AN ORDINANCE EXERCISING THE POWER OF EMINENT DOMAIN OVER A LOT CONTAINING AN AREA OF MORE OR LESS 25,907 SQUARE METERS OWNED AND REGISTERED IN THE NAME OF SIY CONG JUI LOCATED AT SITIO PURO, PAGDAHICON, MABOLO, NAGA CITY COVERED BY TRANSFER CERTIFICATE OF TITLE NO. 561 WITH TAX DECLARATION NO. 08-02-0076-00743, 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 THOUSAND SIXTY-THREE & 30/100 (P150,063.30) PESOS REPRESENTING 15% OF ITS FAIR MARKET VALUE, CHARGEABLE AGAINST THE CAPITAL OUTLAY