Law Summary
Creation and Designation of the IT Center
- Legal Basis: This proclamation is made pursuant to Republic Act No. 7916 (Special Economic Zone Act of 1995), as amended by Republic Act No. 8748.
- Authority: The proclamation is issued under the authority vested in the President of the Philippines, Benigno S. Aquino III, upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA).
- Designation: A building located along EDSA, Munoz, Quezon City, is designated as an Information Technology (IT) Center.
Description of the IT Center
- Name: Jackman Plaza I.T. Center.
- Gross Floor Area: 15,322.25 square meters.
- Land Area: The IT Center is situated on two parcels of land with an aggregate area of 2,249.30 square meters.
Technical Description of the Land
Parcel 1:
- Designation: Lot 4, Block B-7, Bsd-20171.
- TCT No.: N-237550.
- Area: 1,499.50 square meters.
- Location: Barangay Ramon Magsaysay, Diliman (now Bago Bantay), Quezon City.
- Boundaries:
- NE: Lots 11 and 12, Block B-7.
- SE: Lot 5, Block B-7.
- SW: Lot R.P. 3-B-4-B-7.
- NW: Lot 3, Block B-7.
Parcel 2:
- Designation: Lot 5-A, Psd-75159.
- TCT No.: N-237551.
- Area: 749.80 square meters.
- Location: Same as Parcel 1.
- Boundaries:
- SW: Epifanio de los Santos (Highway 54).
- W: Lot 4, Block B-7.
- NE: Lot 12, Block R-6.
- E: Lot 5-B.
Governing Provisions
- Implementing Rules and Regulations: The IT Center's designation is subject to the provisions of RA No. 7916, its Implementing Rules and Regulations, and various resolutions from the PEZA Board of Directors:
- Resolution No. 00-411 (s. 2000).
- Resolution No. 11-066 (s. 2011).
- Resolution No. 15-240 (s. 2015).
- Resolution No. 15-181 (s. 2015).
Witness and Seal
- Signatories:
- Signed by President Benigno S. Aquino III.
- Attested by Executive Secretary Paquito N. Ochoa, Jr.
- Date and Place: Executed in the City of Manila on November 12, 2015.
Key Takeaways
- The proclamation establishes the Jackman Plaza I.T. Center, which is recognized under the Special Economic Zone Act.
- It provides detailed technical descriptions of two parcels of land, ensuring clarity on the area and boundaries.
- The IT Center is subject to multiple resolutions of the PEZA Board, highlighting its regulatory framework.