Definition of Terms and Classification of Legend

February 21, 1996 ZONAL VALUATION REVENUE DISTRICT OFFICE NO. 87 CATBALOGAN, WES SAMAR I. APPROVAL BY THE TECHNICAL COMMITTEE ON REAL PROPERTY VALUATION FEBRUARY 21, 1996 II. PUBLIC HEARING APRIL 4-5, 1995 III. APPROVAL BY THE EXECUTIVE COMMITTEE ON REAL PROPERTY VALUATION FEBRUARY 21, 1996 IV. DEPARTMENT ORDER NO. 42-96 FEBRUARY 21, 1996 IMPLEMENTATION OF THE APPROVED SCHEDULE OF ZONAL VALUES OF REAL PROPERTIES IN CALBAYOG CITY & CATBALOGAN, W. SAMAR UNDER REVENUE DISTRICT OFFICE NO. 87 CATBALOGAN, WESTERN SAMAR. V. PUBLICATION IN THE NEWSPAPER OF GENERAL CIRCULATION (THE BUSINESS DAILY) JUNE 27, 1996 VI. EFFECTIVITY DATE FIFTEEN (15) DAYS AFTER THE DATE OF PUBLICATION OF A NEWSPAPER OF GENERAL CIRCULATION JULY 13, 1996 ESPERANZA B. TEE Chief, Asset Valuation Division DEFINITION OF TERMS RESIDENTIAL Land/Building principally devoted to habitation. COMMERCIAL Land/Building devoted principally to commercial purposes and generally for the object of profit. INDUSTRIAL Devoted principally to industry as capital. AGRICULTURAL Devoted principally to raising of crop such as rice, corn, sugarcane, tobacco, etc. or to pasturing, dairying, inland fishing, salt-making and other agricultural uses including timberland and forest land. GENERAL PURPOSE Rawland, undeveloped and underdeveloped area which has potential for development into residential, commercial, industrial, institutional, etc. must not be less than 5,000 square meters. VICINITY Means an area, locality, neighborhood or district about, near, adjacent, proximate or contiguous to a street being located. CLASSIFICATION LEGEND: RR RESIDENTIAL REGULAR RC RESIDENTIAL CONDOMINIUM CR COMMERCIAL REGULAR CC COMMERCIAL CONDOMINIUM I INDUSTRIAL X INSTITUTIONAL GL GOVERNMENT LAND GP GENERAL PURPOSE APD AREA FOR PRIORITY DEVELOPMENT A AGRICULTURAL