Creating and Designating a Building to be Known as Milestone Fifth Avenue at Bonifacio Global City, Taguig City as a Special Economic Zone (Information Technology Center)

February 13, 2019

PROCLAMATION NO. 673

CREATING AND DESIGNATING A BUILDING AND THE PARCEL OF LAND UPON WHICH IT STANDS, LOCATED AT LOT 2, BLOCK 16, 4TH AND 5TH AVENUES, BONIFACIO GLOBAL CITY, TAGUIG 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 Milestone at Fifth Avenue, with a gross floor area of Twenty-Seven Thousand Eighty-Nine and Sixty-Eight Hundredths square meters (27,089.68 m²), more or less, and the parcel of land upon which the building stands, located at Lot 2, Block 16, 4th and 5th Avenues, Bonifacio Global City, Taguig City, with a land area of Three Thousand Ten square meters (3,010 m²), more or less, 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), 15-240 (s. 2015) and 17-472 (s. 2017), and Resolution No. 17-100 (s. 2017), as amended by Resolution No. 18-375 (s. 2018) of the PEZA Board of Directors, as a Special Economic Zone (Information Technology Center), as defined by the following technical description: aScITE

Lot 2 Blk. 16

A parcel of land (Lot 2 Blk. 16 of the cons. subd. plan Pcs-00-007928, being a portion of Lots 4-7 Blk. 1, Lots 1-8 Blk. 2, Lots 1-3 Blk. 3, Lot 1 Blk. 4, Lots 1 & 2 Blk. 5, Lot 1 Blk. 6, Lot 1-4 Blk. 7, Lots 1-4 Blk. 8, Lots 1-5 Blk. 9, Lots 1-4 Blk. 10, Lots 1-7 Blk. 11, Lots 1 & 2 Blk. 12, Lots 1-2 Blk. 14, Lots 1 & 2 Blk. 15, Lots 1-3 Blk. 16, Lots 1 & 2 Blk. 17, Lots 1-4 Blk. 18, Lots 1-4 Blk. 19, Lots 1-5 Blk. 20, Blks. 1 to 27, open spaces 1-4 Road Lots 1-22 Reserved Access Lots 1-6, Reserved Lots 1-15, Pcs-00-007463 LRC Rec. No.), situated in Brgy. Fort Bonifacio, Taguig City, Metro Manila.

Bounded on the NW., along line 1-2 by Road Lot 8, on the NE., along line 2-3 by Lot 3, Blk. 16, on the SE., along line 3-4 by Road Lot 7, on the SW., along line 4-1 by Lot 1 Blk. 16, all of the consolidated subdivision plan. DETACa

Beginning at a point marked "1" on the plan, being N. 52 deg. 28' W., 3,871.87 m. from BLLM No. 1, Mcadm 590-D, Taguig Cad. Mapping;

thence N. 18 deg. 12' E., 43.00 m. to point 2;

thence S. 71 deg. 48' E., 70.00 m. to point 3;

thence S. 18 deg. 12' W., 43.00 m. to point 4;

thence N. 71 deg. 48' W., 70.00 m. to the point of;

beginning, containing an area of Three Thousand Ten square meters (3,010 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. 15 x 60 cms.; bearings, grid; date of original survey, September to December 1907, and that of the consolidation subdivision survey, Pcs-00-007928 and approved on May 20, 1997.

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed hereto. HEITAD

DONE in the City of Manila, this 13th day of February, in the year of Our Lord, Two Thousand and Nineteen.

 

Published in the Official Gazette, Vol. 115, No. 8, p. 1822 on February 25, 2019.