SECTION 1. Section five of Act Numbered Thirteen hundred and sixty is hereby amended so as to read as follows:
"SEC. 5. The city of Manila is hereby authorized to set aside a tract of the reclaimed land formed by the Luneta extension authorized by his Act at the north end of said tract, not to exceed five hundred feet by six hundred feet in size, for a hotel site, and to lease the same, with the approval bf the Governor-General, to a responsible person or corporation for a term of not to exceed ninety-nine years. Such lease shall be made to the person or corporation who. in the opinion of the Municipal Board and the Governor-General. shall make the highest and best bid for the same. Should the .Municipal Board of the city of Manila deem it advisable it is hereby authorized to advertise for sale and to sell said tract of land to the highest and best bidder therefor upon the following terms and conditions, which shall be set out in the deed conveying said tract, to the successful bidder, to wit:
"(1) That the grantee, his heirs, executors, administrators, sue- —terms of lease. censors, or assigns, shall construct on said tract, in accordance with plans and specifications duly approved" by the Consulting Architect, a first-class hotel, the reasonable cost of which construction shall not he less than four hundred thousand pesos. The cost of the construction of the hotel shall be determined by the Auditor for the Philippine Islands after an examination of the construction accounts, hooks, and vouchers of the grantee, his heirs, executors, administrators, successors,, or assigns, and the decision and determination of the Auditor in that behalf shall be final unless an appeal he taken to the Governor-General from such decision and determination of the Auditor, in which case the decision and determination of the Governor-General shall be final.
(2) That the actual construction of the said hotel building or buildings shall begin within six months after the city engineer shall have certified to the grantee, his heirs, executors, administrators, successors, or assigns, that construction work on said tract may properly be commenced, and said hotel shall be fully completed according to said plans and specifications, and fully equipped and ready to operate as a first-class hotel in every respect within two years after the issuance by the city engineer of his certificate . that work may properly begin on said tract: Provided, however, That should the grantee, his heirs, executors, administrators, successors, or assigns, be prevented from commencing or completing the construction of said hotel as herein prescribed, by act of God, the public enemy, usurped or military power, martial law or riot' the time thereby lost in commencing the construction or in completing the hotel as herein prescribed shall be added to the time hereby allowed for commencing the work or for fully completing of said hotel, as the case may be: And provided farther, That should the hotel buildings or any of them be destroyed by fire or earthquake, the grantee, his heirs, executors, administrators, successors, or assigns, shall, within one year after such destruction shall have taken place, and in accordance with plans and specifications approved by the Consulting Architect., rebuild and restore the buildings so destroyed by lire or earthquake, and should the operation of the hotel be suspended by reason of the destruction of its principal buildings, the grantee, his heirs, executors, administrators, successors, or assigns, shall resume the operation of said hotel within three months after the rebuilding or restoration of same.
"(3) That the grantee, his heirs, executors, administrators, successors, or assigns, shall maintain and operate on said tract a first-class hotel, according to American standards, with such appurtenances and conveniences, as are usual in such first-class hotels, and that said tract shall be used for hotel purposes as herein prescribed, and shall not be devoted to any other purpose or object whatever.
"(4) That should the grantee, his heirs, executors, administrators, successors, or assigns, fail, refuse, or neglect to comply-with the first, second, and third terms and conditions hereinbefore set forth, or either of them, or should the grantee, his heirs, executors, administrators, successors, or assigns, fail, refuse, or neglect, after said hotel shall have once been put in operation, to maintain and operate on said tract a first-class hotel according to American standards, then and in that case, the title to said tract of land sold, conveyed, and transferred to the grantee shall revert to the city of Manila, and said city of Manila, shall thereupon become entitled to the immediate possession of said tract of land: Provided, however, That said title to said tract shall not revert to the city of Manila, and said city of Manila shall not become entitled to the possession thereof when the grantee, his heirs, executors, administrators, successors, or assigns, are prevented from operating said hotel by reason of riot, martial law, usurped or military power, the public enemy, or act of God, but said grantee, his heirs, executors, administrators, successors, or assigns, shall immediately resume the operation of said hotel as soon as such extraordinary conditions shall have ceased."