Question & AnswerQ&A (Republic Act No. 7197)
The main purpose of Proclamation No. 1567 is to create and designate the St. Francis Information Technology Center located at Araneta Street, Singcang, Bacolod City, as an Information Technology Center pursuant to Republic Act No. 7916 as amended by Republic Act No. 8748.
It is designated under Republic Act No. 7916, otherwise known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748.
The President of the Philippines, pursuant to the powers vested under RA No. 7916 as amended, has the authority to create and designate Information Technology Centers.
The recommendation was provided by the Board of Directors of the Philippine Economic Zone Authority (PEZA).
The designation is subject to RA No. 7916 as amended, its Implementing Rules and Regulations, Board Resolution No. 00-411 dated December 29, 2000, as amended by Resolution No. 05-341 dated September 29, 2005, and Resolution No. 06-257 dated June 13, 2006 of the PEZA Board of Directors.
The St. Francis IT Center stands on three parcels of land at Araneta Street, Singcang, Bacolod City, with an aggregate area of approximately 3,238 square meters.
The parcels of land are of private domain, meaning they are privately owned.
Lot 4, Block 3 is bounded on the Northeast by Lot 5, Block 3; Southeast by Lot 3, Block 3; Southwest by Lot 1, Block 3; and Northwest by Road Lot 1, all part of the subdivision plan Psd-40307.
The references include bearings true, declination 1 degree 20' East, and surveys dated from March 1913 - March 1914 (original) and July 1 - August 3, 1953 (subdivision survey).
The proclamation was signed by Executive Secretary Eduardo R. Ermita on behalf of President Gloria M. Arroyo.