ORDINANCE No. 4330

AN ORDINANCE AUTHORIZING THE ACQUISITION OF THE PROPERTY OF MR. TOMAS DE VERA LOCATED AT THE CORNER OF MORIONES AND JUAN LUNA STREETS, TONDO, CONTAINING AN AREA OF 8,304.5 SQUARE METERS APPRAISED AT PHP.100.00 PER SQUARE METER, NEEDED BY THE CITY FOR SCHOOL PURPOSES; AND APPROPRIATING THE SUM OF PHP.200,000.00 AS INITIAL PAYMENT FOR THE ACQUISITION OF SAID PROPERTY, UNDER CERTAIN CONDITIONS.