ORDINANCE NO. 2011-020

AN ORDINANCE EXCERCISING THE POWER OF EMINENT DOMAIN OVER THE PARCELS OF LAND LOCATED AT BARANGAY SAN ISIDRO, NAGA CITY, COVERED BY TRANSFER CERTIFICATE OF TITLE NO. 12559 REGISTERED IN THE NAME OF ILUMINADA DIALOGO VDA. DE ZAENS  COVERING AN AREA OF 3.7571 HECTARES BEING A PORTION OF LOT 2-D, TRANSFER  CERTIFICATE OF TITLE  NO. 12557 REGISTERED IN THE NAME OF EMMA ZAENS DABU COVERING AN AREA OF 3.5  HECTARES, AND TRANSFER CERTIFICATE OF TITLE NO. 12556 REGISTERED IN THE NAME WEVINA ZAENS COVERING AN AREA OF 3.5  HECTARES, AND AUTHORIZING THE CITY MAYOR TO FILE THE INITIATORY COMPLAINT OR PLEADING IN COURT, AND FURTHER  APPROPRIATING FOR THIS PURPOSE THE AMOUNT OF ONE HUNDRED FIFTY SIX THOUSAND NINE HUNDRED FORTY FIVE AND 30/100 (P156,945.30) PESOS REPRESENTING 15% OF ITS MARKET VALUE, CHARGEABLE AGAINST THE CAPITAL OUTLAY