MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ Proclamation No. 1073, May 25, 2006 ]
CREATING AND DESIGNATING SEVERAL PARCELS OF LAND SITUATED AT SUBANGDAKU, MANDAUE CITY, PROVINCE OF CEBU, AS INFORMATION TECHNOLOGY PARK 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, I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, do hereby create and designate as Information Technology Park, subject to the provisions of Republic Act No. 7916 as amended, its Implementing Rules and Regulations, and Resolution No. 00-411 dated 29 December 2000 and Resolution No. 05-189 dated 29 June 2005, of the Board of Directors of the Philippine Economic Zone Authority (PEZA), several parcels of land located at Subangdaku, Mandaue City, Province of Cebu, containing an area of SEVENTY THOUSAND TWO HUNDRED NINETY FIVE SQUARE METERS AND FIFTY SQUARE DECIMETERS (70,295.50) more or less, as defined by the following technical descriptions:
Lot No. 3
(LRC) Pcs-16995
TCT No. 69345
A parcel of land (Lot No. 3 of the consolidation subdivision plan (LRC) Pcs-15995, being a portion of the consolidation of Lot 1434-B (LRC) Psd-14091 & Lot 2, Psu-186320, LRC Record No. 5988 & N-81747), Case No. N-415, situated in the Barrio of Mabolo, City of Cebu, Island of Cebu, Bounded on the NE., points 2 to 4 by Lot 2 of the consolidation subdivision plan; and points 4 to 5 by Lot 1434-C (LRC) Psd-14091; on the SW., points 5 to 7 by Lot 4; and points 7 to 8 and 8 to 1 by Lot 6, both of the consolidation subdivision plan; and points 1 to 2 by Lot 1423, Banilad Estate.1aшphi1
Beginning at a point marked “1” on plan, being S. 64 deg. 38' E., 797.34 m. from Mon. 3, Banilad Estate,
| Thence N. 18 deg. 00 W., |
4.90 m. to point 2; |
| thence S. 52 deg. 54 E., |
43.00 m. to point 3; |
| thence S 36 deg. 04' W, |
22.00 m. to point 2; |
| thence N 53 deg. 53' W, |
45.00 m. to point 3; |
| thence S 36 deg. 04' E, |
22.00 m. to point 4; |
| thence S 53 Deg. 56' E, |
45.00 m. to the point of |
beginning; containing an area of NINE HUNDRED NINETY (990) SQUARE METERS, more or less. All points referred to are indicated on the plan, and on the ground are marked by PLS cylindrical concrete monuments 15 x 60 cm.; bearings true; declination 0 deg. 50' E., date of the original survey, April 8, 1920-Feb. 21, 1921 and that of the consolidation and subdivision survey, Feb. 2 – Sept. 15, 1948.
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 25th day of May in the year of our Lord, Two Thousand and Six.
(Sgd.) GLORIA MACAPAGAL-ARROYO
By the President:
(Sgd.) EDUARDO R. ERMITA
Executive Secretary
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