AN ORDINANCE AUTHORIZING THE HONORABLE JOSEPH EJERCITO ESTRADA, MAYOR, CITY OF MANILA, TO NEGOTIATE AND ENTER INTO AN AGREEMENT EITHER THROUGH SALE, PURCHASE AND OTHER LEGAL MODES OF ACQUISITION AND, IN CASE OF DEFAULT, BY EXPROPRIATION, THOSE PARCELS OF LAND SITUATED AT AND ENCLOSED BY JUAN LUNA AND NICOLAS ZAMORA STREETS CORNER CORAL STREET, TONDO, MANILA, AND TECHNICALLY DESCRIBED IN TRANSFER CERTIFICATE OF TITLE NOS. 157370, 157371 AND 157372, ISSUED BY THE REGISTRY OF DEEDS FOR THE CITY OF MANILA, IN THE NAME OF J.S.P. DEVELOPMENT CORPORATION WITH A TOTAL AREA OF FIVE THOUSAND THREE HUNDRED TWENTY-SEVEN SQUARE METERS AND EIGHTY SQUARE DECIMETERS (5,327.80 SQ. M.), MORE OR LESS, TO BE RESOLD ON INSTALLMENT BASIS TO THE MEMBERS OF THE TONDO CENTRAL NEIGHBORHOOD ASSOCIATION, INCORPORATED, BARANGAY 59, ZONE 5, DISTRICT I, TONDO, MANILA, APPROPRIATING FUNDS NECESSARY THEREFORE AND FOR SUCH OTHER PURPOSES
