PROCLAMATION NO. 842, May 16, 2005

DESIGNATING THE HDMF-WTCI INFORMATION TECHNOLOGY TOWER, WHICH STANDS ON A PARCEL OF LAND LOCATED AT MINDANAO AVENUE, CEBU BUSINESS PARK, CEBU CITY, AS INFORMATION TECHNOLOGY BUI…

Presidential Proclamations May 16, 2005
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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 Republic of the Philippines, do hereby designate as Information Technology Building, subject to the provisions of the Republic Act No. 7916, as amended, its Implementing Rules and Regulations, and Resolutions No. 00-411 and 04-221 dated 29 December 2000 and 13 July 2004, respectively, of the Board of Directors of the Philippine Economic Zone Authority (PEZA), the HDMF-WTCI Information Technology Tower, which stands on a parcel of land located at Mindanao Avenue, Cebu Business Park, Cebu City, containing an aggregate area of Two Thousand Hundred Forty Seven (2,247) Square Meters, more or less, as defined by the following technical descriptions:

Lot 1, Block 3
Psd-07-021224
TCT No. 118654

A parcel of land (Lot 1 Block 3 of the subdivision plan, Psd-07-021224, being a portion of Lot 4, Pcs-07-001170), situated in Barangay Mabolo, Cebu City, Island of Cebu, Bounded on the SW., along lines 1-2-3-4-5-6-7-8-9 by Road Lot 3; on the NW., along lines 9-10-11-12-13-14-15 by Lot 6, Block 3; on the NE., and NW., along lines 15-16-17 by Lot 2, Block 4; on the NE., along lines 17-18 by Road Lot 5; along lines 18-1 by Lot 2, Block 3, all of the subdivision plan.

Beginning at a point marked “1” on plan, being S. 82 deg. 59’ W., 899.49m. from Monument No. 3, Banilad Estate;

thence N. 89 deg. 21’E., 1.73m. to point 2;
thence N. 85 deg. 42’W., 7.07m. to point 3;
thence N. 81 deg. 58’E., 7.07m. to point 4;
thence N. 78 deg. 19’W., 7.07m. to point 5;
thence N. 74 deg. 40’W., 7.07m. to point 6;
thence N. 71 deg. 00’W., 7.03m. to point 7;
thence N. 67 deg. 17’W., 7.07m. to point 8;
thence N. 65 deg. 27’W., 18.21m. to point 9;
thence N. 59 deg. 35’E., 1.60m. to point 10;
thence N. 53 deg. 03’E., 5.21m. to point 11;
thence N. 49 deg. 38’E., 5.17m. to point 12;
thence N. 45 deg. 07’E., 10.37m. to point 13;
thence N. 41 deg. 52’E., 15.54m. to point 14;
thence N. 39 deg. 16’E., 26.02m. to point 15;
thence S. 75 deg. 28’E., 9.93m. to point 16;
thence N. 89 deg. 05’E., 5.00m. to point 17;
thence S. 00 deg. 55’E., 10.00m. to point 18;
thence S. 00 deg. 55’E., 51.36m. to point of

beginning; containing an area of TWO THOUSAND TWO HUNDRED FORTY SEVEN (2,247) SQUARE METERS, more or less. All corners marked P.S. cylindrical concrete monuments, 15 x 40 centimeters; bearings, true; date of the Original Survey, August 1906 – July 1907; and this survey was executed by Geodetic Engineer Benedicto A. Arjona on October 21 – November 8, 1988 and March 20 – April 30, 1990 and was approved on September 7, 1990.

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

DONE in the City of Manila, this 16th day of May, 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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