MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ PROCLAMATION NO. 765, January 24, 2005 ]

CREATING AND DESIGNATING A BUILDING, KNOWN AS JY SQUARE INFORMATION TECHNOLOGY (IT) CENTER, WHICH WAS ESTABLISHED ON SEVERAL PARCELS OF LAND LOCATED ALONG SALINAS DRIVE, LAHUG, CEBU CITY, AS INFORMATION TECHNOLOGY BUILDING PURSUANT TO REPUBLIC ACT NO. 7916, AS AMENDED BY REPUBLIC ACT NO. 8748

Pursuant to the powers vested in me under Republic Act No. 7916, otherwise known as the Special Economic Zone Act of 1995, as amended by Republic Act No. 8748, and upon recommendation of the Board of Directors of the Philippine Economic Zone Authority, I, GLORIA MACAPAGAL-ARROYO, President of the Philippines, by virtue of the powers vested in me by law, do hereby create and designate as Information Technology Building, subject to the provisions of Republic Act No. 7916, as amended, its Implementing Rules and Regulations, and Resolution Nos. 00-411 and 04-155 dated 29 December 2000 and 26 May 2004, respectively, of the PEZA Board of Directors, the JY SQUARE IT CENTER, which was established on several parcels of land on the private domain, located along Salinas Drive, Lahug, Cebu City, with an area of EIGHT THOUSAND EIGHT HUNDRED (8,800) SQUARE METERS, more or less, as defined by the following technical descriptions:

Lot 2-C-1
Psd-271949
TCT No. 69481

A parcel of land (Lot 2-C-1, of the subdivision plan (LRC) Psd-271949, being a portion of Lot 2-C, (LRC) Psd-268773, L.R.C. Record No. 5988), situated in the City of Cebu, Island of Cebu.

Bounded on the SE., and SW., points 1 to 3 by Lot 2-C-2, of the subdivision plan; on the NW., and N., points 3 to 10 by Lot 1, (LRC) Pcs-21568; and on the NE., points 10 to 11 and 11 to 1 by property of San Jose dela Montaña St.

Beginning at a point marked "1" on plan, being N. 0 deg. 57’ W., 1123.97 m. from Mon. 5, Banilad Estate:

thence S. 24. deg. 47’ W.,  46.00 m. to point 2;

thence N. 66. deg. 31’ W.,  87.84 m. to point 3;

thence N. 33. deg. 12’ E.,  5.65 m. to point 4;

thence N. 42 deg. 41’ E.,  9.81 m. to point 5;

thence N. 53 deg. 51’ E.,  9.92 m. to point 6’

thence N. 63 deg. 45’ E.,  9.92 m. to point 7;

thence N. 74 deg. 52’ E.,  9.83 m. to point 8;

thence N. 84 deg. 22’ E.,  9.88 m. to point 9;

thence S. 85 deg. 59’ E.,  9.86 m. to point 10;

thence S. 75 deg. 39; E.,  9.85 m. to point 11;

thence S. 65 deg. 13’ E.,  38.00 m. to point of beginning

containing an area of THREE THOUSAND FIVE HUDNRED (3,500) SQUARE METERS, more or less.

All points referred to are indicated on the plan and are marked on the ground as follows: points 4 to 11 by Old P.S. and the rest by P.S. Cyl. Conc. Mons. 15 x 60 cms.; bearings true; date of original survey, August 1906 – July 1907, and that of the subdivision survey, executed by Renato H. Cabigon, Geodetic Engineer, on Sept. 25, 1977.

Lot 2-C-2-A
Psd-07-01-000944
TCT No. 70836

A parcel of land (Lot 2-C-2-A, of the subdivision plan Psd004-01-000944 being a portion of Lot 2-C02, described on plan (LRC) Psd-271949, L.R.C. (GLRO), Rec. No. 5988), situated in the City of Cebu, Island of Cebu.

Bounded on the NW., along lines 1-2, by Lot 2-C-2-B of the subdivision plan; on the NE., along lines 2-3, by Lot 2-C-1 (LRC) Psd-271949; on the SE. along lines 3-4 by Lot 2-C-2-C of the subdivision plan; and on the SW. and NW. along lines 4-5-1, by Lot 2-B (LRC) Psd-268733.

Beginning at a point marked "1" on plan, being N. 4 deg. 18’ W., 103.79 m. from Mon. 5 Banilad Estate:

thence N. 19 deg. 53’ E.,  59.32 m. to point 2;

thence S. 66 deg. 31’ E.,  21.58 m. to point 3;

thence S. 24 deg. 47’ W.,  61.35 m. to point 4;

thence N. 66 deg. 04’ W.,  16.43 m. to point 5;

thence N. 22 deg. 50’ E.,  2.00 m. to point of beginning

containing an area of ONE THOUSAND ONE HUNDRED SIXTY ONE (1,161) SQUARE METERS, more or less.

All points referred to are indicated on the plan and are marked on the ground as follows: Points 2 and 4, by P.S. Cyl. Conc. Mons. 15 x 60 cms., and the rest by old P.S. Cyl. Conc. Mons. 15 x 60’ cms., bearings true; declination 1 deg. ‘E.; date of the original survey, Aug. 1906 to July 1907, and that of the subdivision survey, on March 22, 1978.

Lot 2-C-2-C
Psd-07-01-000944
TCT No. 70838

A parcel of land (Lot 2-C-2-C of the subdivision plan Psd-04-01-000944, being a portion of lot 2-C-2 (LRC) Psd-271949, L.R.C. (GLRO) Rec. No. 5988), situated in the City of Cebu, Island of Cebu.

Bounded on the NE., along lines 1-2, by San Jose de Montaña Street; and along lines 2-3, by Lot 2-6-3 (LRC) Psd-271949; on the SE., along line 3-4-5 by Lot 10, (LRC) Pcs-21568; on the SW., along lines 5-6, by Lot 2-B (LRC) Psd-268773; and on the NW., along lines 6-7, by Lot 2-C-2-A of the subdivision plan; and along lines 7-1, by Lot 2-C-1 (LRC) Psd-271949.

Beginning at a point marked "1" on plan, being N. 0 deg. 57’ W., 1123.97 m. from Mon. 5, Banilad Estate:

thence S. 65 deg. 13’ E.,  15.00 m. to point 2;

thence S. 06 deg. 34’ E,  91.69 m. to point 3;

thence S. 86 deg. 01’ W.,  40.81 m. to point 4;

thence S. 62 deg. 49’ W,  11.55 m. to point 5;

thence N. 66 deg. 04’ W.,  19.82 m. to point 6;

thence N. 24 deg. 47’ E.,  61.35 m. to point 7;

thence N. 24 deg. 47’ E.,  46.00 m. to point of beginning

containing an area of FOUR THOUSAND ONE HUNDRED THIRTY NINE (4,139) SQUARE METERS, more or less.

All points referred to are indicated on the plan and are marked on the ground as follows: Point 6 by P.S. Cyl. Conc. Mons. 15 x 60 cms. And the rest by old P.S. Cyl. Conc. Mons. 15 x 60 cms; bearings true; declination deg. ; date of the original survey, Aug. 1906 to July 1907, and that of the subdivision survey, on March 22, 1978.ℒαwρhi৷

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.

DONE in the City of Manila, this 24th day January, in the year of Our Lord, Two Thousand and Five.

(Sgd.) GLORIA MACAPAGAL-ARROYO

By the President:

(Sgd.) EDUARDO R. ERMITA
Executive Secretary


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