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LETTER OF INSTRUCTIONS
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LETTER OF INSTRUCTIONS NO. 650 |
Chairman, Board of Directors, Land Bank of the Philippines President, Land Bank of the
Philippines
WHEREAS, the establishment of pilot land consolidation projects under the Agrarian Reform Program in the provinces of Nueva Ecija, Pampanga, Camarines Sur and Pangasinan, has transformed self-reliant and economically and socially stable farmers, and has brought about maximum land utilization and development, and increased farm production, through multiple cropping and crop sequencing, and farm income through cooperative endeavors;
WHEREAS, the setting up of such land consolidation projects needs the attention and encouragement of the government; and
WHEREAS, the acquisition of the 638-hectare property of landowner Emerito M. Ramos in Arayat and Candaba, Pampanga, is necessary in order to put up a modern land consolidation project in the province similar to that of the General Ricarte cooperative settlement in Llanera, Nueva Ecija;
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 in the property of Emerito M. Ramos and allocate the farmlots
and homelots therein in accordance with the integrated development plan
prepared for the project; and
2. The
Chairman of the Board of directors of the Land Bank and the President
of the Land Bank to finance under any of the recognized modes of
settlement provided in Presidential Decree No. 251, the acquisition of
the entire area of the aforementioned Ramos property. Provided, That,
the tenant-farmers therein and landless farmer-members of the HUK VETS
Association, Inc., as well as the farmer's cooperative of which they
are members shall amortize to the Land Bank the total cost of the
property in accordance with Presidential Decree 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 and HUK
VETS farmer-members as owners of the land they till, the area of the
farmlots and the homelots to conform to the land consolidation scheme
and integrated development plan prepared for the said project.
Done in the City of Manila, this 5th day of January, in the year of Our Lord, nineteen hundred and seventy-eight.
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