Republic of the Philippines

CENTRAL BOARD OF ASSESSMENT APPEALS Manila

PETRON CORPORATION,

Petitioner-Appellant,

– versus –

CBAA CASE NO. L-71 THE LOCAL BOARD OF
ASSESSMENT APPEALS OF THE PROVINCE OF BATAAN,
Appellee,

– and –

THE MUNICIPALITY OF LIMAY, BATAAN, MS. JOCELYN B. LINAO, in her capacity as MUNICIPAL ASSESSOR, HON. NELSON C. DAVID, in his capacity as MUNICIPAL MAYOR and ENGR. RICARDO C. HERRERA, in his capacity as OIC-PROVINCIAL ASSESSOR, PROVINCE OF BATAAN,
Respondents-Appellees. x – – – – – – – – – – – – – – – – – – – – – – – – – – – x

RESOLUTION

Before this Board is a Motion for Reconsideration filed by Respondent-

Appellee, praying for the setting aside of this Board’s Resolution of March 5,

2007, on the above-entitled case and affirming the order of the Local Board of

Assessment Appeals of the Province of Bataan. This Board disposed of said

case as follows:

“WHEREFORE, the Order appealed from is hereby Set Aside and Reversed. The Local Board of Assessment Appeals of the Province of Bataan is hereby Ordered to approve and allow Petitioner-Appellant, Petron Corporation, to post a surety bond in lieu of a deposit in cash on subject realty tax and proceed with the main case: The February 2, 2006 Appeal on the Revised Assessment of Real Properties of Petron Corporation.

SO ORDERED.”

This Board has carefully gone over said Motion for Reconsideration but

has found no substantial argument therein to justify the setting aside of this

Board’s Resolution thereto nor warrant a modification thereof. With finality

therefore, the herein Motion for Reconsideration is hereby denied for lack of

merit.

Reference: Book XIII, pp. 10-11

SO ORDERED.

Manila, Philippine, June 19, 2007.

(Signed) CESAR S. GUTIERREZ
Chairman

(Signed)
ANGEL P. PALOMARES Member

(Signed) RAFAEL O. CORTES
Member

Reference: Book XIII, pp. 10-11