ORDINANCE No. 6480

AN ORDINANCE APPROPRIATING THE AMOUNT OF P2,500,000.00 TO BE MADE AVAILABLE FOR THE ACQUISITION, EITHER THRU DIRECT PURCHASE OR EXPROPRIATION, BY THE CITY GOVERNMENT, OF THOSE PARCELS OF LAND KNOWN AS LOT 1-A, BLOCK 806 AND LOT 1, BLOCK 807, SITUATED IN FABIE, PACO, COVERED BY TRANSFER OF CERTIFICATE OF TITLES NO. 45801, 45893, 45894 AND 45895 OF THE REGISTER OF DEEDS OF MANILA, OWNED BY AND REGISTERED IN THE NAME OF B. POSADAS AND SONS, INC., CONTAINING A TOTAL AREA OF ABOUT 30,531.70 SQUARE METERS, TO BE SUBDIVIDED AND RESOLD ON EASY INSTALLMENT PLANS TO THE ACTUAL AND BONA FIDE TENANTS THEREOF.