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January 18, 2017

To The City Assessor


City Assessors Office
City of Gensan

Maam/Sir:

Greetings!

We are forwarding this letter request to your good office for a reassessment of
the fair market value of our property, classified as commercial machinery,
located at Labangal, Gensan City which is covered by Tax Declaration Number
TD-266720.

The current assessment of the said property is peg at Php 2,163,200.00. This
valuation is way above the actual amount of the property. We kindly ask your
esteemed office to reconsider the existing valuation.

We are really hoping that your office will grant this request. Thank you and
God speed!

June Louis T. Tan


Chief Operating Officer
Velox Energy Philippines Corporation

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