Creating and Designating a Building at 10th Avenue Corner 39th Street, Bonifacio Global City, Taguig City as IT Center
Proclamation No. 270, issued on July 17, 2017, designates a building at 10th Avenue corner 39th Street in Bonifacio Global City, Taguig, as an Information Technology Center, in accordance with Republic Act No. 7916, as amended by RA No. 8748. The designated MDi Corporate Center has a gross floor area of 11,970.87 square meters and sits on a parcel of land measuring approximately 977 square meters. The proclamation follows recommendations from the Philippine Economic Zone Authority (PEZA) and adheres to relevant regulations and resolutions. This initiative aims to promote economic development in the area through the establishment of IT facilities. The proclamation was officially published in the Official Gazette on July 24, 2017.
Quick Answers
- What is Creating and Designating a Building at 10th Avenue Corner 39th Street, Bonifacio Global City, Taguig City as IT Center about?
- Proclamation No. 270, issued on July 17, 2017, designates a building at 10th Avenue corner 39th Street in Bonifacio Global City, Taguig, as an Information Technology Center, in accordance with Republic Act No. 7916, as amended by RA No. 8748. The designated MDi Corporate Center has a gross floor area of 11,970.87 square meters and sits on a parcel of land measuring approximately 977 square meters. The proclamation follows recommendations from the Philippine Economic Zone Authority (PEZA) and adheres to relevant regulations and resolutions. This initiative aims to promote economic development in the area through the establishment of IT facilities. The proclamation was officially published in the Official Gazette on July 24, 2017.
- What type of law is Proclamation No. 270?
- Creating and Designating a Building at 10th Avenue Corner 39th Street, Bonifacio Global City, Taguig City as IT Center (Proclamation No. 270) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Creating and Designating a Building at 10th Avenue Corner 39th Street, Bonifacio Global City, Taguig City as IT Center enacted?
- Creating and Designating a Building at 10th Avenue Corner 39th Street, Bonifacio Global City, Taguig City as IT Center (Proclamation No. 270) was enacted on Jul 17, 2017.
- What is the citation for Creating and Designating a Building at 10th Avenue Corner 39th Street, Bonifacio Global City, Taguig City as IT Center?
- Creating and Designating a Building at 10th Avenue Corner 39th Street, Bonifacio Global City, Taguig City as IT Center, Proclamation No. 270, Jul 17, 2017 (Philippines)
Law Information
- Reference Number
- Proclamation No. 270
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Proclamations
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
July 17, 2017
PROCLAMATION NO. 270
CREATING AND DESIGNATING A BUILDING, WHICH STANDS ON A PARCEL OF LAND LOCATED AT 10TH AVENUE CORNER 39TH STREET, BONIFACIO GLOBAL CITY, TAGUIG CITY, AS AN INFORMATION TECHNOLOGY CENTER, PURSUANT TO REPUBLIC ACT NO. 7916, AS AMENDED BY REPUBLIC ACT NO. 8748
Pursuant to the powers vested in me under Republic Act (RA) No. 7916, otherwise known as the "Special Economic Zone Act of 1995," as amended by RA No. 8748, and upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA), I, RODRIGO ROA DUTERTE, President of the Philippines, do hereby create and designate a building, subject to the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, Resolution No. 00-411 (s. 2000), as amended by Resolution Nos. 11-066 (s. 2011) and 15-240 (s. 2015), and Resolution No. 14-239 (s. 2014) of the PEZA Board of Directors, as an Information Technology Center, to be known as the MDi Corporate Center, with a gross floor area of Eleven Thousand Nine Hundred Seventy and 87/100 Square Meters (11,970.87 m2), which stands on a parcel of land, located at 10th Avenue corner 39th Street, Bonifacio Global City, Taguig City, with an area of Nine Hundred Seventy-Seven Square Meters (977 m2), more or less, as defined by the following technical description:
Lot 7
A parcel of land (Lot 7 of the subdivision plan, Psd-00-059861, being a portion of Block 32, Pcs-00-009459, LRC Rec. No.) situated in the Barangay of Fort Bonifacio, City of Taguig, Island of Luzon.
Bounded on the SE., along line 1-2 by Lot 8 of the subdivision plan; on the SW., along line 2-3 by Reserved Access Lot 1 of the subdivision plan; on the NW., along line 3-4 by Reserved Access Lot 30 of Pcs-00-009459; and on the NE., along line 4-1 by Lot 12 of the subdivision plan.
Beginning at a point marked "1" on plan, being N. 28 deg. 46' E., 4,140.63 m. from BLLM No. 1, MCADM-590-D;
thence S. 18 deg. 12' W., 38.96 m. to point 2;
thence N. 71 deg. 48' W., 25.06 m. to point 3; HTcADC
thence N. 18 deg. 12' E., 38.96 m. to point 4;
thence S. 71 deg. 48' E., 25.06 m. to the point of
beginning, containing an area of Nine Hundred Seventy-Seven Square Meters (977 m2), more or less. All points referred to are indicated on the plan and are marked on the ground by P.S cyl. conc. mons. 15x40 cms; bearings true; date of original survey September-December 1907 and that of the subdivision survey, on 1-14 February 2002 and was approved on 30 July 2002.
IN WITNESS THEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed hereto.
DONE in the City of Manila, this 17th day of July, in the year of Our Lord, Two Thousand and Seventeen. aDSIHc
Published in the Official Gazette, Vol. 113, No. 30, p. 5430 on July 24, 2017.
Cite This Law
Creating and Designating a Building at 10th Avenue Corner 39th Street, Bonifacio Global City, Taguig City as IT Center, Proclamation No. 270, Jul 17, 2017 (Philippines)
Creating and Designating a Building at 10th Avenue Corner 39th Street, Bonifacio Global City, Taguig City as IT Center, Proclamation No. 270 (Phil. 2017)
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