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[G.R. No. 147511.March 24, 2003]

REYES vs. NHA

THIRD DIVISION

Gentlemen:

Quoted hereunder, for your information, is a resolution of this Court dated MAR 24 2003.

G.R. No. 147511 (Marina Z. Reyes, et al. vs. National Housing Authority.)

Acting on the: (a) Motion to Amend dated February 26, 2003, filed by counsel for petitioners, praying that paragraph 1 of the dispositive portion of the Decision of January 20, 2003 be amended as there appears to be a typographical error as the year "1997" should be "1977", the time when the property was taken by public respondent; and (b) the Motion for Reconsideration/Clarification dated March 3, 2003, filed by counsel for respondent, regarding the computation of interest imposed in the decision of this Court dated January 20, 2003 and the periods to be covered thereby, the Court resolves to:

(a)������������� GRANT the Motion to Amend dated February 26, 2003 filed by petitioners' counsel. The dispositive portion of the Decision is hereby AMENDED to read:

WHEREFORE, the appealed judgment is modified as follows:

1.���� Ordering respondent National Housing Authority to pay petitioners the amount of P1,218,574.35 with legal interest thereon at 12% per annum computed from the taking of the expropriated properties in 1977 until the amount due shall have been fully paid;

2.���� Ordering petitioners to pay the capital gains tax; and

3.���� Ordering petitioners to surrender to respondent National Housing Authority the owners' duplicate certificates of title of the expropriatedproperties upon full payment of just compensation.

SO ORDERED.

and

(b)������������� Require the petitioners to COMMENT on the Motion for Reconsideration/Clarification dated March 3, 2003 filed by respondent's counsel within ten (10) days from notice.

Very truly yours,

(Sgd.) JULIETA Y. CARREON
Clerk of Court


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