MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ PROCLAMATION NO. 900, August 25, 2005 ]

CREATING AND DESIGNATING THE UNIONBANK PLAZA BUILDING SITUATED AT MERALCO AVENUE CORNERS ONYX AND SAPPHIRE STREETS, ORTIGAS CENTER, ORANBO, PASIG 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, 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 (PEZA) , I GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, by the virtue of the powers vested in me by law, do hereby create and designated as Information Technology Building subject to the provisions of Republic Act No. 7916 as amended, its Implementing Rules and Regulations, and Resolutions Nos. 00-411 and 03-348 dated 29 December 2000 and 22 December 2003 respectively, of the PEZA Board of Directors, the UnionBank Plaza building , which stands on a 2,093-square meter lot, more or less, located along Meralco Avenue Corners Onyx and Sapphire Streets, Ortigas Center, Oranbo, Pasig City, as defined by the following technical descriptions

"LOT 6 BLOCK 2
PSD-105493
TCT 492675

A parcel of land ( Lot 6, Block 2 of the subdivision plan (LRC) Psd-105493 (sheet 1), being a portion of Lot 4, Pcs-3488, LRC (GLRO) Record Nos. 699,875 & 917), situated in the Barrio of Oranbo, City of Pasig (formerly Municipality of Pasig ), Province of Rizal, Island of Luzon.

Bounded on the E., points 2 to 3 by Road Lot 4; on the SE., and S., points 3 to 9 by Road Lot 11; on the SW., & W., points 9 to 10 and points 10 to 1 by Road Lot 13; and on the N., points 1 to 2 by Lot 5, Block 2, all of the subdivision plan.

Beginning at a point marked ‘1’ on plan being S. 89 deg. 03’ E., 1201.58 m. from BLLM No. 1, Wack-Wack, thence

S 89 deg. 10’ E., 53.00 m. to point 2;
S 00 deg. 50’ W., 30.00 m. to point 3;
S 09 deg. 50’ W., 3.13 m. to point 4;
S 27 deg. 50’ W., 3.13 m. to point 5;
S 45 deg. 50’ W., 3.13 m. to point 6;
S 63 deg. 50’ W., 3.13 m. to point 7;
S 81 deg. 50’ W., 3.13 m. to point 8;
N 89 deg. 10’ W., 40.17 m. to point 9;
N 44 deg. 10’ W., 4.00 m to point 10;
N 00 deg. 50’ E., 37.18 m. to the point of

Beginning; containing an area of Two Thousand Ninety Three (2,093) square meters, more or less. All points referred to are indicated on the plan and are marked on the ground by P.S. Cyl. Conc. mons 15 x 60 cm., bearings true; declination 0 deg. 50’ E., date of original survey, April 8, 1920 – February 21, 1921 and that of the subdivision survey, May 5-22 1969"

IN WITNESS THEREOF, I have hereunto set my hand and cause the seal of the Republic of the Philippines to be affixed hereto.

DONE in the City of Manila, this 25th day of August, 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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