PEA NO. 1293, S. 95

: PEA Resolution No. 1293, S. 95 pertains to the approval of a revised schedule of fees imposed by the Philippine Estates Authority (PEA) for its services related to reclamation projects, titling of reclaimed lands, foreshore lease, and miscellaneous sales clearance.
: The revised schedule of fees is approved pursuant to Executive Order No. 159 and DOF-DBM Joint Circular 2-94.
: The approved fee for Titling and Management is P50,000.00.
: The filing fee for requests for MSA and FLA clearance is P500.00.
: The clearance fee for FLA is 3% of the assessed value of the property including proposed improvements but not lower than P10,500 plus out-of-pocket expenses.
: The clearance fee for MSA is 6% of the assessed value of the property including proposed improvements but not lower than P21,000 plus out-of-pocket expenses.
: The filing fee for new reclamation project proposals is P10,000 plus travel and out-of-pocket expenses during site inspection.
: Yes, all provisions of PEA Board Resolution No. 1004, Series of 1993, remain in effect except as modified by this new resolution.
: The fees cover services in processing applications for reclamation projects, titling of reclaimed lands, foreshore leases, and miscellaneous sales application clearance.
: It was adopted and approved on September 6, 1995, and approved in the Board Meeting held on September 4, 1995.