REPUBLIC ACT No. 1298
An Act Authorizing the Construction of the Marikina Multi-Purpose Project, Authorizing the Marikina Project Coordinating Committee to Serve as the Implementing Agency of This Project, Authorizing Financing by Entities Concerned of Their Share of the Cost of This Project; and Authorizing the Construction of the Ilog River Multi-Purpose Project, and Fertilizer Plant, and Financing of the Same, After the Completion of the Necessary Investigation and Study of These Projects, and for Other Purposes
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1
The construction of the Marikina River Multi-Purpose Project is hereby authorized for the following purposes: To regulate and control floods caused by the Marikina River; to provide storage of the flow of the Marikina River and the use of such stored waters for the irrigation of agricultural lands in the Marikina Valley; the increase of the industrial and municipal water supply of Manila and its environs; and the generation and transmission of electric power and energy.
Section 2
The irrigation and flood control phases of this multi-purpose project shall be handled by the Bureau of Public Works; the water supply phase by the Metropolitan Water District; and the power phase by the National Power Corporation. Each of these entities shall be responsible for the construction and subsequent operation of the works under their respective jurisdictions, subject to coordination provided for in section three hereof.
Section 3
The Coordinating Committee shall, after the completion of the construction of the multi-purpose project, prescribe such rules and regulations as are necessary for the efficient operation and maintenance of the multi-purpose works, define the responsibilities of each participating entity with respect thereto, including the appropriation, delivery and use of the stored waters for the generation of power, industrial and municipal water supply, irrigation, flood control, or other uses.
Section 4
They are also authorized to borrow from proceeds of sale of bonds under Republic Act Numbered One thousand, the peso funds corresponding to their share of the project cost.
Section 5
The construction of the Ilog River Multi-Purpose Project and a Fertilizer Plant, upon completion of the necessary investigation and design of these projects, is also hereby authorized for the following purposes: To regulate and control floods caused by the Ilog River; to provide storage of the flow of the Ilog River and the use of such stored water for the irrigation of agricultural lands in the vicinity of this river; and the generation and transmission of electric power and energy for the fertilizer plant; and for the manufacture of fertilizer.
Section 6
The irrigation and flood control phases of this multi-purpose project shall be handled by the Bureau of Public Works; and the power phase by the National Power Corporation. Each of these entities shall be responsible for the construction and subsequent operation of the works under their respective jurisdictions, subject to coordination provided for in section seven hereof. The construction and subsequent operation of the Fertilizer Plant shall be the sole responsibility of the National Power Corporation.
Section 7
For the proper coordination of the activities of the different entities concerned in the Ilog River Multi-Purpose Project, the Multi-Purpose Committee created under Administrative Order Numbered Sixty-five of September twenty-seven, nineteen hundred fifty-four is hereby authorized to serve as the implementing agency of this project.
Section 8
It is also authorized to borrow from proceeds of the sale of bonds under Republic Act Numbered One thousand the peso funds corresponding to its share of the cost of the multi-purpose project and of the fertilizer plant.
Section 9
This Act shall take effect upon its approval.
Approved: June 16, 1955.
For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.