BY THE PRESIDENT OF THE PHILIPPINES
[ PROCLAMATION NO. 590, March 29, 2004 ]
RESERVING A PORTION OF THE LOT COVERED BY TRANSFER CERTIFICATE OF TITLE TCT NO. 130595 SITUATED IN PACO, CITY OF MANILA REGISTERED IN THE NAME OF THE REPUBLIC OF THE PHILIPPINES, AS SITE OF THE HOUSING OF THE OFFICIALS AND EMPLOYEES OF THE DEPARTMENT OF BUDGET AND MANAGEMENT UNDER THE ADMINISTRATION OF THE NATIONAL HOUSING AUTHORITY IN ACCORDANCE WITH THE PROVISIONS OF R.AS. 7279 KNOWN AS THE URBAN DEVELOPMENT AND HOUSING ACT
Upon recommendation of the Secretary of Environment and Natural Resources, and by virtue of the powers vested in me by law I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, do hereby segregate certain potion of the lot situated in the District of Paco, City of Manila covered by Transfer Certificate of Titles No. 130595 registered in the name of the Republic of the Philippines containing an area of FIVE THOUSAND FIVE HUNDRED SEVENTEEN (5,517) square meters, more or less and reserve the same as housing site of officials and employees of the Department of Budget and Management (DBM), subject to final survey, which portion is more particularly described as follows:
A PARCEL OF LAND, (Portion of Lot No. 7, before Lot No. 1-Ne-C, Block No. 933, Cad Case No. 64, Dadastral survey of the City of Manila, G.L.R.O. Cad. Record No. 319), situated in the District of Paco, City of Manila.
Bounded on the S.E., along 1-2-3 BY EXISTING ROAD; on the S.W., along line 3-4 by Portion of Lot 7 before Lot No. 1-New-C. Blk 933, Cad-13; on the N. W., along lines 4-5 by PASIG RIVER; and on the N.E., along lines 5-6-7-1 by portion of Lot 7, before Lot No. Blk 933, Cad 13, containing an area of Five Thousand Five Hundred Seventeen (5,517) square meters, more or less.
Such part or parts of the area herein declared for disposition is subject to final survey and shall be administered and disposed of by the National Housing Authority in coordination with the Department of Budget and Management under existing applicable laws, rules and regulations, such as the Urban Development and Housing Act or R.A. 7279.
The National Housing (NHA) shall reimburse the national government the value of the land after final payment of the areas reserved for socialized housing purposes by the qualified beneficiaries.
IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.
Done in the City of Manila, this 29th day of March in the year of our Lord, Two Thousand and Four.
(Sgd.) GLORIA MACAPAGAL-ARROYO
By the President:
(Sgd.) ALBERTO G. ROMULO
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