Creating and Designating a Building to be Known as Abiathar Commercial Complex in Cebu City as a Special Economic Zone (Information Technology Center)

January 10, 2020

PROCLAMATION NO. 885

CREATING AND DESIGNATING A BUILDING AND THE PARCELS OF LAND WHERE IT STANDS, LOCATED ALONG ARCHBISHOP REYES AVENUE, CEBU CITY, AS A 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 (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, RODRIGO ROA DUTERTE, President of the Republic of the Philippines, do hereby create and designate a building to be known as Abiathar Commercial Complex, with a gross floor area of Eighty Nine Thousand Nine Hundred Twenty Five and Eight Hundredths square meters (89,925.08 m²), and the parcels of land where the building stands, located along Archbishop Reyes Avenue, Cebu City, with an area of Three Thousand Five Hundred Seventy Three square meters (3,573 m²), more or less, subject to the provisions of RA No. 7916, as amended, its Implementing Rules and Regulations, PEZA Board of Directors 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. 16-726, as a Special Economic Zone (Information Technology Center), as defined by the following technical description:

Portion of Lot 2, Block 1, Psd-07-021224

A parcel of land (portion of Lot 2, Block 1, Psd-07-021224 and Lot 309-A, Psd-24718 of survey plan SK-07-000214), situated in the Barangay of Mabolo, City of Cebu, Island of Cebu.

Bounded on the NE., along lines 1-2 by Lot 1, Block 1, Psd-07-021224; on the NE., and SE., along lines 2-3-4 by Lot 309-A, Psd-24718; on SW., along lines 4-5 by Lot 309-A, Psd-24718 and Lot 1, Block 1, Psd-07-021224; on the SW., and NW., along lines 5-6-7-8-9-10-11-12-13-14-15 by Lot 1, Block 1, Psd-07-021224.

Beginning at a point marked "1" on plan, being S. 68 deg. 22' W., 1227.93 m. from Mon. No. 3, Banilad Estate;

thence S. 65 deg. 11' E., 53.00 m. to point 2;

thence S. 60 deg. 29' E., 24.99 m. to point 3;

thence S. 24 deg. 51' W., 46.81 m. to point 4;

thence N. 65 deg. 11' W., 28.74 m. to point 5;

thence N. 65 deg. 11' W., 42.00 m. to point 6;

thence N. 58 deg. 11' W., 1.41 m. to point 7;

thence N. 47 deg. 07' W., 1.41 m. to point 8;

thence N. 36 deg. 03' W., 1.41 m. to point 9;

thence N. 24 deg. 59' W., 1.41 m. to point 10;

thence N. 13 deg. 55' W., 1.41 m. to point 11;

thence N. 02 deg. 51' W., 1.41 m. to point 12;

thence N. 08 deg. 13' E., 1.41 m. to point 13;

thence N. 19 deg. 17' E., 1.41 m. to point 14;

thence N. 24 deg. 49' E., 39.02 m. to the point of

beginning, containing an area of Three Thousand Five Hundred Seventy Three (3,573) square meters, more or less. All points referred to are indicated on the plan and are marked on the ground as follows: bearings true; date of original survey August 1906-July 1907 date approved 16 November 2018.

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 10th day of January, in the year of Our Lord, Two Thousand and Twenty.

 

Published in the Official Gazette, Vol. 116, No. 4, p. 503 on January 27, 2020.