ORDINANCE No. 6431

AN ORDINANCE APPROPRIATING THE AMOUNT OF P2,500,000.00 TO BE MADE AVAILABLE FOR THE ACQUISITION OF THE PROPERTY OF MR. AND MRS. JOSE C. FAJARDO, DESCRIBED AS LOTS NO. 10-B, 10-C, 10-D AND 10-E, PSD NO. 8276 AND LOTS NO. 2 AND 6, BLOCK NO. 2844 OF THE MANILA CADASTRAL SURVEY, SITUATED IN THE DISTRICT OF TONDO, COVERED BY TRANSFER CERTIFICATES OF TITLE NO. 70347, 70348 AND 70349, CONTAINING AN AREA OF ABOUT 20,409.20 SQUARE METERS, TO BE SUBDIVIDED AND RESOLD AT COST TO THE ACTUAL AND BONA FIDE TENANTS THEREOF ON INSTALLMENT BASIS, PAYABLE IN 40 YEARS.