Title
Designation of UnionBank Plaza as IT Building
Law
Proclamation No. 900
Decision Date
Aug 25, 2005
Proclamation No. 900 designates the UnionBank Plaza building in Ortigas Center, Pasig City as an Information Technology Building in accordance with the Special Economic Zone Act, granting it special privileges and benefits.
A

Designation of UnionBank Plaza as an Information Technology Building

  • The UnionBank Plaza building is officially created and designated as an Information Technology Building.
  • The building is located at Meralco Avenue Corners Onyx and Sapphire Streets, Ortigas Center, Oranbo, Pasig City.
  • The designation subjects the building to the provisions of Republic Act No. 7916, its Implementing Rules and Regulations, and specific PEZA Board Resolutions (Nos. 00-411 and 03-348).

Technical Description and Location of the Property

  • The property covers approximately 2,093 square meters.
  • It is identified as Lot 6 Block 2 PSD-105493 TCT 492675.
  • Situated within the area formerly known as Municipality of Pasig, Province of Rizal, Island of Luzon.
  • Bounded by specific road lots and adjacent parcels as enumerated with directional bearings and distances.
  • The land survey was originally conducted between 1920-1921, with a subdivision survey carried out from May 5-22, 1969.
  • All boundary markers are properly installed and identified with concrete monuments.

Legal Effect and Issuance

  • The proclamation officially takes effect on August 25, 2005, upon signature by the President of the Philippines.
  • The Executive Secretary countersigned the document, indicating governmental approval and enforcement authority.
  • The official seal of the Republic of the Philippines is affixed to signify authenticity and legal validity.

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