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101 OG No. 14, 2265 (April 14, 2005)

[ PROCLAMATION NO. 771, January 28, 2005 ]

CREATING AND DESIGNATING TWO (2) BUILDINGS, KNOWN AS THE RIVERBANKS CENTER ICT BUILDING I AND II, LOCATED AT THE RIVERBANKS CENTER, A. BONIFACIO AVENUE, BARANGKA, MARIKINA CITY, AS INFORMATION TECHNOLOGY BUILDINGS 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 the recommendation of the Board of Directors of the Philippine Economic Zone Authority, I, GLORIA MACAPAGAL – ARROYO, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby create and designate as Information Technology Buildings, subject to the provisions of Republic Act No. 7916, as amended its Implementing Rules and Regulations, and Resolutions Nos. 00-411 and 04-031 dated December 29, 2000 and February 17, 2004, respectively, of the PEZA Board of Directors, the RIVERBANKS CENTER ICT BUILDING I AND II, containing an area of FIVE THOUSAND ONE HUNDRED NINETY (5,190) SQUARE METERS and TWELVE THOUSAND (12,000) SQUARE METERS, respectively, located at Riverbanks Center, A. Bonifacio Avenue, Barangka, Marikina City, with an aggregate land area of SEVENTEEN THOUSAND THREE HUNDRED FORTY THREE (17,343) SQUARE METERS, more or less, as defined by the following technical descriptions:

Riverbanks Center ICT Building I

Lot No. 3-B

Psd-00-066714

A parcel of land (Lot 3-B of the subdivision plan Psd-00-066714, being a portion of Lot 3 (LRA) Pcs-31486, L.R.C. Record No. 7672) situated in the Barangay of Barangka, City of Marikina, Metro Manila, Island of Luzon. Bounded on the NW. and NE., along lines 1-2-3 by Lot 3-A of the subdivision plan; on the SE., along line 3-4-1 by Lot 3-C of the subdivision plan.

Beginning at a point marked "1" on plan, being S. 72 deg. 23’ W., 1,327.23 m. from B.L.L.M. No. 2, Marikina, Rizal (now City of Marikina)

thence N. 14  deg. 28’ E., 31.13 m. to point 2;

thence S. 75  deg. 23’ E., 86.40 m. to point 3;

thence S. 14  deg. 27’ W., 30.81 m. to point 4;

thence N. 75  deg. 35’ W., 86.41 m. to point of

Beginning, containing an area of TWO THOUSAND SIX HUNDRED SEVENTY SIX (2,676) SQUARE METERS, more or less. All points referred to are indicated on the plan and are marked on the ground by PLS Cylindrical Concrete Mohons 15 x 60 centimeters; bearings true; date of the original survey, December 1910 to June 1911 (Marikina Estate) and that of the subdivision survey, October 18, 2004 and approved on November 18, 2004.

Riverbanks Center ICT Building II

Lot No. 2

Pcs-00-011289

A parcel of land (Lot 2 of the consolidation-subdivision plan Pcs-00-011289, being a consolidation of Lots 1-A and 1-B, Psd-00-055453, L.R.C. Record No. 7672) situated in the Barangay of Barangka, City of Marikina, Metro Manila, Island of Luzon. Bounded on the NW. and SE., along lines 1-2-3 by Lot 1 of the consolidation-subdivision plan; and on the SW., along line 3-4-5-6-1 by the Lot 49-C-3-A-3-C-A-6-B-1 (LRC) Psd-79.

Beginning at a point marked "1" on plan, being S. 65 deg. 21’ W., 1,648.68 m. from B.L.L.M. No. 2, Marikina Rizal (now City of Marikina);

thence S. 75  deg. 24’ E., 187.70 m. to point 2;

thence S. 14  deg. 28’ W., 86.14 m. to point 3;

thence N. 75  deg. 41’ W., 2.03 m. to point 4;

thence N. 75  deg. 41’ W., 142.13 m. to point 5;

thence N. 75  deg. 41’ W., 7.02 m. to point 6;

thence N. 8  deg. 18’ W., 94.33 m. to point of

Beginning, containing an area of FOURTEEN THOUSAND SIX HUNDRED SIXTY SEVEN (14,667) SQUARE METERS, more or less. All points referred to are indicated on the plan and are marked on the ground by PS cylindrical concrete mohons 15 x 60 centimeters; bearings true; date of the original survey, December 1910 to June 1911 (Marikina Estate) and that of the consolidation-subdivision; date of survey, October 18, 2004 and approved on November 18, 2004.

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

DONE in the City of Manila, this 28th day of January, in the year of Our Lord, Two Thousand and Five.

(Sgd.) GLORIA MACAPAGAL - ARROYO

By the President:

(Sgd.) EDUARDO R. ERMITA
Executive Secretary

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