P.D. No. 277 : PHILIPPINE LAWS, STATUTES and CODES : CHAN ROBLES VIRTUAL LAW LIBRARY
M a n i l a
PRESIDENTIAL DECREE No. 277 August 20, 1973
AMENDING SECTION I, ANNEX I-D OF PRESIDENTIAL DECREE NO. 3 "APPROPRIATING FUNDS FOR PUBLIC WORKS INVOLVING REHABILITATION AND CAPITAL DEVELOPMENT, SYNCHRONIZING THE SAME WITH PREVIOUS PUBLIC WORK APPROPRIATIONS"
WHEREAS, Presidential Decree No. 3, appropriating funds for Public Works involving rehabilitation and capital development, synchronizing the same with previous Public Works appropriations, was adopted on September 26, 1972, for the rehabilitation and reconstruction of damaged infrastructure facilities due to the recent calamities so as to bring about normality in the economic and social activities of the people;
WHEREAS, in addition to rehabilitation and reconstruction, development efforts must be carried on with even greater emphasis to avoid economic stagnation, the implementation and undertaking of which would also require the availment of financial assistance preferred by international lending institutions and other governments;
WHEREAS, the amount of P75,700,000.00 is allocated for Irrigation under Annex I, Item D, distributed among the various irrigation projects or systems, in specified sums, which distribution does not realistically jibe with the actual fund requirements of such projects or system, nor is responsive to current development plans of the government, and of which only P7,000,000.00 is earmarked for other unspecified projects, thereby giving insufficient flexibility for the allocation of funds for more urgent but unfunded or underfunded projects or systems;
WHEREAS, in order to attain a more realistic allocation of funds for the specified irrigation projects or systems and a greater flexibility in the allocation of funds for unlisted yet urgent irrigation projects, there is a need of amending Presidential Decree No. 3;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution as Commander-in-Chief of all the Armed Forces of the Philippines, and pursuant to Proclamation No. 1081, dated September 21, 1972, and General Order No. 1, dated September 22, 1972, as amended, and for a greater flexibility in the allocation of funds for more urgent irrigation projects, do hereby amended Section I, Annex I-D, of Presidential Decree No. 3, dated September 26, 1972, to read as follows:
Section 1. Rehabilitation and Reconstruction from General Revenue and/or Loans. For the purpose of implementing the program of rehabilitation and reconstruction, the following sums, or so much thereof as may be necessary, are hereby appropriated, out of the general funds in the National Treasury not otherwise appropriated and/or from proceeds of local and/or foreign loans, for the rehabilitation and reconstruction of the projects summarized hereunder and listed in Annex I:
|A. School Building
|C. Flood Control
|Name of Project
|1. For the rehabilitation and reconstruction of national irrigation systems
|2. For the construction, rehabilitation, and reconstruction of communal irrigation projects and systems
|3. For pump irrigation systems procurement of equipment and accessories, pre-engineering construction and rehabilitation of existing systems
Sec. 2. This amendatory Decree shall take effect immediately.
Done in the City of Manila, this 20th day of August, in the year of Our Lord, nineteen hundred and seventy-three.