Question & AnswerQ&A (EXECUTIVE ORDER NO. 615)
The main purpose of Executive Order No. 615 is to mandate the transfer of the Nayong Pilipino Cultural Park to a 15-hectare property of the Philippine Reclamation Authority (PRA) in Parañaque, and the reciprocal transfer of a 15-hectare property from the Nayong Pilipino Foundation (NPF) to PRA.
The exchange involves a 15-hectare parcel of land owned by the PRA in the Manila Bay Reclamation Area in Parañaque City and a 15-hectare property owned by the Nayong Pilipino Foundation in Pasay City.
Executive Order No. 111 (June 26, 2002) directed the closure and cessation of park operations of the Nayong Pilipino Cultural Park pending redevelopment. Executive Order No. 135 (October 21, 2002) directed the NPF to find an alternative site for the new Nayong Pilipino Cultural Park.
The Philippine Reclamation Authority (PRA) is the registered owner of the 15-hectare property in Parañaque.
The Register of Deeds for Parañaque and Pasay Cities is mandated to immediately effect the transfer of titles to implement the property exchange.
The Executive Order takes effect immediately upon its issuance.
They executed a Memorandum of Agreement for the exchange of their respective properties, each covering fifteen hectares in Pasay City and Parañaque City.
The park operations were closed and ceased, pending redevelopment, except for overseeing, maintaining, and preserving the assets of the park and the Nayong Pilipino Foundation.