Proclamation No. 884, s. 2014


Published: 2014-09-30

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Get a Day Pass for only USD$49.99.
MALACAÑAN PALACE

MANILA

BY THE PRESIDENT OF THE PHILIPPINES

PROCLAMATION NO. 884

CREATING AND DESIGNATING A BUILDING, LOCATED AT LOT 7, BLOCK 5, 32ND STREET, CITY CENTER NORTH, BONIFACIO GLOBAL CITY, TAGUIG CITY, AS AN INFORMATION TECHNOLOGY CENTER, PURSUANT TO REPUBLIC ACT NO. 7916, AS AMENDED BY REPUBLIC ACT NO. 8748

Pursuant to the powers vested in me, under Republic Act (RA) No. 7916, or the “Special Economic Zone Act of 1995,” as amended by RA No. 8748, and upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA), I, BENIGNO S. AQUINO III, President of the Philippines, do hereby create and designate a building, subject to the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, Resolution No. 00-411 (s. 2000), as amended by Resolution 11-006 (s. 2011), and Resolution No. 12-639 (s. 2012) of the PEZA Board of Directors, as an Information Technology (IT) Center, to be known as the One World Place, which stands on a parcel of land, located at Lot 7, Block 5, 32nd Street, City Center North, Bonifacio Global City, Taguig City, with an area of One Thousand Seven Hundred Ninety (1,790) square meters, more or less, as defined by the following technical description:

Lot 7

Pcs-00-012537

A parcel of land (Lot 7, Block 5 of the consolidation subdivision plan Pcs-00-012537, being a portion of Lots 1 to 4 of Block 18, Lot 1 to 4 of Block 19, Blocks 20, 22, 38 to 42, Lots 1 to 4 of Block 43, Lots 1 to 4 of Block 44, Blocks 48, 49, 65, Res. Access Lots 22 to 25, 27, 28, 41, 42, 46 and 47 all of Psd-00-046745; Lots 1 to 5 of Psd-00-053382; Lots 1 to 5 of Psd-00-053379; Lot 2 of Psd-00-055385; Lot 1 of Psd-00-058000; Res. Access Lots 40-A and 40-B of Psd-00-057864; Res. Access Lots 1 to 3 of Pcs-00-009913; Res. Access Lots 43-A and 43-B of Psd-00-058167; Res. Access Lot 39-A of Psd-00-058168 and Res. Access Lot 51-D of Psd-00-058169 L.R.C. Rec. No.) situated in the Barrio of Fort Bonifacio, Municipality (now City) of Taguig, Province of Metro Manila, Island of Luzon.

Bounded on the SE., along line 1-2 by Lot 6, Block 5 of the plan; on the SW., along lines 2-3-4-5 by Road Lot 26 of Pcs-00-011796; on the NW., along line 5-6 by Lot 8, Block 5 of the plan; on the NE., along line 6-1 by Lot 4, Block 5 (Res. Access Lot) of the plan;

Beginning at a point marked “1” on plan, being N. 37 deg. 52′ W., 3,666.34 m. from BLLM No. 1 , MCadm-590-D;

thence
S.
18
deg.
12′
W.,
49.25
m.
to point 2;

thence
N.
71
deg.
48′
W.,
19.42
m.
to point 3;

thence
N.
71
deg.
48′
W.,
8.03
m.
to point 4;

thence
N.
71
deg.
48′
W.,
8.90
m.
to point 5;

thence
N.
18
deg.
12′
E.,
49.25
m.
to point 6;

thence
S.
71
deg.
48′
E.,
36.35
m.
to point of

beginning; containing an area of One Thousand Seven Hundred Ninety (1,790) square meters, more or less. All points referred to are indicated on the plan and are marked on the ground by P.S. cyl. conc. mons. 15 x 40 cms.; Bearings true; date of original survey, September-December 1907 and that of the consolidation subdivision survey, 01-20 April 2008 and was approved on 04 August 2008.

IN WITNESS THEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed hereto.

DONE, in the City of Manila, this 30th day of September , in the year of our Lord, Two Thousand and Fourteen.

(Sgd.) BENIGNO S. AQUINO III

By the President:

(Sgd.) PAQUITO N. OCHOA, JR.
Executive Secretary

Related Laws