Legal Basis and Regulatory Framework
- The designation complies with RA 7916, its Implementing Rules and Regulations, and PEZA Board Resolutions No. 00-411 (December 29, 2000) and No. 06-255 (June 13, 2006).
- These provisions govern the creation and administration of special economic zones including Information Technology Centers.
Description and Location of the Property
- The property designated comprises a parcel of private land with an area of approximately 2,177.14 square meters.
- The land is identified as TCT No. 201307, Lot 1-A-2-B, Psd-00-035549, located in Barangay San Lorenzo, Municipality of Makati, Metro Manila.
- The boundaries are described in detail, including adjoining streets and lots: Tindalo Street on the southeast, Lot 1-A-2 on the southwest, Buendia Avenue (now Sen. Gil Puyat Avenue) on the northwest, and Lot 1-B on the northeast.
Technical Land Survey and Documentation
- The location and boundaries are supported by a technical description with exact bearings and measurements.
- The initial survey dates back to December 1923 to January 1924, with subdivision survey conducted on April 2, 1955, and approved on May 4, 1995.
- All points are marked on the ground, referencing the original survey markers for accuracy.
Official Presidential Proclamation and Effectivity
- The proclamation is signed by then-President Gloria M. Arroyo and Executive Secretary Eduardo R. Ermita.
- It was issued in Manila on March 23, 2007.
- The public declaration officially recognizes the building and site as an Information Technology Center eligible for benefits under the governing special economic zone laws.