QuestionsQuestions (PROCLAMATION NO. 900)
Republic Act No. 7916 (Special Economic Zone Act of 1995), as amended by Republic Act No. 8748.
The Board of Directors of the Philippine Economic Zone Authority (PEZA).
It is created and designated as an Information Technology Building.
PEZA Board Resolutions Nos. 00-411 and 03-348 dated 29 December 2000 and 22 December 2003, respectively.
It indicates that the designation and its effects are subject to the framework and requirements set in the IRR of RA 7916.
At Meralco Avenue corners Onyx and Sapphire Streets, Ortigas Center, Oranbo, Pasig City.
A 2,093-square meter lot, more or less.
Lot 6, Block 2; PSD-105493; TCT 492675; also described as a portion of Lot 4, Pcs-3488.
To precisely identify and demarcate the exact parcel of land being designated as the IT building site.
That the IT-building designation and its benefits/operations must comply with RA 7916 and its amendments, including conditions and limitations.
Gloria Macapagal-Arroyo (President) and Eduardo R. Ermita (Executive Secretary).
The proclamation is dated August 25, 2005; the citation indicates 101 OG No. 43, 7451 dated October 24, 2005 (publication reference).
It references Lot 6, Block 2 of LRC Psd-105493 (sheet 1), describes that it is a portion of Lot 4, Pcs-3488, and lists boundaries by road lots and adjacent lots using points 2 to 3, etc.
To provide a measurable and verifiable legal description of the property boundaries so the exact area designated can be located on the ground and on official plans.