Designation of Fiesta World Mall IT Center

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PROCLAMATION NO. 842: Designation of Fiesta World Mall IT Center

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Title Source: Supreme Court: Designation of Fiesta World Mall IT Center

Law: Proclamation No. 842

Decision Date: Aug 8, 2014

Proclamation No. 842 designates a building in Lipa City, Batangas as an Information Technology Center, based on the powers vested in the President by the Special Economic Zone Act of 1995, with detailed technical descriptions of the two parcels of land on which the center is located.

Law Summary

Designation of the Information Technology Center

A building located at Barangay Marauoy, Lipa City, Batangas is officially designated as an Information Technology (IT) Center.
The designated IT Center shall be known as the Fiesta World Mall IT Center.

Description and Location of the Property

The IT Center is situated on two parcels of land in Barangay Marauoy, Lipa City, encompassing approximately 52,812 square meters.

Details of Parcel Lot 12928-C-1-A

This parcel is part of Lot 12928-C-1, subdivision plan Psd-04-092615.
Geographical boundaries are meticulously described, with reference points and bearings provided.
The area measures 12,810 square meters.
Survey details include dates from 1925 to 1930 for the original survey and June 1996 for the subdivision survey.

Details of Parcel Lot 12928-C-2

This parcel belongs to Lot 12928-C-2, subdivision plan Psd-04-042779.
The extensive boundaries include neighboring lots, roads, and detailed coordinates with bearings.
The area measures 40,002 square meters.
Survey dates include original surveys from 1925 to 1930, subdivision survey on June 4, 1990, and approval on June 26, 1990.

Implementation and Effectivity

The Proclamation takes effect upon the affixing of the official seal and signature of the President of the Philippines.
It is executed in Manila as of August 8, 2014.

Key Legal Instruments Cited

Republic Act No. 7916 (Special Economic Zone Act of 1995), as amended by Republic Act No. 8748.
PEZA Board Resolutions Nos. 00-411 (2000, amended 2011) and 09-269 (2009, amended).
Technical descriptions follow surveying standards and references.

This Proclamation formally creates an IT Center within a designated economic zone, enabling incentives and regulatory adherence under Philippine law to foster IT-related business activities within the specified property.

END