ORDINANCE No. 6568

AN ORDINANCE APPROPRIATINGB THE AMOUNT OF P190,500.00 TO BE MADE AVAILABLE FOR THE ACQUISITION OF TWELVE (12) RESIDENTIAL LOTS OWNED BY THE ALBETZ INVESTMENTS, INC., LOCATED AT BALIC-BALIC, SAMPALOC, CONTAINING AN AREA OF 2,602.50 SQUARE METERR, MORE OR LESS, TO BE RESOLD AT COST ON EASY INSTALLMENT PLAN TO THE ACTUAL AND BONA FIDE TENANTS THEREAT WHO, AT THE EFFECTIVITY OF THIS ORDINANCE, DO NOT OWN ANY LAND, AT PRICES OF P70.00 AND P75.00 PER SQUARE METER, IN ACCORDANCE WITH THE PROVISIONS OF ORDINANCE NO. 4709.