Law Summary
Legal Authority
- Legal Basis: This proclamation is issued pursuant to Republic Act No. 7916, known as the Special Economic Zone Act of 1995, which has been amended by Republic Act No. 8748.
- Authority Vested: The authority to create and designate the IT Park is vested in the President of the Philippines, Gloria Macapagal-Arroyo, upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA).
Designation of Land
- Designated Area: A parcel of land located at the corner of Epifanio Delos Santos Avenue and Quezon Avenue, Barangay Pinyahan, Diliman District, Quezon City, is designated as an Information Technology (IT) Park.
- Name of IT Park: The designated IT Park will be known as “Eton Centris.”
- Size: The area of the IT Park is specified as One Hundred Nineteen Thousand Seven Hundred Ninety-Three (119,793) square meters.
Technical Description
- Land Description: The land is defined by the technical description of Lot RP-3-B-3-A-1-A-2-B-5-J-2 TCT No. 62821.
- Boundaries: The legal boundaries of the designated land include:
- NE: Lot RP-3-B-3-A-1-A-2-B-5-A
- SE: Intersection of Epifanio Delos Santos Avenue and Quezon Avenue
- NW: Lot RP-3-B-3-A-1-A-2-B-5-J-1
- Survey Details:
- Original survey conducted from December 1910 to June 1911.
- Subdivision survey conducted on March 4, 1990.
Compliance and Regulations
- Applicable Regulations: The designation is subject to the provisions of Republic Act No. 7916, its implementing rules and regulations, and specific resolutions from the PEZA Board of Directors (Resolution No. 00-411 dated December 29, 2000, and Resolution No. 07-437 dated September 24, 2007).
- Implementation: All guidelines and procedures outlined in these regulations must be adhered to for the proper establishment and operation of the IT Park.
Signatory and Official Seal
- Execution: The proclamation is signed by President Gloria Macapagal-Arroyo and countersigned by Eduardo R. Ermita, the Executive Secretary.
- Seal Affixed: The official seal of the Republic of the Philippines is affixed to the document, signifying its authenticity and authority.
Key Takeaways
- Proclamation No. 1602 establishes "Eton Centris" as an IT Park in Quezon City under the authority of Republic Act No. 7916.
- The IT Park covers an area of approximately 119,793 square meters with specific boundaries and is subject to relevant laws and regulations.
- The proclamation is officially signed and sealed, indicating its legal effect and compliance with the Philippine government’s procedural requirements.