EXCLUDING FROM THE OPERATION OF PROCLAMATION NO. 435, DATED JANUARY 23, 1932, WHICH ESTABLISHED THE LOO SETTLEMENT FARM SCHOOL RESERVATION, NOW THE LOO NATIONAL VOCATIONAL SCHOOL RESERVATION, SITUATED IN THE MUNICIPALITY OF BUGUIAS, BENGUET, MOUNTAIN PROVINCE, ISLAND OF LUZON, CERTAIN PARCELS OF THE LAND EMBRACED THEREIN AND RESERVING THE SAME FOR MUNICIPAL SITE PURPOSES OF THE SAID MUNICIPALITY.