[ LETTER OF IMPLEMENTATION NO. 145, September 29, 1983 ]
WHEREAS, Letter of Instructions No. 1306 dated March 19, 1983, was issued, adopting the KKK Integrated Land Resource Management Program as part and parcel of the KKK strategy to transform and logged-over areas into Land Investment Trust packages through the financial instrumentation of such areas into equity issues to be known as Shares in Kabuhayan the redemption of which is fully guaranteed as to principal and returns by the Republic of the Philippines;
WHEREAS, Presidential Proclamation No. 2282 was issued on March 29, 1983, reclassfying certain portions of the public domain as agricultural land for specific conversion to agro-forestry uses consistent with the reforestation program of the government and the KKK Thrust of providing livelihood opportunities co a large segment of the rural poor under the management of the Ministry of Human Settlements;
WHEREAS, it is imperative to establish an operational framework within which the effective and integrated implementation of the KKK Integrated Land Resource Management Program may be effected.
NOW, THEREFORE, I,FERDINAND E. MARCOS, President of the Philippines, do hereby order and direct:
1. The implementation of .the guidelines, systems, and procedures relating to the Program as embodied in the Plan of Operations, as the same may be amended or supplemented from time to time.
2. The creation of a Joint Program Office and the Ministry of Human Settlements and the Ministry of Natural Resources to principally direct, supervise, and coordinate the implementation of the program.
3. The initial front-end investment of P200 million shall be provided to the program from the funds of the Human Settlements Development Corporation and/or from the 1983 budgetary allocation of the KKK/Project Development and Management Fund, recoverable from the revenues that the program will generate.
4. All agencies concerned shall exert their utmost in fulfilling the objectives of the Program, so as to achieve the desired results with maximum efficiency, economy and effectiveness.
DONE IN THE CITY OF MANILA, this 29th day of September, Nineteen Hundred and Eighty-Three.
(Sgd.) FERDINAND E. MARCOS
By the President:
(Sgd.) JUAN C. TUVERA
Presidential Executive Assistant