Creation of IT Center at 1 Julia Vargas, Pasig

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PROCLAMATION NO. 1718: Creation of IT Center at 1 Julia Vargas, Pasig

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Title Source: Supreme Court: Creation of IT Center at 1 Julia Vargas, Pasig

Law: Proclamation No. 1718

Decision Date: Jan 30, 2009

Proclamation No. 1718 designates a building in Pasig City as an Information Technology Center, based on the powers vested in the President under Republic Act No. 7916, as amended by Republic Act No. 8748, with the technical descriptions of the land provided.

Law Summary

Legal Framework and Authority

Authority is based on Republic Act No. 7916, Special Economic Zone Act of 1995, and its amendments.
Implementing Rules and Regulations apply, along with relevant Philippine Economic Zone Authority (PEZA) Board Resolutions (00-411, 07-586, and 08-567).
The designation is pursuant to the recommendation of the PEZA Board of Directors.

Technical Description of the Land

The designated area consists of parcels of land from Lot 5 (LRC) Pcs-14655 and Lot 4-B (LRC) Psd-196208 located in Barrio Ugong, City of Pasig.
Total area covers approximately 3,190.57 square meters.
The land is bounded and described with precise bearings and distances, supported by technical surveys done by Geodetic Engineer Patricio C. Cabalo.

Boundaries and Survey Information

Specific boundaries include adjoining lots in all directions with exact compass bearings and distances.
Survey dates range from April 28, 1920, to February 21, 1922.
Boundary points are marked on the ground with new Philippine Survey (P.S.) markers.

Official Execution

The proclamation is signed and sealed by the President of the Philippines and the Executive Secretary.
It was executed in Manila on January 30, 2009.

This proclamation formally incorporates the said building into the economic zone framework as an Information Technology Center, thereby qualifying it for incentives and regulatory benefits under R.A. 7916 and its amendments.

END