Skip to main content

Authorizing the Development of the 158-Hectare Property of Asset Privatization Trust in Bacoor and Dasmariñas, Cavite for Socialized and Low-Cost Mixed Housing Purposes

Proclamation No. 209 • Presidential Issuances • Presidential Proclamations • Nov 9, 1999

Full text

November 9, 1999 PROCLAMATION NO. 209 AUTHORIZING THE DEVELOPMENT OF THE 158-HECTARE PROPERTY OF ASSET PRIVATIZATION TRUST IN BACOOR AND DASMARIAS, CAVITE FOR SOCIALIZED AND LOW-COST MIXED HOUSING PURPOSES WHEREAS, the Asset Privatization Trust (APT) owns strategically located parcels of land in Bacoor and Dasmarias, Cavite which are underutilized and have deteriorated into blighted areas; WHEREAS, the 158-hectare APT property (otherwise known as Moonwalk property) represents an opportunity for the National Government and the private sector to jointly undertake a socialized and low-cost mixed housing development to achieve a higher level of socio-economic development for the beneficiaries of the project; and, WHEREAS, the Home Insurance and Guaranty Corporation (HIGC) pursuant to its Charter, as amended, is authorized to manage, administer and develop real estate properties and assets of the National Government. NOW, THEREFORE, I, JOSEPH EJERCITO ESTRADA, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby set aside for socialized and low-cost mixed housing purposes the 158 hectares APT property located in Bacoor and Dasmarias, Cavite, (ANNEX A), subject to existing laws and private rights, if any. The Department of Environment and Natural Resources (DENR) is hereby directed to immediately undertake the boundary, topographic, and subdivision surveys of the area in order to facilitate its early development. The HIGC is hereby designated as the principal government agency responsible for the administration, management, development and disposition of the subject APT property in accordance with its Charter, as amended. Other government agencies and instrumentalities including concerned local government units are enjoined and directed to extend such assistance to, and cooperation with HIGC as may be required and necessary for the speedy and successful development of this property for socialized and low-cost housing development. DONE in the City of Manila, this 9th day of November, in the year of Our Lord, Nineteen Hundred and Ninety-Nine. ANNEX A APT PROPERTIES TCT No. Municipality Province Area (square meters) 54933 Bacoor Cavite 44,544 54935 Bacoor Cavite 17,423 55486 Bacoor Cavite 185,785 55487 Bacoor Cavite 46,840 55488 Bacoor Cavite 24,807 55519 Bacoor Cavite 70,264 55520 Bacoor Cavite 28,927 55999 Bacoor Cavite 12,031 56001 Bacoor Cavite 55,517 56005 Bacoor Cavite 35,493 56006 Bacoor Cavite 54,455 56068 Bacoor Cavite 21,819 56647 Bacoor Cavite 24,394 Sub-Total 622,299 54934 Bacoor Cavite 10,841 54937 Bacoor Cavite 7,967 55485 Bacoor Cavite 34,960 55516 Bacoor Cavite 19,296 55518 Bacoor Cavite 20,666 55521 Bacoor Cavite 39,024 55522 Bacoor Cavite 18,927 55523 Bacoor Cavite 45,710 56002 Bacoor Cavite 20,103 56003 Bacoor Cavite 50,994 56004 Bacoor Cavite 25,116 56007 Bacoor Cavite 41,848 56067 Bacoor Cavite 20,077 56069 Bacoor Cavite 28,577 56070 Bacoor Cavite 92,299 56648 Bacoor Cavite 39,412 56649 Bacoor Cavite 19,021 56650 Bacoor Cavite 13,561 56651 Bacoor Cavite 18,369 56652 Bacoor Cavite 22,722 56653 Bacoor Cavite 43,568 56654 Bacoor Cavite 21,301 56655 Bacoor Cavite 101,009 56656 Bacoor Cavite 40,823 56701 Bacoor Cavite 33,054 56702 Bacoor Cavite 44,067 56703 Bacoor Cavite 11,012 63340 Bacoor Cavite 11,974 65663 Bacoor Cavite 25,160 65664 Bacoor Cavite 36,240 Sub-Total 957,698 Total 1,579,997

Ask what this means for your situation

The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.