SUBJECT TO THE AVAILABILITY OF FUNDS AS CERTIFIED TO BY CITY TREASURER'S OFFICE: PROVIDED, THAT THE FIFTEEN PERCENT (15%) INITIAL DEPOSIT IS HEREBY SET ASIDE FROM THE FIFTY MILLION (PHP 50,000,000.00) LUMP SUM APPROPRIATION PROVIDED IN THE EXECUTIVE BUDGET UNDER THE LAND-FOR-THE-LANDLESS PROGRAM OF THE CITY GOVERNMENT.