CONFIRMING, APPROVING AND RATIFYING THE DEED OF ABSOLUTE SALE MADE BETWEEN THE PHILIPPINE VETERANS BANK REPRESENTED BY RICARDO A. BALBIDO, JR. HEREINAFTER REFERRED TO AS THE VENDOR AND THE MUNICIPALITY OF BULALACAO, ORIENTAL MINDORO REPRESENTED BY MAYOR ERNILO C. VILLAS HEREINAFTER REFERRED TO AS THE VENDEE FOR AND IN CONSIDERATION OF THE AMOUNT OF ONE MILLION FOUR HUNDRED NINETY SEVEN THOUSAND NINE HUNDRED EIGHTY FOUR PESOS (PHP1,497,984.00) AS PAYMENT FOR THE TWO (2) PARCELS OF LAND COVERED BY TRANSFER CERTIFICATE OF TITLE (TCT) NO. T-146 806 SITUATED IN BARANGAY POBLACION, BULALACAO, ORIENTAL MINDORO

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