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                    [ArticleID] => 291561
                    [Title] => SC allows original owners to repurchase gov't-expropriated lot
                    [Summary] => The more than half-hectare lot situated at the old Lahug airport could have shot up to millions of pesos based on the current market value, but the Supreme Court has allowed the heirs of its original owners to repurchase the lot from the government at only P3 per square-meter.


This means that the heirs of Timoteo Moreno and Maria Rotea only need P16,356 to redeem from the government the 5,452 square-meter lot that was expropriated by the government sometime in 1961 to give way for the expansion of the airport in barangay Lahug.


                    [DatePublished] => 2005-08-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Cebu News
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MORENO AND ROTEA

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                    [ArticleID] => 291561
                    [Title] => SC allows original owners to repurchase gov't-expropriated lot
                    [Summary] => The more than half-hectare lot situated at the old Lahug airport could have shot up to millions of pesos based on the current market value, but the Supreme Court has allowed the heirs of its original owners to repurchase the lot from the government at only P3 per square-meter.


This means that the heirs of Timoteo Moreno and Maria Rotea only need P16,356 to redeem from the government the 5,452 square-meter lot that was expropriated by the government sometime in 1961 to give way for the expansion of the airport in barangay Lahug.


                    [DatePublished] => 2005-08-14 00:00:00
                    [ColumnID] => 133272
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abtest

SC allows original owners to repurchase gov't-expropriated lot

August 14, 2005 - 12:00am

The more than half-hectare lot situated at the old Lahug airport could have shot up to millions of pesos based on the current market value, but the Supreme Court has allowed the heirs of its original owners to repurchase...

Cebu News