85 OG No. 52, 8437 (December 25, 1989)
(1) Lot No. 3. of the consolidation subdivision plan (LRC) Pcs-7778, situated in Barrio Ugong, Pasig, Province of Rizal. Bounded on the NE by Road Lot 4; on the SE and S by Road Lot 2; on the SW by Road 1; on the N by Road Lot 3; containing an area of 105,396 sq. m. and covered by TCT No. PT-72553 issued by the Register of Deeds for Metro Manila District II;SEC. 2. The DECS may engage the services of an appropriate corporate entity to manage the assets, income streams and expenditures, for the maintenance and rehabilitation of the Complex and its specific components and to continue the operations thereof as had heretofore been engaged in.
(2) Lot No. 2 of the consolidation subdivision plan (LRC) Pcs. 7728, situated in Barrio Ugong, Pasig, Province of Rizal. Bounded on the N by lot 1-E (LRC) Psd-20919, on the E by lot 1; on the S by Road lot 3, on the W by lot 13, Pcs. 3588, Escarpment Road; containing an area of 6,329 sq.m. covered by TCT PT-72554 issued by the Registry of Deeds for Metro Manila District II;
(3) Four (4) buildings housing offices, seminar and training rooms referred to as Rizal I and II, Bonifacio and Mabini, consisting of one 2 storey building with mezzanine and basement and three 5-storey buildings with an aggregate floor area of 19,774 sq.m.;
(4) Ten (10) dormitory buildings referred to as Dormitories A to J, respectively, consisting of three 2-storey buildings, five 4-storey buildings, and two 3-storey buildings, all provided with root decks with an aggregate floor area of 22.540 sq.m.;
(5) Sports facilities consisting of grandstands, tennis and basketball courts, stadium oval and track and field, swimming pools, pool grandstand and viewing rooms and related equipment and accessories;
(6) Dining halls, bakeshop, kiosk and meditation hall;
(7) Substations, airconditioning building, control rooms, switchouses and light towers;
(8) Other structures such as dressing rooms, amphitheaters, greenhouse, covered walk and garage, art room, warehouses, guardhouses, and model housing units;
(9) Centralized airconditioning system, standby generators and PABX telephone system;
(10) All other properties of whatever kind, description or nature owned, titled and registered to the UL Complex and free from any lien and/or encumbrance, and therefore are proper subjects of negotiations between SIDCOR and the National Treasury as the representative of the National Government;
(11) All appropriations, financial assistance and donations, monetary or otherwise, already delivered and received by, or those previously earmarked for delivery as part of and due to the University of Life Foundation from the SIDCOR the disposition of which shall be governed by the terms and conditions provided therefor;
(12) All other assets and subsidiary corporations and their assets to the extent that they are determined to be subsidiary by law.