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PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Republic Acts :
REPUBLIC ACTS
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REPUBLIC ACT NO. 333 - AN
ACT TO ESTABLISH THE CAPITAL OF THE PHILIPPINES AND THE PERMANENT SEAT
OF THE NATIONAL GOVERNMENT, TO CREATE A CAPITAL CITY PLANNING
COMMISSION, TO APPROPRIATE FUNDS FOR THE ACQUISITION OF PRIVATE ESTATES
WITHIN THE BOUNDARY LIMITS OF SAID CITY, AND TO AUTHORIZE THE ISSUANCE
OF BONDS OF THE NATIONAL GOVERNMENT FOR THE ACQUISITION OF PRIVATE
ESTATES, FOR THE SUBDIVISION THEREOF, AND FOR THE CONSTRUCTION OF
STREETS, BRIDGES, WATERWORKS, SEWERAGE AND OTHER MUNICIPAL IMPROVEMENTS
IN THE CAPITAL CITY |
Section 1. Section two of Commonwealth Act Numbered Five
hundred two, as amended, is hereby further amended to read as follows: "Sec. 2. Powers. — The territory within the boundaries described in the next succeeding section is to be known as Quezon City which shall be the capital of the Philippines and the permanent seat of the national government; and by that name it shall have perpetual succession; have and use a common seal and alter the same at pleasure; sue and to be sued, and prosecute and defend to final judgment and execution; take, purchase, receive, hold, lease, convey, and dispose of real and personal property, for the benefit of the city, within or without its corporate limits; contract and be contracted with; and execute all the powers hereinafter conferred." Sec. 2. Section three of Commonwealth Act Numbered
Five hundred two, as amended, is hereby further amended to read as
follows: Sec. 3. There is hereby created and established a
Capital City Planning Commission composed of seven Members three of
whom shall not be government officials to be appointed by the President
of the Philippines with the consent of the Commission on Appointments
of the Congress of the Philippines. The terms of office of the members
of the Commission shall expire at the termination of their work but any
member may be removed by the President for cause. The members of the
Commission, except as chairman, shall receive a per diem of twenty-five
pesos for each day of meeting, not more than two times a week, actually
attended by them. All members shall be given the necessary traveling
and other expenses not exceeding one hundred pesos while engaged in
work for the Commission. The President shall designate one of the
members of the Commission as chairman therefor who will act as general
manager and whose compensation shall be ten thousand pesos per annum.
During the temporary absence of the chairman, the Commission shall
elect one of its members as temporary chairman who will exercise all
the duties and enjoy all the privileges and emoluments of the chairman
during the time he is acting as such temporary chairman. Sec. 4. The Commission shall have the following
powers and duties: Sec. 5. The sum of one hundred fifty thousand pesos or so much thereof as may be necessary is hereby appropriated out of any funds in the National Treasury not otherwise appropriated to be disbursed by the Commission for the salaries of the necessary personnel, for the per diems of the Members of the Commission and for such incidental expenses as may be incurred to carry out the provisions of this Act. Sec. 6. The Director of Lands shall undertake within thirty days upon the approval of this Act the survey of the area defined in section 2 hereof and prepare a plan indicating the names of owners of the different lots, area, assessed value, improvements if any which plan shall be turned over to the Commission within one hundred twenty days thereafter for its use in the preparation of the development. The boundaries of the present Quezon City as defined in section 2 hereof shall be indicated in the plan. Sec. 7. The Capital City Planning Commission shall submit to the President within one year after its organization the master plan of the Capital City of the Philippines for his approval. The Commission shall be charged with the execution of the master plan as approved by the President. The allocation of lots for sale or lease to the public in accordance with section 4 (c) of this Act shall be made with the approval of the President. Sec. 8. The Capital City Planning Commission
herein created is hereby authorized to acquire, through direct purchase
at a price not exceeding the assessed value as of January one, nineteen
hundred forty-six, or through the institution of expropriation
proceedings, all private estates included within the area described in
section 2 hereof. Sec. 9. The President of the Philippines is
authorized to issue, in the name and behalf of the Republic of the
Philippines, bonds in an amount of twenty million pesos, the proceeds
of which shall be used as a revolving fund for the acquisition of
private estates, the subdivision of the area, and the construction of
streets, bridges, waterworks, sewerage and other municipal improvements
in the Capital City of the Philippines. Section 10. A sinking fund is hereby created for the payment of the bonds issued under the provisions of this Act, in such manner that the total amount thereof at each annual due date of the bond issue shall be equal to the total of an annuity of nineteen hundred and thirty-seven pesos and thirteen centavos for each one hundred thousand pesos of bonds outstanding, accrued at the rate of interest of three and one-half per centum per annum. Said fund shall be under the custody of the Central Bank which shall invest the same in such manner as the Monetary Board may approve in accordance with the provisions of Act Numbered Three thousand and fourteen which governs the investment of sinking funds, shall charge all the expenses of such investment to said sinking fund and shall credit to the same the interest on investment and other income belonging to it. Section 11. A standing annual appropriation is hereby made out of any general fund in the National Treasury, of such sum as may be necessary to provide for the sinking fund created in the next preceding section and for the interest on bonds issued by virtue of this Act. A further appropriation is hereby made, out of the general funds in the National Treasury not otherwise appropriated, of a sufficient sum to cover the expenses of the issue and sale of the bonds authorized by this Act. Section 12. The Capital City Planning Commission
shall have the supervision of all the work to be done and improvements
to be made with the proceeds of the sale of the bonds authorized by
this Act, which work shall be begun as soon as the Treasurer of the
Philippines shall certify that the fund herein provided for is
available. Section 13. All acts and executive orders or regulations, or parts thereof, inconsistent with the provisions of this Act, are hereby repealed. Section 14. This Act shall take effect upon its
approval. Approved: July 17, 1948 |
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