Designation and Description of the Information Technology Center
- The building known as Hanston Square is officially created and designated as an Information Technology Center.
- Hanston Square has an approximate gross floor area of 49,700 square meters.
- The designated area comprises parcels of land totaling approximately 2,060 square meters located at San Miguel Avenue, Ortigas Center, Pasig City, Metro Manila.
Land Parcels Technical Description and Boundaries
- The designation covers two specific parcels of land with titles TCT No. 64875 and TCT No. 64876, identified as Lot 13 and Lot 14, Block 4 of the consolidated subdivision plan (LRC Pcs-19795).
- These parcels are situated in the Barrio of Oranbo, Municipality of Pasig, Province of Rizal, Island of Luzon.
- Detailed boundary descriptions specify adjoining lots, streets, and points marked with geodetic survey markers, including bearings, distances, and adjacent landmarks.
- The surveys were originally conducted between April 1920 and February 1921, with a consolidating subdivision survey done in October 1975 by licensed Geodetic Engineer Carlos R. Angeles.
Survey Details and Geodetic Markers
- Key survey reference points use benchmarks such as BLLM No. 1 Wack-Wack.
- Boundaries are demarcated with PS cylindrical concrete monuments measuring 15x60 cm.
- The description includes precise compass bearings and distances, ensuring exact location identification.
Execution and Authentication
- The proclamation was executed by President Benigno S. Aquino III.
- It bears the signature of the President and the Executive Secretary, Paquito N. Ochoa, Jr., confirming official issuance.
- The document was signed in Manila on January 25, 2011, and includes the affixation of the seal of the Republic of the Philippines.
Legal Implications
- The designation as an Information Technology Center entitles Hanston Square to benefits and regulatory treatment under RA 7916 and its amendments.
- It designates the building and the specified land parcels as a Special Economic Zone specific to Information Technology activities.
- Subject to compliance with PEZA regulations and guidelines for economic zones, Hanston Square is recognized as an area promoting IT development and investment within Metro Manila.
This comprehensive explanation captures the creation, technical description, legal basis, and formal execution of Hanston Square's designation as an Information Technology Center under Philippine law.