ORDINANCE NO. 2014-048

AN ORDINANCE EXERCISING THE POWER OF EMINENT DOMAIN OVER THE TWO (2) PARCELS OF LAND LOCATED AT BARANGAY BALATAS, NAGA CITY, THE FIRST BEING DESCRIBED AS LOT 2-7 COVERED BY TRANSFER CERTIFICATE OF TITLE NO. 612 REGISTERED IN THE NAME OF ROBERTO MILANO WITH AN AREA OF 4,820 SQUARE METERS AND THE SECOND BEING DESCRIBED AS LOT 2-8 COVERED BY CERTIFICATE OF TITLE NO. 898 REGISTERED IN THE NAME OF JUDITH CLARO, WITH AN AREA OF 7,510 SQUARE METERS, AND AUTHORIZING THE CITY MAYOR TO THE INITIATORY COMPLAINT OR PLEADING IN COURT, AND FURTHER APPROPRIATING THE AMOUNT OF THIRTEEN MILLION (P13,000,000.00) PESOS TO COVER THE PAYMENT FOR JUST COMPENSATION