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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 253
TO
: Secretary of Agrarian Reform
Chairman, Board of Trustees, Land Bank of the
Philippines
President, Land Bank of the Philippines
WHEREAS, Nueva Ecija, has been designated since 1972 as a pilot province for land reform integrated development program with emphasis on land tenure improvement, institutional development, physical development, and agricultural development;
WHEREAS, as a part of this integrated approach to land reform, barrio General Ricarte of Llanera, Nueva Ecija, has also been chosen as the site for a pilot agricultural cooperative settlement;
WHEREAS, the implementation of the agricultural cooperative settlement will not only translate into reality the integrated approach to agrarian reform but will also substantially increase the farm family's income;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, do hereby order:
1.
The Secretary of Agrarian Reform to carry out a
land consolidation scheme within the project area and allocate the
farmlots as well as the homelots in accordance with the integrated
development plan for this pilot projects;
2. The
Chairman of the Board of Trustees of the Land
Bank and the President of the Land Bank to finance under any of the
reorganized modes of settlement mentioned in P.D. No. 251 the
acquisition of all landholdings within the project area: Provided, that
the repayment to the Land Bank of the total cost thereof shall be
amortized by General Ricarte Agricultural Cooperative and the
tenant-farmers pursuant to P.D. No. 27 and other related decrees or
orders: Provided, further, that in the retitling of the lands thus
acquired such arrangement to be effected shall always give due regard
to the rights conferred upon the tenant-farmers as owners of the land
they till pursuant to P.D. No. 27.
Done in the City of Manila, this 19th day of February, in the year of Our Lord, nineteen hundred and seventy-five.
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