AN ORDINANCE GRANTING THE HON. CITY MAYOR, CASIMIRO A. YNARES III, M.D., TO ACQUIRE THE PROPERTY REGISTERED IN THE NAME OF JUANITO L. DY FOR THE CONSTRUCTION/ESTABLISHMENT OF A MULTI-PURPOSE HALL AND BASKETBALL COURT THROUGH NEGOTIATED PURCHASE OR THROUGH THE EXERCISE OF THE POWER OF EMINENT DOMAIN IN EXPROPRIATION PROCEEDINGS AND FOR OTHER PURPOSES.

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