Creating and Designating a Building at C.M. Recto Ave. and Corrales St., Cagayan De Oro City, as an Information Technology Center
Proclamation No. 1216, issued on February 11, 2016, designates a building located at C.M. Recto Avenue and Corrales Street in Cagayan de Oro City as an Information Technology Center, in accordance with the Special Economic Zone Act of 1995 and its amendments. The designated IT Center, known as the Centrio Corporate Center, has a gross floor area of 11,378.28 square meters, situated on two parcels of land totaling approximately 2,500 square meters. The proclamation follows the recommendations of the Philippine Economic Zone Authority (PEZA) and adheres to various resolutions and regulations pertaining to economic zones. This initiative aims to enhance the local economy and support the growth of the information technology sector in the region.
Quick Answers
- What is Creating and Designating a Building at C.M. Recto Ave. and Corrales St., Cagayan De Oro City, as an Information Technology Center about?
- Proclamation No. 1216, issued on February 11, 2016, designates a building located at C.M. Recto Avenue and Corrales Street in Cagayan de Oro City as an Information Technology Center, in accordance with the Special Economic Zone Act of 1995 and its amendments. The designated IT Center, known as the Centrio Corporate Center, has a gross floor area of 11,378.28 square meters, situated on two parcels of land totaling approximately 2,500 square meters. The proclamation follows the recommendations of the Philippine Economic Zone Authority (PEZA) and adheres to various resolutions and regulations pertaining to economic zones. This initiative aims to enhance the local economy and support the growth of the information technology sector in the region.
- What type of law is <--!0000-->Proclamation No. 1216?
- Creating and Designating a Building at C.M. Recto Ave. and Corrales St., Cagayan De Oro City, as an Information Technology Center (<--!0000-->Proclamation No. 1216) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Creating and Designating a Building at C.M. Recto Ave. and Corrales St., Cagayan De Oro City, as an Information Technology Center enacted?
- Creating and Designating a Building at C.M. Recto Ave. and Corrales St., Cagayan De Oro City, as an Information Technology Center (<--!0000-->Proclamation No. 1216) was enacted on Feb 11, 2016.
- What is the citation for Creating and Designating a Building at C.M. Recto Ave. and Corrales St., Cagayan De Oro City, as an Information Technology Center?
- Creating and Designating a Building at C.M. Recto Ave. and Corrales St., Cagayan De Oro City, as an Information Technology Center, <--!0000-->Proclamation No. 1216, Feb 11, 2016 (Philippines)
Law Information
- Reference Number
- <--!0000-->Proclamation No. 1216
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Proclamations
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
February 11, 2016
PROCLAMATION NO. 1216
CREATING AND DESIGNATING A BUILDING, LOCATED AT C.M. RECTO AVENUE AND CORRALES STREET, CAGAYAN DE ORO 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, or 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, BENIGNO S. AQUINO III, 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. 14-431 (s. 2014) of the PEZA Board of Directors, as an Information Technology (IT) Center, to be known as the Centrio Corporate Center, with a gross floor area of Eleven Thousand Three Hundred Seventy-Eight square meters and Twenty-Eight square decimeters (11,378.28), which stands on two parcels of land, located at C.M. Recto Avenue and Corrales Street, Cagayan de Oro City, with an aggregate land area of Two Thousand Five Hundred (2,500) square meters, more or less, as defined by the following technical description:
BPO Lot 1
A parcel of land (being a portion of Lot 694-B-1, [LRC] Psd-282316), situated in the Poblacion, City of Cagayan de Oro, Island of Mindanao.
Bounded on the NE., SE., and SW., along lines 1 to 19 by portion of Lot 694-B-1, (LRC) Psd-282316; and on the SE., along line 19 to 1 by portion of Lot 694-A-1-A, (LRA) Psd-426166.
Beginning at a point marked "1" on plan, being N. 83 deg. 08'W., 488.69 m. from BBM No. 4, Cad-237, Cagayan Cadastre; thence:
N. 85 deg. 35' W., 24.75 m. to point 2
N. 04 deg. 25' E., 9.65 m. to point 3
N. 85 deg. 35' W., 33.94 m. to point 4
N. 04 deg. 25' E., 11.31 m. to point 5
S. 85 deg. 35' E., 1.56 m. to point 6
N. 04 deg. 25' E., 13.09 m. to point 7
N. 13 deg. 24' E., 3.45 m. to point 8
N. 31 deg. 23' E., 3.38 m. to point 9
N. 49 deg. 22' E., 3.38 m. to point 10
N. 67 deg. 20' E., 3.38 m. to point 11
N. 85 deg. 19' E., 3.45 m. to point 12
S. 85 deg. 35' E., 25.54 m. to point 13
N. 04 deg. 25' E., 1.32 m. to point 14
S. 85 deg. 35' E., 5.21 m. to point 15
S. 03 deg. 48' W., 5.51 m. to point 16
S. 85 deg. 35' E., 16.24 m. to point 17
N. 04 deg. 32' E., 0.25 m. to point 18
S. 85 deg. 35' E., 3.90 m. to point 19
S. 10 deg. 57' W., 41.27 m. to point of
beginning; containing an area of Two Thousand Two Hundred Eighty (2,280) square meters, more or less. Date of original survey, November 1926-July 1932, and this survey was executed by Geodetic Engineer Dexter Ian C. Opeña on 14 October 2015.
BPO Lot 2
A parcel of land (being a portion of Lot 694-A-1-A [LRA] Psd-426166), situated in the Poblacion, City of Cagayan de Oro, Island of Mindanao.
Bounded on the NW., along line 1 to 2 by portion of Lot 694-B-1, (LRC) Psd-282316; and on the SE., NE., and SW., along lines 2 to 6 and 6 to 1 by portion of Lot 694-A-1-A (LRA) Psd-426166.
Beginning at a point marked "1" on plan, being N. 83 deg. 08'W., 488.69 m. from BBM No. 4, Cagayan Cadastre; thence:
N. 10 deg. 57' E., 41.27 m. to point 2
S. 85 deg. 35' E., 9.70 m. to point 3
S. 04 deg. 25' W., 6.95 m. to point 4
N. 85 deg. 35' W., 8.05 m. to point 5
S. 04 deg. 25' W., 34.05 m. to point 6
N. 85 deg. 35' W., 6.35 m. to point of
beginning; containing an area of Two Hundred Twenty (220) square meters, more or less. Date of original survey, November 1926-July 1932, and this survey was executed by Geodetic Engineer Dexter Ian C. Opeña on 14 October 2015.
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 11th day of February, in the year of Our Lord, Two Thousand and Sixteen. DETACa
Cite This Law
Creating and Designating a Building at C.M. Recto Ave. and Corrales St., Cagayan De Oro City, as an Information Technology Center, <--!0000-->Proclamation No. 1216, Feb 11, 2016 (Philippines)
Creating and Designating a Building at C.M. Recto Ave. and Corrales St., Cagayan De Oro City, as an Information Technology Center, <--!0000-->Proclamation No. 1216 (Phil. 2016)
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