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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 1360 |
WHEREAS, continued urban growth has resulted in accelerated development of housing projects in areas served by the North and South Luzon Expressways;
WHEREAS, CDCP as franchise holder has to undertake continuing improvements to assure the smooth flow of traffic by the travelling public;
WHEREAS, LOI No. 1315 has been issued ordering the turnover of jurisdiction and management over interchanges along the Expressways to CDCP Tollways Management for the convenience of the motorists and keep the smooth flow of traffic under control;
WHEREAS, consistent with LOI No. 1325, major physical improvements are necessary to further improve the flow of traffic;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of the Philippines, do hereby direct:
1.
CDCP to construct additional 2 lane overpass bridges alongside the
existing ones in the Interchanges as may be identified by CDCP and
approved by the Toll Regulatory Board;
2. CDCP to
undertake construction of other improvement projects necessary to
maintain smooth flow of traffic in both the North and South
Expressways; and
3. CDCP to
advance the costs of such construction to be deductible from the
payment of concession fees provided the said projects are not included
in the schedule of construction, rehabilitation and maintenance under
Clause 2.3 of the Toll Operation Agreement.
CDCP shall be responsible for the maintenance of the structures as part of the areas covered under LOI No. 1315.
This Letter of Instructions shall take effect immediately.
Done in the City of Manila, this 22nd day of October, in the year of Our Lord, Nineteen Hundred and Eighty- Three.
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