Law Summary
Legal Authority and Basis
- Proclamation issued by the President of the Philippines, acting under powers conferred by RA No. 7916, as amended.
- Recommendation by the Board of Directors of the Philippine Economic Zone Authority (PEZA).
- Incorporates provisions from PEZA Board Resolutions No. 07-232 (2007), No. 09-193 (2009), and No. 11-423 (2011).
Specific Parcel Description and Boundaries
- Parcel named Lot D-1-B Psd-227910, TCT No. 45714.
- Situated in Barangay Tuntungin, Los Baños, Laguna.
- Detailed metes and bounds provided, including coordinates and distances between boundary points.
- Natural boundaries include Maitim River and Bagambula River.
- Adjoining lots are clearly identified and described.
Land Area and Technical Description
- Exact size specified as six hundred eight thousand four hundred ninety-eight (608,498) square meters, more or less.
- Precise technical description includes direction and length of boundary lines.
- Beginning point referenced with relation to Bureau of Lands Monument No. 1, Municipality of Los Baños.
Compliance and Implementation
- The designation is subject to the provisions of RA No. 7916 as amended.
- Implementing Rules and Regulations of RA No. 7916 must be followed.
- Compliance with PEZA resolutions applicable to this economic zone.
Formalization and Authority Signatories
- Proclamation signed by the President of the Philippines, BENIGNO S. AQUINO III.
- Certified and signed for by the Executive Secretary, PAQUITO N. OCHOA, JR.
- Seal of the Republic of the Philippines affixed to formalize the proclamation.
- Date of effect corresponds to November 12, 2015, with official documentation made in Manila.