CREATING AND DESIGNATING THE JY SQUARE IT CENTER III SITUATED AT SALINAS DRIVE, BARANGAY LAHUG, CEBU CITY, ISLAND OF CEBU, AS INFORMATION TECHNOLOGY CENTER PURSUANT TO REPUBLIC …

Pursuant to the powers vested in me under Republic Act No. 7916, the Special Economic Zone Act of 1995 as amended by Republic Act No. 8748 and upon recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA), 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 Center, subject to the provisions of Republic Act No. 7916 as amended, its Implementing Rules and Regulations, and Resolutions Nos. 00-411 and 06-001 dated 29 December 2000 and 10 January 2006, respectively, of the PEZA Board of Directors, the JY Square IT Center lII, which stands on a 5,300-square meter lot, more or less, located at Salinas Drive, Lahug, Cebu City, as defined by the following technical descriptions:

A parcel of land (Lot 2-C-2-A of the subdivision plan Psd-O7-01-000944, being a portion of Lot 2-C-2, described on plan (LRC) Psd-271949, L.R.C. (GLRO) Rec. No. 5988), situated in the City of Cebu, Island of Cebu.

Bounded on the NW. along line 1-2 by Lot 2-(-2-6 of the subdivision plan; on the NE. along lines 2-3, by Lot 2-(-1 (LRC) Psd-271949; on the SE., along line 3-4 by Lot 2-(-2-( of the subdivision plan; and on the SW., & NW along lines 4-5-1, by Lot 2-B (LRC) Psd-268773.

Beginning at a point marked “1” on plan, being N. 4 deg. 18′ W., 1037.79 m. from Mon. 5 Banilad Estate; thence,

N.	19	deg.	53′	E.	59.32 m.	to point 2;
S.	66	deg.	31′	E.	21.58 m.	to point 3;
S.	24	deg.	47′	W.	61.35 m.	to point 4;
N.	66	deg.	04′	W.	16.43 m.	to point 5;
N.	22	deg.	50′	E.	2.00 m.	to the point of

beginning; containing an area of One Thousand One Hundred Sixty One (1,161) Square Meters, more or less. All points referred to are indicated on the plan and are marked on the ground as follows: points 2 & 4, by P.5. cyl. conc. mons. 15 x 60 cms.; bearings true; date of the original survey, August 1906-July 1907, and that of the subdivision survey, on March 22, 1978.

A parcel of land (Lot 2-C-2-C of the subdivision plan Psd-O7-01-000944 being a portion of Lot l-C-2 (LRC) Psd-271949 L.R.C. (GLRO) Rec. No. 5988), situated in the City of Cebu, Island of Cebu.

Bounded on the NE., along lines 1-2, by San Jose de la Montana Street; and along lines 2-3, by Lot 2-C-3 (LRC) Psd-271949; on the SE., along lines 3-4-5 by Lot 10, (LRC) Pcs-21568; on the SW., along lines 5-6, by Lot 2-6 (LRC) Psd-268773; and on the NW., along lines 6-7, by Lot 2-C-2-A of the subdivision plan; and along line 7-1, by Lot 2-C-1 (LRC) Psd-271949.

Beginning at a point marked “1” on plan, being N. 0 deg. 57′ W., 1123.97 m. from Mon. 5, Banilad Estate; thence,

S.	65	deg.	13′	E.,	15.00 m.	to point 2;
S.	06	deg.	34′	E.,	91.69 m.	to point 3;
S.	86	deg.	01′	W.,	40.81 m.	to point 4;
S.	62	deg.	49′	W.,	11.55 m.	to point 5;
N.	66	deg.	04′	W.,	19.82 m.	to point 6;
N.	24	deg.	47′	E.,	61.35 m.	to point 7;
N.	24	deg.	47′	E.,	46.00 m.	to the point of

beginning; containing an area of Four Thousand One Hundred Thirty Nine (4,139) Square Meters, more or less. All points referred to are indicated on the plan and marked on the ground as follows: point 6, by P.5. cyl. conc. mons. 15 x 60 cms.; and the rest, by old P.S. cyl., conc. mons.  15 x 60 cms.; bearings true; date of original survey, August 1906-July 1907, and that of the subdivision survey, on March 22, 1978.

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, 21st this day of September, in the year of Our Lord, Two Thousand and Six.

By the President:

EDUARDO R. ERMITA
Executive Secretary