Pagadian City Resolution No. 2020-0753 — Authorizing The Honorable City Mayor To Purchase, By Way Of A Deed Of…

RESOLUTION NO. 2020-0753
(Sponsored by: Honorable Teodoro M. Quicoy)

"A RESOLUTION AUTHORIZING THE HONORABLE CITY MAYOR TO PURCHASE, BY WAY OF A DEED OF ABSOLUTE SALE, A PARCEL OF LAND KNOWN AS LOT NO. 5210-A-12, BSD-09-002212-AR/VLT, COVERED BY TRANSFER CERTIFICATE OF TITLE NO. E-1,595, CONTAINING AN AGGREGATE AREA OF TEN THOUSAND EIGHT HUNDRED SIXTY-TWO (10,862) SQUARE METERS, SITUATED AT BARANGAY BALINTAWAK, THIS CITY, IN THE AMOUNT OF ONE MILLION SEVEN HUNDRED NINETY-TWO THOUSAND TWO HUNDRED THIRTY (P1,792,230.00) PESOS, WHICH AREA SHALL BE USED/UTILIZED AS AN ADDITIONAL SITE OF THE PRESIDENT CORAZON C. AQUINO REGIONAL CENTER" 

WHEREAS, the Sangguniang Panlungsod (13th City Council), by virtue of Resolution No. 2019-0038, authorized the Honorable City Mayor to negotiate the purchase of parcels of land, preferably the adjacent lots, for use as additional site of the President Corazon C. Aquino Regional Center at Barangay Balintawak, this City; 

WHEREAS, in view thereof, the Honorable City Mayor, by way of a letter, informed this body that a parcel of land-adjacent to the present regional center site-known as Lot No. 5210-A-12, Bsd-09-002212-AR/VLT, covered by Transfer Certificate of Title No. E-1,595, with an aggregate area of Ten Thousand Eight Hundred Sixty-Two (10,862) square meters, is being offered for sale to the City Government in the amount based on the appraised value of P165.00 per square meter set by the City Appraisal Committee through its Resolution No. 13, series of 2020, and for which a request for an authority to purchase the same is being sought by the City Chief Executive;

WHEREAS, to ensure the early and successful pursuance of such objective, it is thus imperative to clothe the Honorable City Mayor with the necessary authority to represent the City Government in the formal forging of a Deed of Absolute Sale for the purpose; 

NOW, THEREFORE, on seconded motion of Honorable Teodoro M. Quicoy, be it

RESOLVED to authorize, as this body hereby authorizes the Honorable City Mayor to purchase, by way of a Deed of Absolute Sale, a parcel of land known as Lot No. 5210-A-12, Bsd-09-002212-AR/VLT, covered by Transfer Certificate of Title No. E-1,595, containing an aggregate area of Ten Thousand Eight Hundred Sixty-Two (10,862) square meters, situated at Barangay Balintawak, this city, in the amount of One Million Seven Hundred Ninety-Two Thousand Two Hundred Thirty (P1,792,230.00) Pesos, which area shall be used/utilized as an additional site of the President Corazon C. Aquino Regional Center.

RESOLVED, FURTHER, to let a copy of this Resolution be forwarded to His Honor, City Mayor Samuel S. Co; the City Legal Officer; and the Pagadian City Regional Center and Management Coordinating Officer, for their information, guidance and/or appropriate action. 

APPROVED UNANIMOUSLY.

I HEREBY CERTIFY to the correctness of the foregoing resolution. 


 SAM TYRA F. CO
Verified: Chairman Pro Tempore, Presiding

 ATTY. TEODORO M. QUICOY
 SP Member/Floor Leader

Attested:

 ELKID P. NACUA
 Secretary to the Sangguniang Panlungsod