Creating and Designating a Building at Lot 8, Block 5, 32nd Street, Bonifacio Global City, Taguig City as IT Center
Proclamation No. 285, issued on August 9, 2017, designates Menarco Tower, located at Lot 8, Block 5, 32nd Street in Bonifacio Global City, Taguig, as an Information Technology Center under Republic Act No. 7916, as amended by RA No. 8748. This designation follows recommendations from the Philippine Economic Zone Authority (PEZA) and complies with relevant regulations and resolutions. The building encompasses a gross floor area of 47,165.32 square meters and is situated on a 1,790 square meter parcel of land. The proclamation serves to enhance the area’s economic growth by establishing a designated space for information technology activities.
Quick Answers
- What is Creating and Designating a Building at Lot 8, Block 5, 32nd Street, Bonifacio Global City, Taguig City as IT Center about?
- Proclamation No. 285, issued on August 9, 2017, designates Menarco Tower, located at Lot 8, Block 5, 32nd Street in Bonifacio Global City, Taguig, as an Information Technology Center under Republic Act No. 7916, as amended by RA No. 8748. This designation follows recommendations from the Philippine Economic Zone Authority (PEZA) and complies with relevant regulations and resolutions. The building encompasses a gross floor area of 47,165.32 square meters and is situated on a 1,790 square meter parcel of land. The proclamation serves to enhance the area’s economic growth by establishing a designated space for information technology activities.
- What type of law is Proclamation No. 285?
- Creating and Designating a Building at Lot 8, Block 5, 32nd Street, Bonifacio Global City, Taguig City as IT Center (Proclamation No. 285) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Creating and Designating a Building at Lot 8, Block 5, 32nd Street, Bonifacio Global City, Taguig City as IT Center enacted?
- Creating and Designating a Building at Lot 8, Block 5, 32nd Street, Bonifacio Global City, Taguig City as IT Center (Proclamation No. 285) was enacted on Aug 9, 2017.
- What is the citation for Creating and Designating a Building at Lot 8, Block 5, 32nd Street, Bonifacio Global City, Taguig City as IT Center?
- Creating and Designating a Building at Lot 8, Block 5, 32nd Street, Bonifacio Global City, Taguig City as IT Center, Proclamation No. 285, Aug 9, 2017 (Philippines)
Law Information
- Reference Number
- Proclamation No. 285
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Presidential Proclamations
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
August 9, 2017
PROCLAMATION NO. 285
CREATING AND DESIGNATING A BUILDING WHICH STANDS ON A PARCEL OF LAND LOCATED AT LOT 8, BLOCK 5, 32ND 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 Republic 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. 15-519 (s. 2015) of the PEZA Board of Directors, as an Information Technology Center to be known as Menarco Tower, with a gross floor area of Forty-Seven Thousand One Hundred Sixty-Five and 32/100 Square Meters (47,165.32 m 2 ), which stands on a parcel of land, located at Lot 8, Block 5, 32nd Street, Bonifacio Global City, Taguig City, with an area of One Thousand Seven Hundred Ninety Square Meters (1,790 m 2 ), more or less, as defined by the following technical description:
Lot 8, Block 5
A parcel of land covered by TCT No. 164-2012001056 (Lot 8, Block 5 of the consolidation-subdivision plan Pcs-00-012537, being a portion of Lots 1 to 4 of Block 18, Lots 1 to 4 of Block 19, Blocks 20, 22, 38 to 42; Lots 1 to 4 of Block 43; Lots 1 to 4 of Block 44; Blocks 48, 49, 65, Reserve Access Lots 22 to 25, 27, 28, 41, 42, 46 & 47, all of Psd-00-046745; Lots 1 to 5 of Psd-00-053382; Lots 1 to 5 of Psd-00-53379; Lot 2 of Psd-00-055385, Lot 1 of Psd-00-058000; Reserve Access Lots 40-A & 40-B of Psd-00-057864; Reserve Access Lots 1 to 3 of Pcs-00-009913; Reserve Access Lots 43-A & 43-B of Psd-00-058167; Reserve Access Lot 39-A of Psd-00-058168 and Reserve Access Lot 51-D of Psd-00-058169, LRC Rec. No.) situated in the Barrio of Fort Bonifacio, City of Taguig, Province of Metro Manila, Island of Luzon.
Bounded on the NE., along line 1-2 by Lot 4, Block 5, Pcs-00-012537 (Reserve Access Lot); on the SE., along line 2-3 by Lot 7, Block 5, Pcs-00-012537; on the SW., along lines 3-4-5 by Road Lot 27 of Pcs-00-011796; on the NW., along line 5-1 by Lot 9, Block 5, Pcs-00-012537.
Beginning at a point marked "1" on plan, being N. 38 deg. 29'W., 3,726.88 m. from BLLM No. 1, MCADM-590-D, Taguig Cadastral Mapping;
thence S. 71 deg. 48' E., 36.35 m. to point 2;
thence S. 18 deg. 12' W., 49.25 m. to point 3;
thence N. 71 deg. 48' W., 32.64 m. to point 4;
thence N. 71 deg. 48' W., 3.71 m. to point 5;
thence N. 18 deg. 12' E., 49.25 m. to the point of
beginning; containing an area of One Thousand Seven Hundred Ninety Square Meters (1,790 m 2 ), more or less. Point 4 by Old PS cyc. conc. mons. 15x40 cm. and the rest by PS cyl. conc. mons. 15x40 cms.; bearings, true; date of original survey, September-December 1907 and that of the consolidation subdivision survey, April 1-20, 2008 and was approved on August 4, 2008.
IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed hereto. aDSIHc
DONE in the City of Manila, this 9th day of August, in the year of Our Lord, Two Thousand and Seventeen.
Published in the Official Gazette, Vol. 113, No. 34, p. 6145 on August 21, 2017.
Cite This Law
Creating and Designating a Building at Lot 8, Block 5, 32nd Street, Bonifacio Global City, Taguig City as IT Center, Proclamation No. 285, Aug 9, 2017 (Philippines)
Creating and Designating a Building at Lot 8, Block 5, 32nd Street, Bonifacio Global City, Taguig City as IT Center, Proclamation No. 285 (Phil. 2017)
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