Legal Authority and Governing Rules
- The power to create and designate the Information Technology Center is vested in the President of the Philippines under RA 7916 and its amendments.
- This proclamation is subject to the provisions of RA 7916, its Implementing Rules and Regulations, and specific PEZA Board Resolutions (No. 00-411 dated December 29, 2000, and No. 07-206 dated May 7, 2007).
Description and Location of the Property
- The designated building is situated on two parcels of land with a total area of 3,612 square meters, more or less.
- The land is identified as Lot 2, Pcs-00-011927 under Transfer Certificate of Title (TCT) No. 200906.
- The property is located within Barangay San Lorenzo, Makati City, Metro Manila, Philippines.
- It is bounded by Lot 3 and street lots (including Dela Rosa Street) with precise boundary lines and bearings described in detail.
Technical Survey and Boundary Details
- The original survey was conducted between December 10, 1923 and January 9, 1924, and bearings are true.
- A consolidated subdivision survey took place on May 3, 2006, and was approved on November 2, 2006.
- Boundaries are marked on the ground by Philippine Survey markers, specifically PS cylindrical concrete monuments measuring 15x40 cm.
Effectivity and Official Endorsements
- The proclamation was signed by then-President Gloria M. Arroyo and Executive Secretary Eduardo R. Ermita.
- It was executed in Manila on August 5, 2008, and carries the official seal of the Republic of the Philippines.
- The designation legally establishes the building as an Information Technology Center, making it subject to relevant economic zone benefits, regulations, and incentives under PEZA rules and RA 7916 as amended.