Specific Property Details and Location
- The building designated as an Information Technology Center is located on a 1,857 square meter lot.
- The lot is identified as Lot 17, Block 12, Ortigas Avenue corner Roosevelt Street, Barangay Greenhills, San Juan City, Metro Manila.
- The technical description specifies boundaries, exact survey dates, bearings, and parcel information ensuring precise identification.
Authority and Recommendation
- The proclamation was created by the President of the Philippines, Benigno S. Aquino III, upon recommendation from the PEZA Board of Directors.
- The designation is subject to the provisions of RA No. 7916, its amended rules and prior PEZA resolutions ensuring regulatory compliance.
Scope and Effect
- The designation legally creates and recognizes the BTTC Center as a special Information Technology Center within the identified lot.
- This legal status enables the property to avail of PEZA incentives and privileges according to the Special Economic Zone Act and related rules.
Implementing Rules and Compliance
- The proclamation mandates compliance with RA No. 7916, its implementing rules and regulations.
- It also requires adherence to PEZA Resolutions No. 00-411 (2000), No. 11-066 (2011), and No. 11-235 (2011), which provide specific administrative and operational guidelines for IT centers.
Formal Execution and Authentication
- The Proclamation is executed with the official seal of the Republic of the Philippines.
- Signed by the President and attested by the Executive Secretary, formally effecting the designation on July 20, 2012, in Manila.
- The technical and legal details ensure due process and clear legal standing for the information technology center's designation.