NATIONAL GRID CORPORATION OF THE PHILIPPINES, v. THE CENTRAL BOARD OF ASSESSMENT APPEALS, THE LOCAL BOARD OF ASSESSMENT APPEALS OF CABANATUAN CITY, and HEIDE D. PANGILINAN, in her official capacity as the CITY ASSESSOR OF CABANATUAN CITY,

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY ENBANC NATIONAL GRID CORPORATION CTA EB CASE NO. 1052 OF THE PHILIPPINES, (CBAA Case No. L-120 LBAA Case No. 2011-001 Petitioner, City of Cabanatuan) -versus- THE CENTRAL BOARD OF ASSESSMENT APPEALS, THE LOCAL BOARD OF ASSESSMENT APPEALS OF CABANATUAN CITY, -and HEIDE D. PANGILINAN, in her official capacity as the CITY ASSESSOR OF CABANATUAN CITY, Respondents. x--------------------------------------------------x NATIONAL GRID CORPORATION CTA EB CASE NO. 1053 OF THE PHILIPPINES (NGCP), (CBAA Case No. L-121 LBAA Case No. 2011-002 Petitioner, City of Cabanatuan) -versus- Present: DEL ROSARIO, P]. CENTRAL BOARD OF ASSESSMENT CASTANEDA, JR., APPEALS, THE LOCAL BOARD OF BAUTISTA, ASSESSMENT APPEALS OF UY, CABANATUAN CITY, CASANOVA, -and FABON-VICTORINO, MINDARO-GRULLA, FLORIDA R. OCA, in her official COTAN GCO-MANALASTAS, capacity as the CITY TREASURER OF RINGPIS-LIBAN,]j. CABANATUAN CITY, Promulgated: Respondents. MAY 11 2015 ;:Jif-74:~/~~

Resolution CTA EB Case Nos. 1052 & 1053 Page 2 of3 ){- -- - - - - - - - - - - - - - - - -- - - - -- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ){ RESOLUTION CASANOVA,].: This resolves petitioner-National Grid Corporation of the Philippines' (NGCP) Motion for Reconsideration of the Decision dated 28 January 2015, filed on March 3, 2015, with respondents' Comment filed on April15, 2015. We have carefully perused the Motion for Reconsideration and find no valid or compelling reason to grant the same. The arguments raised by petitioner in the said Motion are mere restatements or rehash of the arguments raised in its Petitions for Review and Memoranda (for CTA EB Case No. 1052 and 1053). The Motion does not raise any new, cogent or substantial ground to warrant reconsideration of this Court's Decision dated January 28, 2015. WHEREFORE, petitioner's Motion for Reconsideration of the Decision dated 28 January 2015, is hereby DENIED for lack of merit. SO ORDERED. ~ CAESAR A. CASANOVA Associate Justice WE CONCUR: (I maintain m}<:oncurring ~h>C.~o-4 Q and Dissenting Opinion) rffANITO C. CASTANEDK, tf{. ROMAN G. DEL ROSARIO Associate Justice Presiding Justice

Resolution CTA EB Case Nos. 1052 & 1053 Page 3 of3 LOVELL ERL~Y Assoc� Associate Justice ~~4M~~ ..G~ CIELITO N. MINDARO-GRULLA Associate Justice (On Official Business) ~� ~ ~-- "-. AMELIA R. COTANGCO-MANALASTAS MA. BELEN M. RINGPIS-LIBAN Associate Justice Associate Justice