ORDINANCE No. 6296

AN ORDINANCE APPROPRIATING THE AMOUNT OF P4,556,590.00 TO BE MADE AVAILABLE FOR THE ACQUISITION, EITHER THRU DIRECT PURCHASE OR EXPROPRIATION, BY THE CITY GOVERNMENT, OF THAT CERTAIN PARCEL OF LAND KNOWN AS BLOCK NO. 808, LOT NO. 3, SITUATED WITHIN THE FABIE ESTATE, PACO, COVERED BY TRANSFER CERTIFICATE OF TITLE NO. 457753 OF THE REGISTER OF TEEDS OF MANILA, OWNED BY DOÑA RAMONA FABIE DE MARCOS, CONTAINING A TOTAL AREA OF ABOUT 45,565.90 SQUARE METERS, AT PRICES RANGING FROM P50.00 TO P130.00 PER SQUARE METER AS FIXED BY THE APPRAISAL COMMITTEE, TO BE SUBDIVIDED AND RESOLD, ON EASY INSTALLMENT PLANS, TO THE ACTUAL AND BONA FIDE TENANTS THEREOF.