QuestionsQuestions (PRESIDENTIAL DECREE NO. 706)
To appropriate funds for the reclamation of a 315-hectare portion of the Dagat-Dagatan Lagoon in the Province of Rizal, in support of a housing and resettlement/“healthy living-community” project, and an intended industrial zone.
Three hundred fifteen (315) hectares.
Because the area is intended to serve as a low-cost housing project site and also to establish an industrial zone to provide job opportunities to residents.
One Hundred Twenty Million Pesos (₱120,000,000.00), taken out of the general fund in the National Treasury not otherwise appropriated.
It authorizes spending of up to ₱120,000,000.00, but only the amount actually needed for the reclamation project (i.e., the appropriation is not necessarily fully exhausted).
The funds must be used for the reclamation of the Dagat-Dagatan project in Rizal in connection with establishing a harmonious, comprehensive, integrated, and healthy living community.
It states the appropriation covers the cost of acquisition of construction equipment, including motor vehicles.
It takes effect immediately.
There is an immediate need to start reclamation so the government can construct low-cost housing in the Dagat-Dagatan area in early 1976 in accordance with the project development plan.
The government’s efforts to solve housing and resettlement problems are supported by establishing an integrated living-community through reclamation.
It is meant to be “harmonious, comprehensive, integrated and healthy.”
Signed by President Ferdinand E. Marcos, countersigned by Alejandro Melchor, Executive Secretary.
19 May 1975, in the City of Manila.
Yes. Section 2 expressly includes acquisition of construction equipment, including motor vehicles.
It means the funds are drawn from a general, currently unappropriated portion of the National Treasury, thereby earmarking them for this specific decree-related project.
Both: it authorizes appropriation (funding authorization) and declares the government commitment/plan to reclaim the lagoon to establish housing and an industrial zone.