Designation of IT Buildings
- Official creation and designation of two buildings as Information Technology Buildings.
- Buildings named Riverbanks Center ICT Building I and II.
- Located at Riverbanks Center, A. Bonifacio Avenue, Barangka, Marikina City.
Size and Aggregate Land Area
- Riverbanks Center ICT Building I has an area of 5,190 square meters.
- Riverbanks Center ICT Building II spans 12,000 square meters.
- Total aggregate land area comprising both buildings is approximately 17,343 square meters.
Specific Location and Technical Descriptions
- Riverbanks Center ICT Building I:
- Situated at Lot No. 3-B Psd-00-066714.
- Identified as a portion of Lot 3 (LRA) Pcs-31486, L.R.C. Record No. 7672.
- Located in Barangay Barangka, City of Marikina, Metro Manila.
- Lot boundaries precisely described with bearings and lines.
- Area of approximately 2,676 square meters.
- Riverbanks Center ICT Building II:
- Located at Lot No. 2 Pcs-00-011289.
- A consolidation of Lots 1-A and 1-B, Psd-00-055453, L.R.C. Record No. 7672.
- Situated in Barangay Barangka, City of Marikina, Metro Manila.
- Detailed bounding lines and bearings provided.
- Area of approximately 14,667 square meters.
Survey and Markings
- Both lots surveyed originally between December 1910 and June 1911 (Marikina Estate).
- Subdivision and consolidation surveys approved in November 2004.
- Survey monuments marked by Philippine Surveyors' cylindrical concrete mohons (15 x 60 cm).
Formalization
- Presidential proclamation signed by President Gloria Macapagal-Arroyo dated January 28, 2005.
- Seal of the Republic of the Philippines affixed.
- Authentication by Executive Secretary Eduardo R. Ermita.
The law effectively establishes specific premises as designated IT Buildings subject to provisions of the Special Economic Zone Act, facilitating regulated IT zone incentives and governance by the Philippine Economic Zone Authority.