ORDINANCE No. 7297

AN ORDINANCE APPROPRIATING THE AMOUNT OF P500,000.00 TO BE MADE AVAILABLE FOR THE ACQUISITION BY THE CITY OF A PARCEL OF LAND OWNED BY JOSE LEGARDA ESTATE, LOCATED AT CALLE MINDANAO AND PANAY STREET, SAMPALOC, CONTAINING AN AREA OF ABOUT 3,535 SQUARE METERS, COVERED BY TRANSFER CERTIFICATE OF TITLE NO. 52519, TO BE RESOLD TO THE BONA FIDE TENANTS THEREIN ON INSTALLMENT BASIS FOR NOT MORE THAN 40 YEARS.