Title
Creation of Uptown Bonifacio IT Park
Law
Proclamation No. 669
Decision Date
Oct 14, 2013
Proclamation No. 669 designates specific parcels of land in Barangay Fort Bonifacio, Taguig, Metro Manila as an IT Park, providing a designated location for technology-related businesses and activities, with detailed technical descriptions and measurements for accurate identification and delineation of each lot.

Law Summary

Area and Location

  • The IT Park is known as "Uptown Bonifacio."
  • It encompasses an area of approximately 144,613.58 square meters.
  • The parcels are situated within Barangay Fort Bonifacio, Taguig City, Metro Manila, Island of Luzon.

Basis for Designation

  • The designation is upon the recommendation of the PEZA Board of Directors.
  • It is subject to the laws and regulations governing special economic zones and IT parks under RA 7916, its amendments, and PEZA resolutions.

Specific Parcels Included

  • The proclamation identifies multiple lots and blocks, each with specific technical and survey descriptions, including boundaries, area in square meters, and official survey details.
  • Each parcel is described with reference to technical plans, consolidation and subdivision plans, survey dates, and precise metes and bounds.
  • Parcels include, but are not limited to, Lots 1 to 4, Blocks 22 to 31 and several Reserved Access Lots.
  • The detailed delineation follows cadastral or technical descriptions, ensuring exact identification and legal demarcation.

Legal and Survey References

  • Each parcel lists Transfer Certificate of Title (TCT) numbers.
  • Technical survey plans (e.g., consolidation-subdivision plans Pcs-00-009459) and dates of original and consolidated surveys are provided.
  • Survey monuments and bearings are indicated as references for physical demarcation.

Effect of Proclamation

  • The designated parcels of land become officially recognized as an IT Park under the jurisdiction and regulation of PEZA.
  • This enables qualifying IT enterprises to avail themselves of the incentives and benefits provided under RA 7916 and subsequent amendments.

Compliance and Administration

  • The IT Park operation and development are subject to PEZA Board’s rules, resolutions, and guidelines.
  • The parcels’ usage and development must comply with zoning requirements and other applicable laws.

Execution and Authentication

  • The proclamation is signed by the President of the Philippines and the Executive Secretary.
  • It bears the seal of the Republic of the Philippines.
  • The date of effectivity is October 14, 2013, as the date of approval and signing.

This summary captures and organizes the core legal provisions regarding the creation and designation of the Uptown Bonifacio IT Park in Taguig City under Proclamation No. 669, incorporating all critical legal, technical, and administrative details.


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