Assessment by direction of the President.
Section 73
SEC. 73. Assessment by direction of the President.- When the President of the Philippines shall so direct it, the City Council, as an agency of the National Government, shall provide, by means of an ordinance, for the levying and collection, by special assessments of the real estate within the district or section of Quezon City especially benefited, of the cost or a part thereof to be determined by the President, of laying out, opening, constructing, frightening, widening, extending, grading, paving, curbing, walling, deepening, or otherwise establishing, repairing, enlarging, or improving national roads, in Quezon City, including the costs of acquiring the necessary land and improvements therein. Within the meaning of this section, all real estate comprised within the district or section benefited, except lands or buildings owned by the Republic of the Philippines or by Quezon City, shall be subject to the payment of the special assessment, based upon the valuation of such real estate as shown by the books of the City Assessor, or its present value as fixed by said officer in the first instance if the property doe not appear of record in his books according to the valuation whereof the special tax has to be made, computed and assessed.