WHEREAS, the National Power Corporation desires to dispose
of a strip of land situated in Makati, Rizal, formerly used as
right-of-way for its former Caliraya transmission lines, consisting of a
total area of 95,732 square meters or 9.5732 hectares, more or less, as
indicated in the attached plans.
WHEREAS, the National Government has urgent need for this
property in connection with the proposed master drainage canal and
sewerage system of the Greater Manila Area and other undertakings of
national interest such as the mass transit system.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers vested in me by the Constitution as
Commander-in-Chief of the Armed Forces of the Philippines and pursuant
to Proclamation No. 1081 dated September 21, 1972 and General Order No. 1
dated September 22, 1972, as amended, and in order to effect the
desired changes and reforms in the social, economic and political
structure of our society, do hereby order and decree that the amount of
Fifteen Million Pesos (P15,000,000.00) be appropriated, as it is hereby
appropriated out of the unappropriated funds of the National Government
and that said amount be immediately made available to the National Power
Corporation as payment by the National Government for the strip of land
above-mentioned for which the National Power Corporation shall execute
the necessary muniments of title to transfer the ownership of the
property to the National Government.
This Decree shall take effect immediately.
Done in the City of Manila, this 28th day of June, 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