[ LETTER OF INSTRUCTIONS NO. 253, February 19, 1975 ]
TO : | Secretary of Agrarian Reform Chairman, Board of Trustees, Land Bank of the Philippines President, Land Bank of the Philippines |
WHEREAS, Nueva Ecija, has been designated since 1972 as a pilot province for land reform integrated development program with emphasis on land tenure improvement, institutional development, physical development, and agricultural development;
WHEREAS, as a part of this integrated approach to land reform, barrio General Ricarte of Llanera, Nueva Ecija, has also been chosen as the site for a pilot agricultural cooperative settlement;
WHEREAS, the implementation of the agricultural cooperative settlement will not only translate into reality the integrated approach to agrarian reform but will also substantially increase the farm family's income;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, do hereby order:
- The Secretary of Agrarian Reform to carry out a land consolidation scheme within the project area and allocate the farmlots as well as the homelots in accordance with the integrated development plan for this pilot projects;
- The Chairman of the Board of Trustees of the Land Bank and the President of the Land Bank to finance under any of the reorganized modes of settlement mentioned in P.D. No. 251 the acquisition of all landholdings within the project area; Provided, that the repayment to the Land Bank of the total cost thereof shall be amortized by General Ricarte Agricultural Cooperative and the tenant-farmers pursuant to P.D. No. 27 and other related decrees or orders; Provided, further, that in the retitling of the lands thus acquired such arrangement to be effected shall always give due regard to the rights conferred upon the tenant-farmers as owners of the land they till pursuant to P.D. No. 27.
SOURCE: CD ASIA