Legal Basis and Authority
- The power to create and designate the Information Technology Center is vested in the President of the Philippines, based on RA 7916 and its amendments.
- The designation follows recommendations from the Philippine Economic Zone Authority (PEZA) Board of Directors.
Description of the Property
- The designated building is named "Kayumanggi Center."
- It has a gross floor area of 10,203.62 square meters.
- It stands on a parcel of land measuring approximately 2,819 square meters.
- The land is identified as Portion of Lot 795-B-2-B-3, Psd-34942 and Lot 795-B-2-A, Psd-25855, situate in Barangay Matandang Balara, Quezon City.
Technical and Geographical Boundaries
- The proclamation provides a detailed technical description of the land boundaries using bearings, distances, and references to adjoining lots and landmarks.
- Boundaries include Don Mariano Marcos Avenue along the southeast, Luzon Avenue along the southwest, and adjoining lots on the north and northeast.
Compliance Requirements
- The building and its designation are subject to the provisions of RA 7916, its Implementing Rules and Regulations, and specific PEZA Board Resolutions (00-411, 11-066, 15-240, 13-374).
- These rules govern the operation and management of economic zones and IT centers, ensuring compliance with economic and regulatory policies.
Legal Effect and Execution
- The proclamation is signed by the President and countersigned by the Executive Secretary.
- The affixing of the seal of the Republic of the Philippines signifies the official and binding character of the designation.
- This formalizes the building’s status as an authorized Information Technology Center under Philippine law.