Creating and Designating a Building at J. Vargas Corner Bank Drive, Ortigas Center, Mandaluyong City, as Special Economic Zone (IT Center)
Proclamation No. 375, issued on December 7, 2017, designates St. Francis Square, located at J. Vargas Corner Bank Drive in Ortigas Center, Mandaluyong City, as a Special Economic Zone (Information Technology Center) under Republic Act No. 7916 and its amendments. The building has a gross floor area of approximately 38,789 square meters, with the land area measuring around 7,490.97 square meters. This designation is made upon the recommendation of the Philippine Economic Zone Authority's Board of Directors and is subject to various existing regulations and resolutions. The proclamation aims to enhance economic activities in the area, particularly in the information technology sector.
Quick Answers
- What is Creating and Designating a Building at J. Vargas Corner Bank Drive, Ortigas Center, Mandaluyong City, as Special Economic Zone (IT Center) about?
- Proclamation No. 375, issued on December 7, 2017, designates St. Francis Square, located at J. Vargas Corner Bank Drive in Ortigas Center, Mandaluyong City, as a Special Economic Zone (Information Technology Center) under Republic Act No. 7916 and its amendments. The building has a gross floor area of approximately 38,789 square meters, with the land area measuring around 7,490.97 square meters. This designation is made upon the recommendation of the Philippine Economic Zone Authority's Board of Directors and is subject to various existing regulations and resolutions. The proclamation aims to enhance economic activities in the area, particularly in the information technology sector.
- What type of law is Proclamation No. 375?
- Creating and Designating a Building at J. Vargas Corner Bank Drive, Ortigas Center, Mandaluyong City, as Special Economic Zone (IT Center) (Proclamation No. 375) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Creating and Designating a Building at J. Vargas Corner Bank Drive, Ortigas Center, Mandaluyong City, as Special Economic Zone (IT Center) enacted?
- Creating and Designating a Building at J. Vargas Corner Bank Drive, Ortigas Center, Mandaluyong City, as Special Economic Zone (IT Center) (Proclamation No. 375) was enacted on Dec 7, 2017.
- What is the citation for Creating and Designating a Building at J. Vargas Corner Bank Drive, Ortigas Center, Mandaluyong City, as Special Economic Zone (IT Center)?
- Creating and Designating a Building at J. Vargas Corner Bank Drive, Ortigas Center, Mandaluyong City, as Special Economic Zone (IT Center), Proclamation No. 375, Dec 7, 2017 (Philippines)
Law Information
- Reference Number
- Proclamation No. 375
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Proclamations
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
December 7, 2017
PROCLAMATION NO. 375
CREATING AND DESIGNATING A BUILDING AND THE PARCELS OF LAND UPON WHICH IT STANDS, LOCATED AT J. VARGAS CORNER BANK DRIVE, ORTIGAS CENTER, MANDALUYONG CITY, AS SPECIAL ECONOMIC ZONE (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 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, RODRIGO ROA DUTERTE, President of the Philippines, do hereby create and designate a building to be known as St. Francis Square, with a gross floor area of Thirty-Eight Thousand Seven Hundred Eighty-Nine square meters (38,789 m2), more or less, and the parcels of land upon which the building stands, located at J. Vargas corner Bank Drive, Ortigas Center, Mandaluyong City, with an aggregate area of Seven Thousand Four Hundred Ninety and 97/100 square meters (7,490.97 m2), more or less, subject to the provisions of Republic Act No. 7916, as amended, its Implementing Rules and Regulations, Resolution No. 00-411 (s. 2000), as amended by Resolution Nos. 11-066 (s. 2011), 15-240 (s. 2015) and 17-472 (s. 2017), and Resolution No. 15-119 (s. 2015) of the Board of Directors of the Philippine Economic Zone Authority, as Special Economic Zone (Information Technology Center), as defined by the following technical descriptions:
Lot 2, PCS-00-013453
A parcel of land covered by TCT No. 008-2013000696 (Lot 2, Plan No. PCS-00-013453 portion of Lot 2-C-1-C, 2-C-1-D, 2-C-1-E, PSD-13-018687; 699, 875 and 917, situated in the Barangay of Wack-Wack Greenhills, Mandaluyong City, Metro Manila, Island of Luzon.
Bounded on the E., along lines 1-3 by Lot 1, (LRC) PSD-300753; on the S., and W., along lines 3-5 by Lot 3, PCS-00-013453; on the W., along lines 5-8 by Lot 4, PCS-00-013453; on the N., along line 8-1 by Lot 1, PCS-00-013453.
Beginning at a point marked "1" on plan, being S. 73 deg. 77' E., 748.89 m. from BLBM No. 1, Bo. of Wack-Wack, Municipality of San Felipe Neri;
thence S. 00 deg. 50' W., 11.79 m. to point 2;
thence S. 00 deg. 50' W., 71.11 m. to point 3;
thence N. 89 deg. 10' W., 27.00 m. to point 4;
thence N. 00 deg. 50' E., 7.50 m. to point 5;
thence N. 00 deg. 50' E., 54.55 m. to point 6;
thence N. 89 deg. 10' W., 4.28 m. to point 7;
thence N. 00 deg. 50' E., 20.85 m. to point 8;
thence S. 89 deg. 10' E., 31.28 m. to the point of
beginning; containing an area of Two Thousand Three Hundred Twenty-Seven and 64/100 square meters (2,327.64 m2), more or less. PS cyl. conc. mons. 15 x 60 cm., except point 2 by old PS cyl. conc. mons. 15 x 60 cm. Bearings true; date of original survey 08 April 1920-21 February 1921. Date of subdivision-consolidation survey 10-11 November 2010 and date of approved survey 10 January 2011.
Lot 3, Plan No. PCS-00-013453
A parcel of land covered by TCT No. 008-2013000697 (Lot 3, Plan No. PCS-00-013453, portion of Lot 2-C-1-C, 2-C-1-D, 2-C-1-E, PSD-13-018687; 699, 875 and 917, situated in the Barangay of Wack-Wack Greenhills, Mandaluyong City, Metro Manila, Island of Luzon.
Bounded on the N., along lines 1-3 by Lot 2, PCS-00-013453; on the E., along line 3-4 by Lot 1 (LRC) PSD-300753; on the S., SW., Lines 4-8 along Road Lot 2, PSD-292385 (Julia Vargas Avenue); on the W., along lines 8-10 by Lot 2-C-2, (LRC) PSD 321504 (Existing Right-of-Way); on the N., along line 10-1 by Lot 4, PCS-00-013453.
Beginning at a point marked "1" on plan, being S., 67 deg. 9' E., 747.85 m. from BLBM No. 1 Bo. of Wack-Wack, Municipality of San Felipe Neri; aDSIHc
thence S. 00 deg. 50' W., 7.50 m. to point 2;
thence S. 89 deg. 10' E., 27.00 m. to point 3;
thence S. 00 deg. 50' W., 26.00 m. to point 4;
thence N. 89 deg. 10' W., 59.02 m. to point 5;
thence N. 77 deg. 55' W., 3.90 m. to point 6;
thence N. 55 deg. 25' W., 3.90 m. to point 7;
thence N. 32 deg. 55' W., 3.90 m. to point 8;
thence N. 10 deg. 25' W., 3.90 m. to point 9;
thence N. 00 deg. 50' E., 23.49 m. to point 10;
thence S. 89 deg. 10' E., 42.03 m. to the point of
beginning; containing an area of Two Thousand Eighty-Six and 39/100 square meters (2,086.39 m2), more or less. All points referred to are indicated on the plan and are marked on the ground by PS cyl. conc. mons. 15 x 60 cm except point 4 to 9 by old PS cyl. conc. mons. 15 x 60 cm; bearings true; date of original survey, 08 April 1920-21 February 1921 and that of the subdivision-consolidation survey 10-11 November 2010 and was approved on 10 January 2011.
Lot 4, Plan No. PCS-00-013453
A parcel of land covered by TCT No. 008-2013000698 (Lot 4, Plan No. PCS-00-013453, portion of Lot 2-C-1-C, 2-C-1-D, 2-C-1-E, PSD-13-018687; 699, 875 and 917, situated in the Barangay of Wack-Wack Greenhills, Mandaluyong City, Metro Manila, Island of Luzon.
Bounded on the S., along line 1-2 by Lot 3, PCS-00-013453; on the W., along lines 2-4 by Lot 2-C-2 (LRC) PSD-321504 (Existing Right-of-Way); on the N., line 4-5 by Lot 1, PCS-00-013453; on the E., along lines 5, 7-1 by Lot 2, PCS-00-013453.
Beginning at a point marked "1" on plan, being S., 67 deg. 9' E., 747.85 m. from BLBM No. 1 Bo. of Wack-Wack, Municipality of San Felipe Neri;
thence N. 89 deg. 10' W., 42.03 m. to point 2;
thence N. 00 deg. 50' E., 63.61 m. to point 3;
thence N. 00 deg. 50' E., 11.79 m. to point 4;
thence S. 89 deg. 10' E., 37.74 m. to point 5;
thence S. 00 deg. 50' W., 20.85 m. to point 6;
thence S. 89 deg. 10' E., 4.28 m. to point 7;
thence S. 00 deg. 50' W., 54.55 m. to the point of
beginning; containing an area of Three Thousand Seventy-Six and 94/100 square meters (3,076.94 m2) more or less. All points referred to are indicated on the plan; bearings true; date of original survey, 08 April 1920-21 February 1921 and that of the subdivision-consolidation survey 10-11 November 2010 and was approved on 10 January 2011.
IN WITNESS WHEREOF, 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 7th day of December, in the year of Our Lord, Two Thousand and Seventeen.
Published in the Official Gazette, Vol. 113, No. 51, p. 9344 on December 18, 2017.
Cite This Law
Creating and Designating a Building at J. Vargas Corner Bank Drive, Ortigas Center, Mandaluyong City, as Special Economic Zone (IT Center), Proclamation No. 375, Dec 7, 2017 (Philippines)
Creating and Designating a Building at J. Vargas Corner Bank Drive, Ortigas Center, Mandaluyong City, as Special Economic Zone (IT Center), Proclamation No. 375 (Phil. 2017)
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