Presidential Decree No. 467 (PD 467) — Appropriating Certain Sums of Money for Port Development Purposes in the Province of Cagayan, Island of Luzon, and for Other Purposes.
WHEREAS, there is pressing need to accelerate the economic
development program of the Government for the early attainment of the
objectives of the New Society;
WHEREAS, among the economic development programs of the
Government is the construction of ports and harbors facilities;
WHEREAS, pursuant to Proclamation No. 1265 dated May 21,
1974, all lands of the public domain and government lands, including
lands under water, and those within one kilometer inland from the
national highway situated along the coast from Tapal River, Gonzaga,
Cagayan, to Nulton Point, San Vicente, same province, has been reserved
for port development purposes;
WHEREAS, the Cagayan Valley is badly in need of a port of
entry;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers vested in me by the Constitution,
do hereby decree and order:
SEC. 1. The Secretary of Public Works, Transportation and
Communications shall immediately construct and develop the port and
harbor facilities within the area subject of Proclamation No. 1265 dated
May 21, 1974, between the municipalities of Gonzaga and San Vicente,
Cagayan. The Secretary is hereby authorized to expropriate in behalf of
the National Government, if and when necessary, all private lands within
the vicinity which are needed by the Government for the purpose.
SEC. 2. The sum of Three Million Pesos (P3,000,000.00) is
hereby appropriated out of any funds from the National Treasury not
otherwise appropriated to carry out the purposes of this Decree.
SEC. 3. All laws, decrees, rules and regulations or parts
thereof inconsistent herewith are hereby repealed or modified
accordingly.
SEC. 4. This Decree shall take effect immediately.
Done in the City of Manila, this 23rd day of May, in the year of
Our Lord, nineteen hundred and seventy-four.
(Sgd.)
FERDINAND E. MARCOS
President of the Philippines
By the President:
(Sgd.)
ALEJANDRO MELCHOR
Executive Secretary
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
