WHEREAS, a Fast Track Build-Operate-Transfer ( œBOT ) Agreement was entered into by the National Power Corporation ( œNAPOCOR ) and First Private Power Corporation ( œFPPC ) to construct a 215-megawatt Bunker-C-fired diesel-driven power generating plant in Barrio Payocpoc Sur, Bauang, La Union;

WHEREAS, this Fast Track BOT Project is being undertaken under the Government ™s declared policy of adopting effective measures to address the electric power crisis in the country as enunciated in Republic Act No. 7648, otherwise known as the œElectric Power Crisis Act ;

WHEREAS, the lands acquired by NAPOCOR where the BOT power plant project will be erected are unregistered and have no certificates of title;

WHEREAS, under Presidential Decree No. 1529 known as the œProperty Registration Decree , the President has the power to order the relevant government agencies to conduct an immediate cadastral registration proceedings, settlement and adjudication over the lands involved when the public interest so requires;

NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby order:

Section 1. Cadastral Survey. The Lands Management Bureau shall conduct an immediate cadastral survey over the lands in Barrio Payocpoc Sur, Bauang, La Union involved in the aforementioned fast track electric power BOT project in accordance with Section 35 Presidential Decree No. 1529.

Section 2. Proceedings. The Office of the Solicitor General shall immediately institute necessary cadastral proceedings before the proper courts for and on behalf of NAPOCOR and shall secure the appropriate order for the registration of the lands involved therein.

Section 3. Registration. The Land Registration Authority shall issue the corresponding decree of registration and certificate of title in favor of NAPOCOR on the lands involved in the foregoing cadastral proceedings, and shall transmit the same immediately for entry in the registration book of the proper Register of Deeds where the lands involved are situated.

Section 4. Effectivity. This Order shall take effect immediately.

DONE in the City of Manila, this 22nd day of September, in the year of Our Lord nineteen hundred and ninety three.

(Sgd.) FIDEL V. RAMOS
President of the Philippines

By the President:
(Sgd.) TEOFISTO T. GUINGONA, JR.
Executive Secretary