ORDINANCE No. 4612

AN ORDINANCE AUTHORIZING THE EXCHANGE OF THE CITY PROPERTY LOCATED AT OTIS STREET, PACO, DESCRIBE AS LOT 28-E-2, PLAN PSD-61238, CONTAINING AN AREA OF 32.4 SQUARE METERS, APPRAISED AT P15.00 SQUARE METER WITH THE PROPERTY OF DRA. MARIA PAZ-GUANZON LOCATED AT J. ZAMORA STREET, PANDACAN, DISCRIBE AS LOT 14-A, PSD-61239, CONTAINING AN AREA OF 30.0 SQUARE METERS, APPRAISED AT P20.00 PER SQUARE METER, TO BE USED FOR THE OPENING OF THE PROPOSED STREET IN FRONT OF THE PANDACAN MARKET SITE, THE DEFFERENCE IN VALUE IN THE AMOUNT OF P858.00 BE PAID BY THE LETTER TO THE CITY OF MANILA.