Law Summary
Designation of the Property as Information Technology Building
- The Robinsons Place Novaliches IT Building is officially designated as an Information Technology (IT) Building.
- It is subject to the provisions of Republic Act No. 7916, its Implementing Rules and Regulations, and PEZA Board Resolutions Nos. 00-411 and 04-211.
Location and Description of the Property
- The IT Building is located at 1199 Quirino Highway corner Maligaya Road, Barangay Pasong Putik, Novaliches, Quezon City.
- The property is a parcel of private domain land with a total area of approximately 104,474 square meters.
Technical Land Description - Lot 2, TCT No. N-260552
- Lot 2 covers about 84,981 square meters and is described with detailed boundary marks and bearings.
- It consists of portions from previously consolidated and subdivided lots as per official surveys and geodetic engineering plans dated 2002 and approved in 2003.
- Detailed metes and bounds specify boundaries with adjacent lots and notable features including National Road.
- Physical markers (concrete monuments) define the corners and boundary points.
Technical Land Description - Lot 587, TCT No. 124245
- Lot 587 covers about 19,493 square meters and also has detailed boundary descriptions.
- It is part of Tala Estate in Novaliches, Quezon City.
- Boundaries are precisely defined with reference to adjoining lots through lines with bearings and distances.
- Survey dates date back to the early 20th century with detailed points marked for clarity.
Legal Effect and Implementation
- The designation confers the status of IT Building subject to related laws and PEZA regulations.
- This enables the building and its operations to avail of incentives and benefits under the Special Economic Zone Act and its amendments.
Certification and Execution
- The proclamation is signed by the President and countersigned by the Executive Secretary.
- Seal of the Republic of the Philippines is affixed, conferring formal and legal effect.
- Date of effectivity is December 7, 2004, at Manila.
This proclamation establishes special status for the Robinsons Place Novaliches IT Building as an Information Technology Building, defining its precise geographical boundaries and legal framework for its operation within the Philippine Economic Zone framework.