[ Act No. 1745, October 05, 1907 ]
AN ACT TRANSFERRING TO THE ACCOUNT OF GENERAL FUNDS OF THE INSULAR TREASURY THE LOAN OF THREE HUNDRED AND FIFTY THOUSAND PESOS GRANTED TO THE GOVERNMENT OF THE CITY OF MANILA BY ACT NUMBERED THIRTEEN HUNDRED AND SIXTY FROM THE PROCEEDS OF THE SALE OF PUBLIC-IMPROVEMENTS BONDS OF THE INSULAR GOVERNMENT, AND REIMBURSING IN A CORRESPONDING AMOUNT THE ACCOUNT OF SAID BOND PROCEEDS, AND APPROPRIATING THE MONEY REVERTING TO THE INSULAR TREASURY BY REASON OF THE REPAYMENT OF SAID LOAN FOR THE IMPROVEMENT OF PUBLIC SQUARES, PARKS, AND PLAZAS OF THE CITY OF MANILA, AND FOR OTHER PURPOSES.
By authority of the United States, be it enacted by the Philippine Commission, that :
Section 1. There is hereby appropriated, out of the general funds in the Insular Treasury not otherwise appropriated, the sum of three hundred and fifty thousand pesos for the purpose of reimbursing the fund realized by the sale of public-improvements bonds, issued under Act Numbered Thirteen hundred and one, for the loan made to the city of Manila in accordance with the provisions of Act Numbered Thirteen hundred and sixty.
Section 2. The proceeds of the loan made to the city of Manila in accordance with Act Numbered Thirteen hundred and sixty, when the same become available by payment, are hereby appropriated for expenditure by the Bureau of Public Works in accordance with plans and specifications approved by the committee on parks appointed by the Governor-General pursuant to a resolution of the Commission dated April twenty-sixth, nineteen hundred and seven, for the following purposes:
(a) For the construction of that part of the Cavite boulevard which lies within the limits of the city of Manila, the retaining wall and fill to be among the first things to be undertaken. In case the area dredged is selected in such way as to improve the port of Manila, the additional cost of dredging from such area shall be borne from the funds of the Division of Port Works.ℒαwρhi৷
(b) Out of any funds remaining after the first-mentioned improvement is made, for the improvement of the parks, boulevards, and playgrounds of the city of Manila and the acquisition of lands for the same, according to plans approved by said committee. This committee is given power to select the necessary, sites upon which such parks and playgrounds are to be placed, and to acquire for the city of Manila the land necessary therefor.
Section 3. The public good requiring the speedy enactment of this bill, the passage of the same is hereby expedited in accordance with section two of "An Act prescribing the order of procedure by the Commission in the enactment of laws," passed September twenty-sixth, nineteen hundred.
Section 4. This Act shall take effect on its passage.
Enacted, October 5, 1907.
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