Section 1
Declaration as Socialized Housing Site
Section 1.
Declaration as Socialized Housing Site.
In view of the need of informal settlers to acquire home ownership and shelter security, the portion of BCDA—s property covered by Transfer Certificate of Title No. 62887 known as Scout Barrio, Baguio City, with an area of approximately 15.9 hectares and presently being occupied by informal settlers, is hereby declared as housing site open for disposition to its qualified occupants and beneficiaries.
Section 2
Pricing and Payment Scheme and Beneficiary Guidelines
Section 2.
Pricing and Payment Scheme and Beneficiary Guidelines.
— The qualifications of beneficiaries, proposed lot pricing, payment scheme, and beneficiary guidelines shall be established, evaluated and implemented by an Executive Committee composed of the BCDA, NHA/HUDCC, John Hay Poro Point Development Corporation (JPDC), and the City Government of Baguio. The Committee shall ensure that a fair pricing and payment scheme for the beneficiaries shall be instituted.
Section 4
Effectivity
Section 4.
Effectivity.
This order shall take effect immediately.
Done in the City of Manila, this 18th day of December, in the year of Our Lord, two thousand and one.
(SGD.)
GLORIA MACAPAGAL-ARROYO
By the President:
(SGD.)
ALBERTO G. ROMULO
Executive Secretary